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For SaleLuxury

$1,551,000

193 days on market

924 Rev James Polite Avenue

Bronx, NY 10459

· 8% down, 7% APR, 30yr fixed

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.

Listing agent (MLS): William Astudillo · Listing brokerage (MLS): EXP Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of EXP Realty