#867040, Listing office: Keller Williams Realty NYC Grp
Property details
About 62 Buchanan Pl
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!
Highlights
Home typeDuplex
HeatingBaseboard
StatusActive
CoolingCentral Air
BasementYes
Lot size0.0561 Acres
Year built1901
MLS #876454
Summary
- Full Bathrooms: 4
- Basement: Yes
- Flooring Type: Hardwood, Vinyl
- Interior: First Floor Bedroom, First Floor Full Bath, High Ceilings, Open Floorplan
- Total Bedroom Count: 10
- Private Pool: No
- Architectural Style: A-Frame
- Heating: Baseboard
- Cooling: Central Air
- List Price: $1,200,000
- Annual Tax Amount: $3,777
- Tax Year: 2024
- Year Built: 1901
- Lot Size: 0.0561 Acres
- MLS Number: 876454
- MLS Name: ONEKEY2
- Office Name: Keller Williams Realty Group
- Office Phone: (914) 713-3270
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/15/2025, 11:56:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 02, 2023 | Home Sold | $600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $18,810 | $3,777 |
| 2023 | $38,220 | $3,569 |
| 2021 | $27,960 | $3,332 |
| 2020 | $27,300 | $3,349 |
| 2018 | $14,808 | $2,847 |
| 2017 | $13,971 | $2,637 |
History based on county public records data.
Nearby schools
5
P.S. 91 Bronx
Public District KG-5
0.0 mi
•2220 Aqueduct Ave
8
Kipp Bronx Charter School II
Public Charter KG-2
0.2 mi
•2246 Jerome Ave
5
P.S. 291 Bronx
Public District KG-5
0.2 mi
•2195 Andrews Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,042. The most common annual income of people living in Bronx, NY is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
46%
<35k
45%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
32%
Single, with Kids
8%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Boston Market
Jack In The Box
What do the neighbors drive?
Dodge
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 62 Buchanan Pl
The listing price of 62 Buchanan Pl property is $1,200,000.
The property 62 Buchanan Pl is a multi located in Bronx, New York, 10453.
Active Listing: 62 Buchanan Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 62 Buchanan Pl are: P.S. 91 Bronx (GreatSchools Rating 5/10), Kipp Bronx Charter School II (GreatSchools Rating 8/10), P.S. 291 Bronx (GreatSchools Rating 5/10), I.S. 206 Ann Mersereau (GreatSchools Rating 5/10), Kipp Freedom Charter School (GreatSchools Rating 7/10), PS 15 Institute for Environmental Learning (GreatSchools Rating 5/10), Theatre Arts Production Company School (GreatSchools Rating 4/10), Young Women's Leadership School of the Bronx (GreatSchools Rating 7/10), Academy for Language and Technology (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,777 (source: MLS/based on county public records data).
The last sale was on May 2, 2023 for $600,000 (source: MLS/tax record).
The year of construction for 62 Buchanan Pl is 1901.
This home is located at 62 Buchanan Pl in Bronx, NY and zip code 10453 in the University Heights neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $1,200,000.
In June 2025, from all listings sold in Bronx, NY there were more than 33 sold above asking price, over 71 sold below and more than 40 were sold right at the asked price. Between May and June 2025, Bronx, NY real estate market has seen decrease in the number of listings by 2.3%. Listings spent 87 days on the market in June 2025, and had a median list price of $610,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.