Address
924 Rev James Polite Avenue, Bronx, NY
Price
$ 1,551,000
Property Attributes
- MLS#982360
- TypeMulti-Family
- Listing Status Active
- CountyBRONX
- CityBronx
- Zip10459
- StyleTriplex
- Year Built2005
- Taxes$ 1547
- Price$ 1,551,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2190
- Lot Size0.0503 Acres
Data Source:
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Urban Scholars Community School Elementary School | School Of Performing Arts Middle School | Metropolitan High School (The) |
| Price History | |
|---|---|
| 4/9/2026 | Listed $1,551,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected,Natural Gas Connected,Water Connected |
| Construction Materials | Brick |
| Year Built | 2005 |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| Parcel Number | 02698-0080 |
| Gross Income | 150000 |
| County | Bronx County |
| Operating Expense | 27711 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Full Baths | 5 |
| High School | Metropolitan High School (The) |
| City | New York |
| Senior Community Y/N | No |
| High School District | Bronx 12 |
| Number Of Units Total | 4 |
| Carport Y/N | No |
| Elementary School | Urban Scholars Community School |
| Property Attached Y/N | Yes |
| Tax Annual Amount | 1547.44 |
| Middle/Junior High School | School Of Performing Arts |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Bronx 12 |
| Elementary School District | Bronx 12 |
| Tax Assessed Value | 582300 |
| Tax Lot | 80 |
| PostalCity | Bronx |
| AttributionContact | 888-276-0630 |
Interior Features
| Interior Amenities | First Floor Bedroom |
|---|---|
| Basement (Y/N) | No |
| Total Bedrooms | 5 |
| Total Baths | 5 |
| General Features | First Floor Bedroom |
Exterior Features
| Parking Features | None |
|---|---|
| Water Source | Public |
| Parking Features | None |
| Spa | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 10459
Price
Taxes
Year Built
Visits
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