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Three-Family Building with Finished Basement
For Sale
$759,000
Pending

940 Rev James A Polite Ave, Bronx, NY 10459

Three residential units are complemented by a finished basement and separate sub-basement space.

Property Size774 SF
Lot Size0.03 Acres
Days on Market28

Property Features for 940 Rev James A Polite Ave

General Information

Standard status Pending
Size 774 SF
Lot size 0.03 Acres
Property subtype Residential Income
Zoning R7-1

Units

Unit Mix 1 x 2BR, 2 x 3BR
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $14,765
Listing Agency: NY Champions Realty Group
Listed By: Jennie Leung
Source: Exprealty
Added: Sep 15 Changed: Oct 10 Last Checked: Oct 11 at 7:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NY Champions Realty Group

Investment Insights

Based on property information with market context.

This attached three-family property has one two-bedroom apartment and two three-bedroom apartments. A finished above-ground basement and a sub-basement provide additional space. The building is in good condition and measures 18 by 43 feet on an 18-by-80-foot lot. Four electrical meters and four gas meters serve the property.

The building is in the Longwood section of the Bronx, three blocks from the Interval Avenue stop for the 2 and 5 trains. The property is zoned R7-1.

Key Highlights

  • Three apartments: one 2‑bedroom unit and two 3‑bedroom units
  • Finished above‑ground basement and sub‑basement
  • Building measures 18 by 43 feet on an 18‑by‑80‑foot lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Dental Office Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,015
Businesses Nearby

Demographics for 10459, NY

50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units are complemented by a finished basement and separate sub-basement space.
Where is this triplex located?
The property is located at 940 Rev James A Polite Ave Bronx, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Three apartments: one 2‑bedroom unit and two 3‑bedroom units; Finished above‑ground basement and sub‑basement; Building measures 18 by 43 feet on an 18‑by‑80‑foot lot
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