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62 Buchanan Place, 
Bronx, NY 10453

$1,200,000


10

Beds


3

Baths


1,733

Sq Ft


Multi-Family

Active

Listed by

Jampa Nyandak

Keller Williams Realty Group

Last updated:

June 12, 2025, 11:39 AM

MLS#

876454

Source:

One Key MLS

About This Home

62 Buchanan Place

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!

Home Facts

Multi-Family

3 Baths

10 Bedrooms

Built in 1901

Price Summary

1,200,000

$692 per Sq. Ft.

MLS #:

876454

Last Updated:

June 12, 2025, 11:39 AM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Building Area:

1,733 Sq. Ft.

Year Built:

1901


Lot

Lot Size (Sq. Ft):

2,442


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$692 per Sq. Ft.

Source:One Key MLS
Copyright 2025 OneKey MLS. All rights reserved. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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