Nassau County  »  11580  »  Wallace CT  »  1 Wallace CT

1 Wallace Court, Valley Stream, NY 11580 - Property report

Also known as: 1 Wallace CT

Property image for 1 Wallace Court, Valley Stream, NY 11580
static Mapbox map

Property type

Over 6 Family Apartments (411.12)

Year built

2023

Acreage

0.503

Sale price

$7,150,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1 Wallace Court
ZIP code
11580
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Valley Stream
Parcel ID
37-33601-9

Owner

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Building
Property type
Over 6 Family Apartments (411.12)
Building sq. ft.
10,772
Buildings on lot
2
Stories
1
Year built
2023
Sales
Sale date
06/27/2023
Sale price
$7,150,000
Arm's length
Tax
Tax year
2026
Current property tax
$181,928
Tax class
Zoning & Use
Zoning
Capitalization rate
Area type
Apartment/Condo complex
Lot
Acreage
0.503
Topography
Level
Land
Primary site

Area overview

Walk score
90 /100.  Very Walkable
Transit score
60 /100.  Good Transit
Bike score
51 /100.  Bikeable
School district
1024
Street
Paved
Traffic
Light

View more such as transportation, nearby schools and risk designations.

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
10,772 Apartments - garden C 2023 1
10,772 Apartments - garden C 2023 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
01-01 3,904 Parking garage
01-01 3,904 Parking garage
02-02 5,386 Apartment Central
02-02 5,386 Apartment Central
03-03 5,386 Apartment Central
03-03 5,386 Apartment Central

Ownership information for 1 Wallace Court, Valley Stream, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 Wallace Court, Valley Stream, NY 11580

Sale date Sale price Buyer name Seller name
06/27/2023 $7,150,000 XXXXXXXXX XXXXXXX XXX X/X XXXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX
07/27/2016 $700,000 XXXXXX XXXXXXXXXXX XXX XXXXX XXXXXX & XXXXXXXXX

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
08/03/2023 - R Other
(Mortgage agreement)
XXXXXXXXX XXXXXXX XXX XXXX XXXXXXXXX XXXX
08/03/2023 - R Assignment
(Assign mortgage)
XXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX
08/03/2023 - R Other
(Mortgage agreement)
XXX XXXXXXX XXX X XXX XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX
08/03/2023 - R
06/27/2023 - D
Deed
(Deed commercial/vacant land)
XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXX
08/03/2023 - R
06/27/2023 - D
Mortgage
(First mortgage, consolidation, extension and modification agreement)
XXXXXXXXX XXXXXXX XXX XXXX XXXXXXXXX XXXX
09/22/2021 - R Other
(Mortgage agreement)
XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXX XXX X XXX
09/03/2021 - R Other
(Mortgage satisfaction)
XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX
09/03/2021 - R
06/10/2021 - D
Deed XXXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX
07/20/2021 - R
06/10/2021 - D
Mortgage
(Building loans)
XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXX XXX X XXX
09/22/2021 - R
06/10/2021 - D
Mortgage
(Multifamily construction loan mortgage, assignment of rents, security agreement and fixture filing (new york))
XXXXXXXX XXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXX XXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 Wallace Court, Valley Stream, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Current property tax
$181,928
Tax class
Base tax
$199,512
Recent tax assessments
Market value
$2,217,000
Assessed value
$22,170
Transitional assessed value

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2026 $2,217,000 $22,170 899.921 $199,512 +3300.81%
2025 $285,000 $285 2058.462 $5,867 -7.59%
2024 $285,000 $285 2227.595 $6,349 -12.38%
2023 $302,000 $302 2399.187 $7,246 -4.56%
2022 $285,000 $285 2663.886 $7,592 -58.11%
2021 $584,000 $584 3103.556 $18,125 +108.80%
2020 $259,600 $649 1337.487 $8,680 +6.47%
2019 $259,600 $649 1256.191 $8,153 +6.05%
2018 $259,600 $649 1184.566 $7,688 +4.55%
2017 $259,600 $649 1133.001 $7,353 -10.43%

Permit information for 1 Wallace Court, Valley Stream, NY

No recently recorded permits for this property.

Valley Stream residential market stats

Access a detailed real estate market overview of Valley Stream so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Valley Stream and compare it to other neighborhoods in Nassau.

Median sale price

$767,500

14.6% Y-o-Y

Median price/sq. ft.

$477

-0.2% Y-o-Y

Nassau county median sale price

$800,000

5.3% Y-o-Y

Check out recently sold homes in Valley Stream and see how their prices compare.

Demographics by ZIP code

Total population
43,092
Median age
41.8
Average household income
$158,090
Family households
78.5%
People per household (average)
3.34
Occupied housing units
12,860
Owner-occupied units
82.9%
Median year structure built
1953
Median value mortgaged units
$627,100
Median value unmortgaged units
$597,200

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE

Transportation

Daily traffic map

Access the detailed traffic volume map for 1 Wallace Court, Valley Stream, NY 11580 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1 Wallace Court, Valley Stream, NY 11580?

The development at 1 Wallace Court, Valley Stream, NY 11580 was built in 2023.

What is the total square footage of 1 Wallace Court, Valley Stream, NY 11580?

1 Wallace Court, Valley Stream, NY 11580 has a total of 10,772 square feet.

When was 1 Wallace Court, Valley Stream, NY 11580 last sold and what was the sale price?

1 Wallace Court, Valley Stream, NY 11580 was last sold on 06/27/2023 for $7,150,000.

What is the assessed value of 1 Wallace Court, Valley Stream, NY 11580?

1 Wallace Court, Valley Stream, NY 11580 is currently assessed at $22,170.

What are the property taxes for 1 Wallace Court, Valley Stream, NY 11580?

The property taxes for 1 Wallace Court, Valley Stream, NY 11580 total $199,512.

How many residential units does this building have?

This building has 12 residential unit(s).

Disclaimer

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