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Elevator Multifamily Building

715 E 214th Street Bronx, NY 10467

715 E 214th Street, Bronx, NY, 10467
$6,660,000
For Sale
Claim this Listing
$6,660,000

MULTI_FAMILY - Bronx, NY

Lot Size0.14 Acres
AddedJun 18
Days on Market29
Last RefreshJul 16 at 12:06 pm

Property Features for 715 E 214th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R7A
Rooms
Basement
Basement
Full
Standard status
Active
APN
04662-0023
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2327

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Varies by Unit, Central Air
Water source
Public

Building Details

Year built
2013
Number of units
37
Building materials
Brick

Listing agent Valon Nikci License #10491202180

Listing office Link NY Realty 141 Parkway Road, Suite 28, Bronxville, NY

Listing date Jun 18, 2026

MLS# 1015537

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

715 E 214th Street is a well-maintained elevator multifamily building offering 37 residential apartments with a mix of 19 studios, 9 one-bedrooms, and 9 two-bedrooms. The property is zoned R7A and is described as fully occupied, with many units supported by long-term tenants and assistance through established housing organizations and government-assisted programs. Tenant-paid heat and electric are noted as part of the expense structure.

The building is positioned in the Wakefield section of the Bronx, with transit access highlighted as one block from the 225th Street subway station (2/5 lines) and Metro-North service approximately 25 minutes to Grand Central. The remarks also identify the address as generating $58,319 per month in gross rental income ($699,826 annually).

For investors and buyers seeking a stabilized residential income property, the unit mix provides multiple apartment sizes within a single building. The current operating profile described includes 100% occupancy and tenant-paid utilities, and the property is presented as producing a net operating income performance in excess of 87% NOI margin based on the provided remarks. The combination of an elevator-equipped asset, diverse apartment mix, and the stated occupancy and rent support may align with buyers looking for a straightforward multifamily platform.

Key Highlights

  • 37‑unit elevator multifamily building built in 2013 with brick construction
  • Unit mix includes 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms
  • 100% occupied; many long‑term tenants supported through established housing organizations and government‑assisted programs

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Acupuncture Bar & Pub Cafe & Coffee Shop Tech Support Center Carpet & Flooring Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained elevator apartment building with 37 units, including studios, one- and two-bedrooms, plus tenant-paid heat and electric.
Where is this apartment building located?
The property is located at 715 E 214th Street Bronx, NY.
What is the asking price?
The asking price for this property is $6,660,000.
What are key features of this property?
This property features: 37‑unit elevator multifamily building built in 2013 with brick construction; Unit mix includes 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms; 100% occupied; many long‑term tenants supported through established housing organizations and government‑assisted programs
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