New Listing1144 Rev James Polite Avenue,Bronx, NY 10459
Bronx, NY 10459
Description
Presenting a rare commercial parking garage asset situated on Rev James Polite Avenue in the heart of the Foxhurst section of the Bronx. Engineered for steady cash flow, low overhead, and high-demand urban utility, this property delivers approximately 750 square feet of interior space on a 1,101-square-foot lot. Property Features & LayoutConfiguration: A compact, highly functional commercial footprint well-suited for a variety of operational models. Operational Versatility: Ideal for traditional hourly parking, daily rentals, monthly leases, secure storage, fleet parking, or contractor space. Efficiency: Designed for low overhead maintenance while maintaining robust revenue potential relative to its footprint. Financial & Investment HighlightsParking Revenue: Secured parking spaces in this Bronx submarket typically command between $250 and $400 per month per vehicle depending on access, security, and demand. Alternative Commercial Use: Flexible-use or storage spaces in the area frequently lease at approximately $20 to $25 per square foot annually, translating to estimated monthly yields of $1,200 to $1,500+ based on setup. Strategy: A stable, income-generating asset offering reliable cash flow and strong long-term demand in a high-density urban market. Prime LocationStrategically positioned within a well-connected Bronx corridor with close proximity to major roadways, bus routes, and subway access points, ensuring consistent accessibility and strong occupancy demand from local residents, commuters, and small businesses. A rare commercial acquisition offering steady income potential, operational flexibility, and lasting urban utility in a prime Bronx location.
Details
| MLS # | 1046587 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 4 |
| Listing Provided By | WW Realty Group Inc | Eyal Sagi |
Features
| SQ Feet | 750 |
|---|---|
| Acreage | 0.03 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Other |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
Utilities
| Utilities | Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 3807 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10459 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10459) | |
Price: $400,000 low | high Med: $607,000 sqft: 750 low | high Med: 1,854 $ / sqft: $533 low | high Med: $345 On site: 4 low | high Med: 615.5 | |
Market Activity 10459
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10459 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10459) | |
Price: $400,000 low | high Med: $607,000 sqft: 750 low | high Med: 1,854 $ / sqft: $533 low | high Med: $345 On site: 4 low | high Med: 615.5 | |
