62 Buchanan Place, Bronx, NY 10453
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
62 Buchanan Place,Bronx, NY 10453
$1,200,000
- 10 Beds
- 4 Baths
- 3,000 sq. ft.
- Multi-family
- Active
Listed by: jampa nyandak
Office: keller williams realty group
MLS#:876454
Source:OneKey MLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$400
About this home
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!
Contact an agent
Home facts
- Year built:1901
- Listing ID #:876454
- Added:212 day(s) ago
- Updated:January 10, 2026 at 12:27 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard
Structure and exterior
- Year built:1901
- Building area:3,000 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$400
- Tax amount:$3,778 (2024)
New listings near 62 Buchanan Place
- Open Sat, 11am to 1pmNew
$999,888Active5 beds 3 baths2,200 sq. ft.1649 Lurting Avenue, Bronx, NY 10461
MLS# 947881Listed by: COMPASS GREATER NY, LLC - New
$818,000Active3 beds 2 baths1,160 sq. ft.2313 Ellis Avenue, Bronx, NY 10462
MLS# 950247Listed by: RC HOUSE SALES REALTY CORP. - Open Sun, 1 to 3pmNew
$1,095,000Active5 beds 3 baths1,728 sq. ft.2819 Coddington Avenue, Bronx, NY 10461
MLS# 950249Listed by: MAX IT REALTY - New
$825,000Active3 beds 2 baths1,468 sq. ft.2727 Palisade Avenue #8H, Bronx, NY 10463
MLS# 950187Listed by: DOUGLAS ELLIMAN REAL ESTATE - Coming Soon
$1,390,000Coming Soon6 beds 4 baths2832 Harding Avenue, Bronx, NY 10465
MLS# 950191Listed by: MORRIS PARK REALTY GROUP - New
$610,000Active3 beds 2 baths1,800 sq. ft.3530 Henry Hudson Parkway #1E, Bronx, NY 10463
MLS# 948183Listed by: BERKSHIRE HATHAWAY HS NY PROP - Coming Soon
$135,000Coming Soon-- beds 1 baths5645 Netherland Avenue #2F, Bronx, NY 10471
MLS# 950003Listed by: KELLER WILLIAMS REALTY GROUP - Open Sat, 1 to 2pmNew
$749,999Active3 beds 1 baths1,700 sq. ft.636 Throggs Neck Expressway, Bronx, NY 10465
MLS# 948550Listed by: DE LUCA REALTY GROUP INC - New
$173,500Active1 beds 1 baths750 sq. ft.2015 St Paul Avenue #3G, Bronx, NY 10461
MLS# 950088Listed by: LOCQUBE NEW YORK, INC. - New
$280,000Active1 beds 1 baths637 sq. ft.2053 Mcgraw Avenue #4E, Bronx, NY 10462
MLS# 950015Listed by: PROGRESS REALTY INC.