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$400,000
Est. payment /mo
1,102 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Foxhurst
MLS Listing ID 1035113
Rental Info No
Year Built 1910
Annual Tax Amount $3,807
Lot Size 1,102 Sqft
Acres 0.0253
Property Sub-Type Business
Source onekey2
Property 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 & 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.
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.
Location
State NY
County Bronx County
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available Trash Collection Public
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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Listed by WW Realty Group Inc • Eyal Sagi
Nearby School & Business
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