New York City » 10462 » Wallace Ave » 1656 Wallace Ave

1656 Wallace Avenue, Bronx, NY 10462 - Property report

Also known as: 1656 Wallace Ave

Property image for 1656 Wallace Avenue, Bronx, NY 10462

Property type

Two Family Frame (B2)

Year built

1901

Lot sq. ft.

2,375

Sale price

$780,000

General information

Address

Primary address

1656 Wallace Avenue

ZIP code

10462

Neighborhood

Van Nest

Borough

Bronx

Block & lot

04040-0019

Building

Property type

Two Family Frame (B2)

Building sq. ft.

2,119

Building dimensions

21 ft x 48 ft

Buildings on lot

Stories

Year built

1901

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Sales

Sale date

09/22/2021

Sale price

$780,000

Tax

Tax year

2026-2027

Property tax

$6,399

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Wallace Avenue (narrow)

Nearest wide street

Morris Park Avenue

Distance to wide street

Lot dimensions

25 ft x 95 ft

Lot sq. ft.

2,375

Area overview

Walk score

87 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

68 /100. Bikeable

School district

Community district

Closest police station

0.91 Miles

Closest fire station

0.27 Miles

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

Ownership

Ownership information for 1656 Wallace Avenue, Bronx, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1656 Wallace Avenue, Bronx, NY 10462

Sale date	Sale price	Buyer name	Seller name
09/22/2021	$780,000	XXXXX, XXXXX	XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/30/2023 - R 05/18/2023 - D	Deed (2023053000474001)	XXXXX XXXXX	XXXX XXXXXXX XXX
10/25/2021 - R 10/13/2021 - D	Satisfaction of Mortgage (2021101900714001)	XXXXXXX XXXXXX	XXXXXXXX
10/12/2021 - R 09/22/2021 - D	Mortgage (2021100500137002)	XXXXX XXXXX	XXXX
10/12/2021 - R 09/22/2021 - D	Deed (2021100500137001)	XXXXXXX XXXXXX	XXXXX XXXXX
11/18/1993 - R	Agreement (2660000875766)	XXXXXXX XXXXXX	XXXXXXXX XX
11/18/1993 - R	Mortgage (2650000875765)	XXXXXXX XXXXXX	XXXXXXXX XX
04/11/1988 - R	Satisfaction of Mortgage (2070000714307)	XXXXXXX XXXXXX	XXXXXXXXX XXX
03/04/1988 - R	Mortgage (2550000710355)	XXXXXXX XXXXXX	XXXXXXXX XX
03/04/1988 - R	Deed (2540000710354)	XXXXXXX XXXXXXX	XXXXXXX XXXXXX
03/09/1971 - R	Mortgage (37120015101056)	XXXXXXX XXXXXX	XXXXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1656 Wallace Avenue, Bronx, NY

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

Current property tax

Tax year

2025-2026

Property tax

$6,399

Municipal exemptions

Recent tax assessments

Market value

$820,000

Assessed value

$49,200

More about New York City property taxes

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	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$793,000	$47,580	$31,999	19.843%	$6,350	$6,350	+4.71%
2024/25	$806,000	$48,360	$30,191	20.085%	$6,064	$6,064	+6.00%
2023/24	$697,000	$41,820	$28,483	20.085%	$5,721	$5,721	+4.82%
2022/23	$645,000	$38,700	$26,873	20.309%	$5,458	$5,458	+16.37%
2021/22	$571,000	$34,260	$23,493	19.963%	$5,365	$4,690	-4.71%
2020/21	$591,000	$35,460	$23,386	21.045%	$5,612	$4,922	-2.14%
2019/20	$545,000	$32,700	$23,759	21.167%	$5,325	$5,029	+7.92%
2018/19	$638,000	$38,280	$22,276	20.919%	$4,965	$4,660	+9.25%
2017/18	$585,000	$35,100	$20,924	20.385%	$4,565	$4,265	+2.36%
2016/17	$496,000	$29,760	$20,844	19.991%	$4,477	$4,167	+3.24%

Permits

Permit information for 1656 Wallace Avenue, Bronx, NY

Filing date	Job type	Job status	Job description	Initial cost
11/11/2024	Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

VanNest, Morris Park, Westchester Square residential market stats

Access a detailed real estate market overview of VanNest, Morris Park, Westchester Square so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in VanNest, Morris Park, Westchester Square and compare it to other neighborhoods in Bronx.

