# 715 E 214th Street, Bronx, NY 10467 > **TL;DR:** commercial, $6,600,000, built 2013. > A/C. Est. $35,298/mo. Listed 8 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $6,600,000 | | Year Built | 2013 | | Lot Size | 6,251 sqft (0.14 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 8 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $33,373 | | Estimated Insurance | $1,925 | | **Total** | **$35,298** | ## Key Amenities - A/C ## Property Highlights - Built in 2013 - 0.14 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 715 E 214th Street, Bronx, NY 10467 - **County:** Bronx County - **Coordinates:** 40.879663, -73.864004 - **Google Maps:** https://www.google.com/maps?q=40.879663,-73.864004 ## Listing Agent - **Name:** Valon Nikci - **Brokerage:** Link NY Realty - **Phone:** 6463219428 - **Broker Phone:** (646) 321-9428 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/MLSLINY/1047865/?channel=propsimple) ## Photos ![715 E 214th Street - Photo 1](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f2234354105r.jpg) ![715 E 214th Street - Photo 2](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f2239717796r.jpg) ![715 E 214th Street - Photo 3](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f3987992640r.jpg) ![715 E 214th Street - Photo 4](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f4194535294r.jpg) ![715 E 214th Street - Photo 5](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f1802952556r.jpg) ![715 E 214th Street - Photo 6](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f1454886148r.jpg) ![715 E 214th Street - Photo 7](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f2627052829r.jpg) ![715 E 214th Street - Photo 8](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f2754066369r.jpg) ![715 E 214th Street - Photo 9](http://lh.rdcpix.com/e2c5b7dd43839db3d971ba96f0827a91l-f3716638310r.jpg) --- **MLS#:** 1047865 | **Updated:** 2026-09-08 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/715-e-214th-street-bronx-ny-10467-1047865) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/715-e-214th-street-bronx-ny-10467-1047865#listing", "url": "https://www.propertysimple.ai/listing/715-e-214th-street-bronx-ny-10467-1047865", "name": "715 E 214th Street, Bronx, NY 10467", "description": "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. 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