The listing facts are current enough for an initial property review.
924 Rev James A Polite Ave
Listing Notes
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.
Market Insights
Comparable price-per-square-foot data is still developing for this home.
- 10 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- Square footage is missing, so valuation should lean more heavily on comps and condition.
Estimated Monthly Payment
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$8,255
- Property tax (est.)$1,422
- Home insurance (est.)$517
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 33 days
- Last price change
- No change recorded
- Listed
- Apr 9, 2026
- Photos
- 4 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Building Facts
- Year built
- 2005
- Stories
- 3
- Total units
- 4
- Residential units
- 3
- Building area
- 9,570 sqft
- Lot size
- 2,191 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- S3
From NYC public records where available.
Price History
Public Records
3 total recorded against the building
3 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
Top: heat/hot water
Top complaint types in ZIP 10459
- HEAT/HOT WATER4,917
- Noise - Residential2,929
- UNSANITARY CONDITION2,195
- Noise - Street/Sidewalk1,724
- Illegal Parking1,678
Recent DOB
- Mar 23, 1995V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Aug 26, 1994VW-VIOLATION WORK WITHOUT PERMIT - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Aug 26, 1994V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- May 8, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 17, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 13, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 25, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- Jan 26, 2021DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.