$1,551,000
924 Rev James Polite Avenue
Bronx, NY 10459
5
Beds
5
Baths
—
Square feet
2005
Built
Listing narrative
Description
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.
Property Details
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Price
$1,551,000
Beds
5 bd
Type
Multi-Family
Home Size
Sqft n/a
Baths
5
Lot Size
2,191 sqft
Year
2005
Status
For Sale
Days on Market
193
Courtesy of EXP Realty





