RealtyLens
for saleRealtyLens property overview
$1,551,000

924 Rev James A Polite Ave

Bronx, NY, 10459
View more Bronx, NY property pages
5Beds
5Baths
N/ASqft
N/A$/sqft

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

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby median$589/sqft
Nearby properties10
Property sizeN/A
  • 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

Per month, all-in$10,194/mo

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

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position10 nearby signals

Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessNeeds verification
Assistant read

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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

Rental PropertyInvestment OpportunityDenShopping

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

May 4, 2026Initial record
$1,551,000for sale

Public Records

DOB violations3 open

3 total recorded against the building

HPD violations21 open

3 class C (immediately hazardous)

ACRIS documents19

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)27,760

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.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.