


924 Rev James Polite Avenue, Bronx, NY, 10459
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
Schools
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
