62 Buchanan Place, Bronx, NY 10453
Local realty services provided by:ERA Top Service Realty
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:105 day(s) ago
- Updated:September 25, 2025 at 01:28 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)
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