$1,551,000
924 Rev James A Polite Ave
Bronx, NY 10459
This 5-bedroom multi-family property is located in Bronx, NY. It was built in 2005 and is currently active.
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.
Facts & details
- Property type
- Multi-Family
- Year built
- 2005
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 5
- Lot size
- 2,191 sq ft
Location
Listing agent
Brokerage on file
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Estimated affordability
- Principal & interest
- $7,843
- Property tax
- $1,551
- Homeowners insurance
- $452.00
- Total monthly estimate
- $9,846
Estimate only — not a loan offer. Actual payment depends on your credit, lender, and local tax rates.