# 61 Buchanan Place, The Bronx

Apartment building · 12 units · built 2023 · Block 3208, Lot 51.

On Umarelli: https://umarelli.org/nyc/2032080051/61-buchanan-place

More construction in Kingsbridge Heights and University Heights: https://umarelli.org/nyc/bronx/kingsbridge-heights-and-university-heights.md

## Building permits

- New Building — Multi-Family, filed Sep 13, 2022, estimated cost $1.4M, 12 units, 4 stories, described as “Application filed to construct a four story residential new building in conjunction with foundation X08002026.”
- Alteration, filed Nov 15, 2022, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed as per plans in conjunction with NB construction. No change in use, egress or occupancy. Sidewalk shed shall comply with 2014 NYC building code,chapter 33.”
- Alteration, filed Sep 13, 2022, estimated cost $80K, described as “Application filed for new foundation/ earthwork. Application filed in conjunction with NB#X07995097.”
- Alteration, filed Sep 9, 2022, estimated cost $5K, described as “Application filed for construction fence as per plans here within. In conjuction with NB #X07995097.”

## Property taxes

- Assessment: $581,850
- 2026–27 tax: $65,982
- Market value (city estimate): $1,293,000
- Taxable value: $530,442
- Assessed land: $75,600
- Assessed improvements: $506,250

## Zoning

R7-1: floor area ratio 3.01 built, 3.44 allowed by base zoning.

## Recent sales

- Jul 21, 2022: $510,000
- May 18, 2018: $20,400

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 61 Buchanan Place in University Heights, The Bronx](https://newyorkyimby.com/2022/09/permits-filed-for-61-buchanan-place-in-university-heights-the-bronx.html), New York YIMBY, Sep 17, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology