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About This Home
This 0-bedroom, 0-bathroom residential multi family at 924 Rev James Polite Avenue in Bronx, NY is listed for $1,551,000. Built in 2005, on a 0.05 acres lot.
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.
Key Features
- Built in 2005
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,295/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
924 Rev James Polite Avenue
Bronx, NY 10459
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 924 Rev James Polite Avenue is listed at $1,551,000. The estimated monthly payment is $6,721 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.05 acre lot. Interior Features: First Floor Bedroom.
This property is listed by William Astudillo and can be reached at 9177839807 or williamarealtor@gmail.com.



