62 Buchanan Place
Bronx, NY 10453
Map
- 10 beds
- 4 baths
- 3,000 sqft
- 2,442 sqft lot
- $400 per sqft
- 1901 build
- – on site
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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 18, 2025
•
MLS# 876454 —
The Building
-
Year Built:1901
-
Basement:true
-
Architectural Style:A-Frame
-
Construction Materials:Advanced Framing Technique, Vinyl Siding
-
# of Total Units:3
-
Building Area Units:Square Feet
-
Building Area Total:3000
-
Building Area Source:Other
Interior
-
Interior Features:First Floor Bedroom, First Floor Full Bath, High Ceilings, Open Floorplan
-
Fireplace:false
-
Flooring:Hardwood, Vinyl
Financial & Terms
-
Tenant Pays:Electricity, Gas, Heat
The Property
-
Lot Size Acres:0.0561
-
Parcel Number:03208-0013
-
Property Type:Residential Income
-
Property Subtype:Duplex
-
Lot Size SqFt:2,442 Sqft
-
Property Attached:true
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (929) 291-9133
- Office phone:
- (914) 713-3270
Taxes
-
Tax Year:2024
-
Tax Source:Municipality
-
Tax Annual Amount:3778
Beds
-
Total Bedrooms:10
Baths
-
Full Baths:4
-
Total Baths:4
The Listing
-
Special Listing Conditions:None
Heating & Cooling
-
Heating:Baseboard
-
Cooling:Central Air
-
# of Heat Units:2
Utilities
-
Sewer:Public Sewer
-
Utilities:See Remarks
-
Water Source:Public
-
Electric Company:Con Edison
-
# of Separate Gas Meters:2
-
# of Separate Electric Meters:3
The Community
-
Senior Community:false
-
Pool Private:false
-
Spa:false
Parking
-
Garage:false
-
Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/11/25
Jun 11, 2025
|
Listed / Active | ONEKEY | $1,200,000 | 100.0% (45.7% / YR) |
|
4/4/23
Apr 4, 2023
|
ONEKEY | $600,000 |
