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 & 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.

Property Features

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