Primary listing photo
Listing photo 2
Listing photo 3

924 Rev James Polite Avenue, Bronx, NY, 10459

5beds
5baths
--sqft
$1,551,000
--price/sqft
$9,647/moest. monthly cost
$385,880/yrincome needed

About This Home

Excellent mixed-use investment opportunity in the South Bronx. This fully occupied property features three residential units and one commercial space, offering strong and consistent income. Based on current rents, the property generates approximately $12,500/month ($155,000 annually), with an estimated NOI of ~$122,289. This supports an approximate 7.5% return at current pricing, with additional upside potential from on-site advertising income. Ideal for investors seeking a turnkey asset with multiple income streams and long-term growth. Low operating expenses, including a favorable tax structure, further enhance the overall return profile. Conveniently located near transportation, shopping, and major thoroughfares, making it attractive for both residential and commercial tenants. All income, expense, and return figures are approximate and should be independently verified.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
69
BikeBikeable

Schools

5/10
Ps 150 Charles James FoxGrades PK-50.4 mi
4/10
Accion AcademyGrades 6-80.2 mi

Construction

Condition

  • Year built: 2005

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • First Floor Bedroom

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Wall/Window Unit(s)

Property

Details

  • Parcel number: 026980080
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,190 sqft

Parking

  • Parking features: None