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
Walker's Paradise
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bronx County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,842 | $94,104 |
| Home Insurance * | $551 | $6,612 |
| Property Taxes | $1,008 | $12,096 |
| Electricity | $246 | $2,954 |
| Total | $9,647 | $115,764 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $1,551,000 |
| 2007-01-19 | Sold | $650,000 |
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