Property photo 1
Property photo 2
5 Beds
5 Baths

$1,551,000

924 Rev James Polite Avenue, Bronx NY, 10459

Price per sqftN/A
Built in2005
Property typeMulti-family
Courtesy of EXP Realty, William Astudillo Listing Contact: 888-276-0630

Overview

Active

Listed Apr 9, 2026

Updated Aug 21

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.

$10,319/mo

Est. mortgage payment based on a $1,551,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
982360

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$1,547
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Westchester Realty Consultants shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:37 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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