Elevator Multifamily
For Sale
$6,660,000
715 E 214th Street, Bronx, NY 10467
MULTI_FAMILY - Bronx, NY
Property SizeContact for details
Lot Size0.14 Acres
Days on Market58
Property Features for 715 E 214th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R7A
Rooms
Basement
Basement
Full
Elementary school district
Bronx 11
Middle school district
Bronx 11
High school district
Bronx 11
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
Central Air, Varies by Unit
Water source
Public
Building Details
Year built
2013
Number of units
37
Building materials
Brick
Listing Agency:
Link NY Realty
(646) 827-2256
Listed By:
Valon Nikci · License #10491202180
(646) 321-9428
Added: Jun 18
Changed: Aug 3
Last Checked: Aug 14 at 10:06AM
MLS# 1015537
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Investment Insights
Based on property information with market context.
Brick elevator multifamily building built in 2013 featuring 37 residential apartments. The unit mix includes 19 studios, 9 one-bedrooms, and 9 two-bedrooms. The building is reported as 100% occupied, with many tenants supported through established housing organizations and government-assisted programs. Heating is provided via electric baseboard, and cooling varies by unit with central air. Water and sewer are public, and the building includes a basement.
Zoned R7A, the property sits on a 0.1435-acre lot at 715 E 214th Street in the Wakefield section of the Bronx. Transit access is highlighted with the 225th Street subway station (2/5 lines) located one block away, and Metro-North service is described as approximately 25 minutes to Grand Central. The offering is described with a cap rate of over 10%, and tenants are reported to pay heat and electric.
The combination of in-place occupancy, tenant-paid utilities, and the described operating profile supports a straightforward day-to-day residential rental setup within a centrally connected Bronx location.
Zoned R7A, the property sits on a 0.1435-acre lot at 715 E 214th Street in the Wakefield section of the Bronx. Transit access is highlighted with the 225th Street subway station (2/5 lines) located one block away, and Metro-North service is described as approximately 25 minutes to Grand Central. The offering is described with a cap rate of over 10%, and tenants are reported to pay heat and electric.
The combination of in-place occupancy, tenant-paid utilities, and the described operating profile supports a straightforward day-to-day residential rental setup within a centrally connected Bronx location.
Key Highlights
- 37 apartments with a mix of 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms
- 100% occupied per public remarks, described cap rate of over 10%
- Tenants pay heat and electric, with electric heating and baseboard systems
Property Analytics
Property Profile
Current Use
Lease Details
37
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,185
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick elevator multifamily building with 37 apartments, 100% occupancy, and tenant-paid heat and electric in zoning R7A.
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 apartments with a mix of 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms; 100% occupied per public remarks, described cap rate of over 10%; Tenants pay heat and electric, with electric heating and baseboard systems
