924 Rev James Polite Avenue • Bronx, NY 10459

$1,551,000 Beds: 5 • Baths: 5 full • Sq. Feet: 0 • MLS ID: 982360 • Subdivision:School Dist: Bronx 12
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. View this listing at: http://gavinpike.laffey.com/mls=982360

Property Features

  • Taxes: $1,547
  • Exterior: Brick
  • Lot Size: 0.05 Acres
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Year Built: 2005
  • Water: Public
  • Sewer: Public Sewer
  • Units: 4
  • On Market Date: 2026-04-09
  • Interior Features: First Floor Bedroom
  • Parcel Number: 02698-0080
  • Parking Features: None
  • Property Attached Y/N: 1
  • Rental Term: Monthly
  • Utilities: Electricity Connected,Natural Gas Connected,Water Connected

School Information

  • High School: Metropolitan High School (The)
  • Middle School: School Of Performing Arts
  • Elementary School: Urban Scholars Community School
  • School District: Bronx 12
Printed April 17, 2026


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