924 Rev James Polite AVE, Bronx, NY 10459
924 Rev James Polite AVE, Bronx, NY 10459
924 Rev James Polite AVE, Bronx, NY 10459
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$1,551,000
Est. payment /mo
5 Beds
5 Baths
2,191 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 982360

Bedrooms 5

Full Baths 5

Rental Info No

Year Built 2005

Annual Tax Amount $1,547

Lot Size 2,191 Sqft

Acres 0.0503

Property Sub-Type Triplex

Source onekey2

Property 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.

Location

State NY

County Bronx County

Interior

Interior Features First Floor Bedroom

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Urban Scholars Community School

Middle Schools School Of Performing Arts

High Schools Bronx 12

School District Bronx 12

Others

Senior Community No

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by EXP Realty • William Astudillo

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY, 10603-1937, USA

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924 Rev James Polite AVE