Median sale price

—

Median price/sq. ft.

—

Bronx median sale price

$352,500

13.7% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Birchall Ave & Sagamore St at SE Corner

Station lines

2-5

Distance (miles)

0.461

View subway map

Access the detailed traffic volume map for 1656 Wallace Avenue, Bronx, NY 10462 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 83 Donald Hertz	6	Yes	Public	K-8	1,562	0.42
Stem Bridge School (The)	8	No	Public	K-5	293	0.14
Bronx Charter School For Excellence 2	9	No	Charter	K-7	461	0.17
P.S. Ms 498 Van Nest Academy	7	No	Public	K-8	599	0.24
Icahn Charter School 2	9	No	Charter	K-8	331	0.24
Iahd-St. Mary & St. Jude	NR	No	Private		0	0.35
P.S. 536	5	No	Public	PK, K-5	271	0.45
P.S. 536	5	No	Public	PK, K-5	271	0.45
Bronx Little School	5	No	Public	PK, K-5	310	0.45
Bronx Little School	5	No	Public	PK, K-5	310	0.45

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 83 Donald Hertz	6	Yes	Public	K-8	1,562	0.42
Bronx Charter School For Excellence 2	9	No	Charter	K-7	461	0.17
P.S. Ms 498 Van Nest Academy	7	No	Public	K-8	599	0.24
Icahn Charter School 2	9	No	Charter	K-8	331	0.24
Iahd-St. Mary & St. Jude	NR	No	Private		0	0.35
St Helena School	NR	No	Private	PK-8	300	0.49
Santa Maria School	NR	No	Private	PK-8	407	0.49
St Raymond Elementary School	NR	No	Private	PK-8	752	0.49
St Anthony School	NR	No	Private	K-8	179	0.51
Jhs 127 The Castle Hill	4	No	Public	6-8	815	0.60

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Iahd-St. Mary & St. Jude	NR	No	Private		0	0.35
St Raymond High School For Boys	NR	No	Private	9-12	453	0.49
St Raymond Academy For Girls	NR	No	Private	9-12	330	0.52
Bronx High School For The Visual Arts	3	No	Public	9-12	421	0.55
St. Raymond Boys High School	NR	No	Private	9-12	0	0.62
Wings Academy	2	No	Public	9-12	257	0.69
Islamic Leadership School	NR	No	Private	1-10	89	0.75
P.S. 12 Lewis And Clark School	NR	No	Public	6-12	287	0.97
Mott Hall V	5	No	Public	6-12	667	1.12
The Cinema School	4	No	Public	9-12	359	1.12

Nearby ZIP codes for 1656 Wallace Avenue, Bronx, NY

10453, New York City, NY 10455, New York City, NY 10456, New York City, NY 10457, New York City, NY 10458, New York City, NY 10459, New York City, NY 10460, New York City, NY 10461, New York City, NY 10463, New York City, NY 10465, New York City, NY 10466, New York City, NY 10467, New York City, NY 10468, New York City, NY 10469, New York City, NY 10470, New York City, NY 10472, New York City, NY 10473, New York City, NY 10474, New York City, NY 11356, New York City, NY

Frequently asked questions

What is the year built for 1656 Wallace Avenue, Bronx, NY 10462?

The development at 1656 Wallace Avenue, Bronx, NY 10462 was built in 1901.

What is the total square footage of 1656 Wallace Avenue, Bronx, NY 10462?

1656 Wallace Avenue, Bronx, NY 10462 has a total of 2,119 square feet.

When was 1656 Wallace Avenue, Bronx, NY 10462 last sold and what was the sale price?

1656 Wallace Avenue, Bronx, NY 10462 was last sold on 09/22/2021 for $780,000.

What is the assessed value of 1656 Wallace Avenue, Bronx, NY 10462?

1656 Wallace Avenue, Bronx, NY 10462 is currently assessed at $49,200.

What are the property taxes for 1656 Wallace Avenue, Bronx, NY 10462?

The property taxes for 1656 Wallace Avenue, Bronx, NY 10462 total $6,398.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.