715 E 214th St
715 E 214th St, Bronx, NY 10467
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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Link NY Realty
Building Details
- For Sale 6,660,000
- Property Type Multi-Family
- Property Size 24,302 SF
- Lot Size 0.14 Acre
- Cap Rate % 9.15
- Rental Income / YR $58,319.00
- Year Built 2013
- Date Updated Jun 22, 2026
Getting Around
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Walk Score ®
Very Walkable (90) -
Transit Score ®
Rider's Paradise (97) -
Bike Score ®
Very Bikeable (77)
Location
- City Bronx, NY
- Neighborhood Williamsbridge
- Zip Code 10467
- Market Bronx
Points of Interest
Norwood–205th Street
0.85 miles
Woodlawn
0.89 miles
233rd Street
1.00 miles
Mosholu Parkway
1.08 miles
Gun Hill Road
1.16 miles
Bedford Park Boulevard
1.29 miles
Bedford Park Blvd.
1.34 miles
Bedford park Blvd.
1.35 miles
Baychester Avenue & Tillotson Avenue (Exit only)
1.37 miles
BP
1.28 miles
Speedway
1.40 miles
Gulf
1.40 miles
171
1.42 miles
Sunoco
1.65 miles
Shell
1.73 miles
Delta
1.76 miles
Tesla Supercharger
2.17 miles
plugNYC
8.33 miles
Parking Area A
1.63 miles
Fordham Regional Parking Facility
1.70 miles
Bronx River Parking
1.91 miles
Broadway Parking Garage
1.95 miles
Jerome – 190th Street Municipal Parking Garage
2.21 miles
Southern Boulevard Parking
2.25 miles
Asia Parking
2.39 miles
NYPD Bronx Tow Pound
2.49 miles
Department of Sanitation District 6 Garage
2.86 miles
U-Haul
0.92 miles
Bedford Car Wash
1.40 miles
Enterprise
1.83 miles
Cross County Car Wash
3.09 miles
Truck Leasing
4.69 miles
Car Lease Inc New Rochelle
4.91 miles
LMC
4.98 miles
Larchmont Car Wash
6.00 miles
National
7.63 miles
Dream Station
0.29 miles
Agra Grill
0.34 miles
McDonald's
0.40 miles
El Club Valle Restaurant and Bar
0.47 miles
Nicky's Cafe
0.87 miles
Domino's Pizza
0.89 miles
Texas Chicken & Burgers
0.89 miles
Domino's
0.94 miles
El Valle Restaurant
0.94 miles
Food Town
0.18 miles
Foodverse Market
0.51 miles
Foodtown of Bainbridge
0.89 miles
Key Foods
0.97 miles
Palm Tree Marketplace
1.20 miles
Fine Fare Supermarket
1.23 miles
C-Town
1.24 miles
Fine Fair Supermarkets
1.26 miles
Burlington
1.87 miles
Rite Aid
0.37 miles
Children's Hospital at Montefiore
0.78 miles
Montefiore Medical Center West Campus Moses Division Hospital
0.83 miles
Jerome Avenue Gate House and Police Station
0.87 miles
Bainbridge Pharmacy
0.88 miles
CVS Pharmacy
0.90 miles
Leroy Pharmacy
0.90 miles
North Central Bronx Hospital
0.91 miles
New York Ladder Company 51
0.92 miles
715 E 214th St Listing Summary
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What is the asking price at 715 E 214th St?
The asking price for 715 E 214th St is currently available on demand. Contact the listing broker for details.
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What is the total size of 715 E 214th St?
715 E 214th St has a total of 24,302 square feet.
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What is the year built for 715 E 214th St?
The year built for 715 E 214th St is 2013.
Link NY Realty