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For sale
  • $1,200,000

    62 Buchanan Place, Bronx, NY 10453

    10beds
    3,000sqft
    Duplex, Multi Family
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $400/sqft
    $-- HOA

    What's special

    Turn-Key 2-Family Investment Opportunity in University Heights – Fully Renovated & Cash-Flowing Welcome to 62 Buchanan Place, a beautifully renovated 2-family brick home with R7B zoning, located in the thriving University Heights section of the Bronx. This is a prime opportunity for both investors and end-users seeking strong rental income and future development potential. The entire property has been fully renovated from top to bottom, featuring modern finishes, updated systems, and thoughtful layouts throughout. Property Breakdown: First Floor: A spacious 3-bedroom, 1-bath apartment with an open-concept layout currently operated as a daycare business. Tenant pays $3,600 cash, not on a lease, offering flexibility for new ownership. Second Floor Duplex: A sleek and modern 4-bedroom, 1-bathroom duplex apartment featuring open-concept living/dining space and contemporary finishes. Section 8 HPD tenant in place, generating $3,800/month. Ground Floor (Basement): A well-maintained 3-bedroom, 1-bathroom unit currently occupied by a cash-paying tenant at $2,600/month. With a total monthly income of $10,000, this property is not only fully renovated but also fully occupied, making it an ideal turn-key investment. Zoned R7B, it also holds potential for future development or expansion. Located close to public transportation, schools, parks, and major roadways, this property blends immediate cash flow with long-term upside. Don’t miss out on this rare Bronx multi-family gem—schedule your private tour today!
    72 days
    on Zillow
    |
    182
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 18, 2025 at 12:27pm

    Listing by:

    Keller Williams Realty Group 914-713-3270,

    Jampa Nyandak 929-291-9133

    Source: OneKey® MLS,MLS#: 876454MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 62 Buchanan Place.

    Next available tour time:Today at 6pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Central Air
    Features
    • First Floor Bedroom, First Floor Full Bath, Open Floorplan
    • Flooring: Hardwood, Vinyl
    • Basement: Finished,Full,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Lot
    • Size: 2,442 Square Feet
    Details
    • Parcel number: 032080013
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: A-Frame
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Advanced Framing Technique, Vinyl Siding
    Condition
    • Year built: 1901

    Utilities & green energy

    • Gas: Separate Gas Meters: 2
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & HOA

    Location
    • Region: Bronx

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $36,600
    • Annual tax amount: $3,778
    • Date on market: 6/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: Electricity, Gas, Heat
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