715 E 214th Street, Bronx, NY 10467
- Added:
- Jun 18, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 29 at 5:06 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 (646) 321-9428
Listing office Link NY Realty 141 Parkway Road, Suite 28, Bronxville, NY (646) 827-2256
Listing date Jun 18, 2026
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.
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
- Current gross rental income of $58,319/month ($699,826/year) with CAP rate over 10%
- Operating performance: 87%+ NOI margin and tenant‑paid heat and electric to keep landlord expenses low
- Transit convenience: one block from the 225th St subway station (2/5 lines) and Metro‑North about 25 min to Grand Central
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.864068
- Latitude
- 40.879796
