Ad #7787360
MLS #1015537
CAP RATE OF OVER 10% 715 East 214th Street is an excellent
715 E 214th St, Bronx, NY 10467
$6,660,000
--Beds
--Baths
--Sqft
0.14Acres
About this property
CAP RATE OF OVER 10% 715 East 214th Street is an excellent multifamily investment opportunity in the thriving Wakefield section of the Bronx. This well-maintained elevator building consists of 37 residential apartments across a diverse unit mix of 19 studios, 9 one-bedrooms, and 9 two-bedrooms, delivering strong in-place cash flow and stable occupancy. The property is 100% occupied with many units held by long-term tenants supported through established housing organizations and government-assisted programs, providing dependable and predictable rental income. The building currently generates $58,319 per month ($699,826 annually) in gross rental income. Operating at an 87%+ NOI margin, the building demonstrates exceptional operational efficiency. Tenants pay heat and electric, keeping landlord expenses low. Conveniently located one block from the 225th Street subway station (2/5 lines) with Metro-North access ~25 min to Grand Central, making it one of Wakefield's most accessible locations.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 2013
0.14 Acres
Siding: Brick
Electric (Heating), Baseboard
$2,327 / yr property tax
Bronx County
Additional Photos
Contact Information
Valon Nikci
Link NY Realty
646-321-9428
Location
Listing Agent: Valon Nikci 646-321-9428
Broker: Link NY Realty 646-321-9428 Listing Site
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.
Broker: Link NY Realty 646-321-9428 Listing Site
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.
BeachHouse.com
Printed Aug 11, 2026
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$6,660,000
--
Beds
--
Baths
--
Sqft
715 E 214th St, Bronx, NY 10467
By contacting this agent you agree to these Terms and Conditions.
MLS# 1015537
CAP RATE OF OVER 10% 715 East 214th Street is an excellent
$6,660,000
715 E 214th St, Bronx, NY 10467
--
Beds
--
Baths
--
Sqft
0.14
Acres
$6,660,000
715 E 214th St, Bronx, NY 10467
-- Beds
-- Baths
-- Sqft
0.14 Acres
CAP RATE OF OVER 10% 715 East 214th Street is an excellent multifamily investment opportunity in the thriving Wakefield section of the Bronx. This well-maintained elevator building consists of 37 residential apartments across a diverse unit mix of 19 studios, 9 one-bedrooms, and 9 two-bedrooms, delivering strong in-place cash flow and stable occupancy. The property is 100% occupied with many units held by long-term tenants supported through established housing organizations and government-assisted programs, providing dependable and predictable rental income. The building currently generates $58,319 per month ($699,826 annually) in gross rental income. Operating at an 87%+ NOI margin, the building demonstrates exceptional operational efficiency. Tenants pay heat and electric, keeping landlord expenses low. Conveniently located one block from the 225th Street subway station (2/5 lines) with Metro-North access ~25 min to Grand Central, making it one of Wakefield's most accessible locations.
50 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 2013
0.14 Acres
EXTERIOR
Siding: Brick
INTERIOR
Electric (Heating), Baseboard
FINANCIAL & COMMUNITY
$2,327 / yr property tax
Bronx County
See More Details
Location
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Ad Statistics
Ad Number
7787360
Viewed
51 times
Listing Status
Active
Added
Jun 22, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
1015537
Listing Agent: Valon Nikci 646-321-9428
Broker: Link NY Realty 646-321-9428 Listing Site
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.
Broker: Link NY Realty 646-321-9428 Listing Site
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.
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