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About the Listing WWRLGP - 67051
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 & Layout Configuration: 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 Highlights Parking 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 Location Strategically 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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,807
- Taxes w/Assessments: N/A
- Tax/Property ID: 02692-0001
- Tax Year: N/A
Payment Calculator
Monthly Payment
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1144 Rev James Polite Ave Bronx, NY 10459
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