924 Rev James Polite Avenue, Bronx, NY 10459

Bronx
Local realty services provided by:ERA Insite Realty Services
924 Rev James Polite Avenue,Bronx, NY 10459
$1,551,000
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: william astudillo
Office: exp realty
MLS#:982360
Source:OneKey MLS

Price summary

  • Price:$1,551,000

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.

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Home facts

  • Year built:2005
  • Listing ID #:982360
  • Added:114 day(s) ago
  • Updated:August 02, 2026 at 11:11 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Bedroom Description:First Floor Bedroom

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:2005
  • Lot area:0.05 Acres
  • Construction Materials:Brick

Schools

  • High school:Metropolitan High School (The)
  • Middle school:School Of Performing Arts
  • Elementary school:Urban Scholars Community School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,551,000
  • Tax amount:$1,547 (2025)
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