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Elevator Apartment Building
New
For Sale
$6,600,000

715 E 214th Street, Bronx, NY 10467

Commercial Sale, Bronx, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market3

Property Features for 715 E 214th Street

General Information

Property type Commercial Sale
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
Listed By: Valon Nikci · License #10491202180
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 10 at 5:06PM
MLS# 1047865

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.

Located at 715 E 214th Street, this 2013 brick apartment building contains 37 residential units in an elevator-served configuration. The unit mix includes 19 studios, 9 one-bedroom apartments, and 9 two-bedroom apartments. The property is 100% occupied, with tenants supported in part through housing organizations and government-assisted programs. Tenants pay heat and electric, while heating is provided through electric baseboard systems and cooling varies by unit, including central air in some apartments.

The 0.1435-acre property is zoned R7A and connected to public water and public sewer. The building is one block from the 225th Street subway station serving the 2/5 lines, with Metro-North access approximately 25 minutes from Grand Central. The property is reported at a cap rate of over 10%.

Key Highlights

  • 37 residential apartments with 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms
  • 2013 brick elevator building at 715 E 214th Street
  • 100% occupied with housing organization and government‑assisted program support

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,185
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with varied unit layouts and subway access in Wakefield.
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 $6,600,000.
What are key features of this property?
This property features: 37 residential apartments with 19 studios, 9 one‑bedrooms, and 9 two‑bedrooms; 2013 brick elevator building at 715 E 214th Street; 100% occupied with housing organization and government‑assisted program support
More about this property
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