New York City » 10462 » Wallace Ave » 1862 Wallace Ave

1862 Wallace Avenue, Bronx, NY 10462 - Property report

Also known as: 1862 Wallace Ave

Property image for 1862 Wallace Avenue, Bronx, NY 10462

Property type

Three Families (C0)

Year built

1899

Lot sq. ft.

2,375

Sale price

$490,000

General information

Address

Primary address

1862 Wallace Avenue

ZIP code

10462

Neighborhood

Van Nest

Borough

Bronx

Block & lot

04053-0031

Building

Property type

Three Families (C0)

Building sq. ft.

2,997

Building dimensions

21 ft x 50 ft

Buildings on lot

Stories

Year built

1899

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

07/02/2015

Sale price

$490,000

Tax

Tax year

2026-2027

Property tax

$7,157

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

Rhinelander Avenue

Distance to wide street

Lot dimensions

25 ft x 95 ft

Lot sq. ft.

2,375

Area overview

Walk score

75 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.86 Miles

Closest fire station

0.17 Miles

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

Ownership

Ownership information for 1862 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 1862 Wallace Avenue, Bronx, NY 10462

Sale date	Sale price	Buyer name	Seller name
07/02/2015	$490,000	XXXXX, XXXXX	XXXXX, XXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/19/2024 - R 12/14/2023 - D	Deed (2024011700283001)	XXXXX XXXXX	XXXX XXXXXXX XXXXXX XXX
08/18/2015 - R 07/15/2015 - D	Satisfaction of Mortgage (2015081100587001)	XXXXX XXXX X	XXXXXXX XXX
07/28/2015 - R 07/15/2015 - D	Satisfaction of Mortgage (2015071500062001)	XXXXX XXXX X	XXX XXXX
01/15/2016 - R 07/02/2015 - D	Mortgage (2015121600731002)	XXXXX XXXXX	XXX XXXXXXXX X XXXXXXXXXX XXX XXXX XX
01/15/2016 - R 07/02/2015 - D	Deed (2015121600731001)	XXXXX XXXX X	XXXXX XXXXX
05/15/2008 - R 04/23/2008 - D	Assignment, Mortgage (2008050501389004)	XXXXX XXXX XXXXXXXX XXXXXXX XXX	XXXXXXX XXX
01/06/2005 - R 06/17/2004 - D	Mortgage (2004062501443001)	XXXXX XXXX X	XXXXXXXX XXXX XXXX
10/22/2003 - R	Mortgage (2003071600991001)	XXXXX XXXX X	XXXXX XXXX XXXXXXXX XXXXXXX XXX
08/25/2003 - R 07/23/2003 - D	Satisfaction of Mortgage (2003072302349001)
09/10/2002 - R	Assignment, Mortgage (2470008790047)	XXXXX XXXXXX XXXX XXX XXXXX XXXXXXX	XXXXXXXXXX XXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1862 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

$7,157

Municipal exemptions

Recent tax assessments

Market value

$850,000

Assessed value

$51,000

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	$940,000	$56,400	$35,832	19.843%	$7,110	$7,110	-1.09%
2024/25	$904,000	$54,240	$35,792	20.085%	$7,189	$7,189	+6.00%
2023/24	$871,000	$52,260	$33,767	20.085%	$6,782	$6,782	+4.83%
2022/23	$744,000	$44,640	$31,856	20.309%	$6,470	$6,470	+7.83%
2021/22	$774,000	$46,440	$30,058	19.963%	$6,000	$6,000	-4.52%
2020/21	$736,000	$44,160	$29,860	21.045%	$6,284	$6,284	-0.47%
2019/20	$593,000	$35,580	$29,827	21.167%	$6,313	$6,313	+7.26%
2018/19	$561,000	$33,660	$28,139	20.919%	$5,886	$5,886	+8.77%
2017/18	$456,000	$27,360	$26,547	20.385%	$5,412	$5,412	+15.20%
2016/17	$425,000	$25,500	$23,498	19.991%	$5,007	$4,697	+3.09%

Permits

Permit information for 1862 Wallace Avenue, Bronx, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/30/2026	A
	06/05/2025	A
	04/03/2024	A

*Most recent HPD violations on record 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)

0.251

View subway map

Access the detailed traffic volume map for 1862 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	0.28
Bronx Charter School For Excellence 2	9	No	Charter	K-7	461	0.12
Stem Bridge School (The)	8	No	Public	K-5	293	0.29
Icahn Charter School 2	9	No	Charter	K-8	331	0.36
P.S. Ms 498 Van Nest Academy	7	No	Public	K-8	599	0.36
P.S. 105 Senator Abraham Bernstein	5	No	Public	PK, K-5	692	0.37
P.S. 105 Senator Abraham Bernstein	5	No	Public	PK, K-5	692	0.37
St. Clare School	NR	No	Private	PK-8	493	0.44
St. Clare School	NR	No	Private	PK-8	493	0.44
Young Voices Academy-Bronx	6	No	Public	PK, K-5	369	0.46

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	0.28
Bronx Charter School For Excellence 2	9	No	Charter	K-7	461	0.12
Icahn Charter School 2	9	No	Charter	K-8	331	0.36
P.S. Ms 498 Van Nest Academy	7	No	Public	K-8	599	0.36
St. Clare School	NR	No	Private	PK-8	493	0.44
Iahd-St. Mary & St. Jude	NR	No	Private		0	0.55
St. Francis Xavier School	NR	No	Private	PK, K-8	0	0.62
St Anthony School	NR	No	Private	K-8	179	0.71
St Helena School	NR	No	Private	PK-8	300	0.75
Jhs 127 The Castle Hill	4	No	Public	6-8	815	0.84

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bronx High School For The Visual Arts	3	No	Public	9-12	421	0.28
Iahd-St. Mary & St. Jude	NR	No	Private		0	0.55
St Raymond Academy For Girls	NR	No	Private	9-12	330	0.72
Wings Academy	2	No	Public	9-12	257	0.73
St Raymond High School For Boys	NR	No	Private	9-12	453	0.75
St. Raymond Boys High School	NR	No	Private	9-12	0	0.87
Pelham Preparatory Academy	5	No	Public	9-12	458	0.87
Bronxdale High School	2	No	Public	9-12	373	0.87
Astor Collegiate Academy	4	No	Public	9-12	441	0.87
Collegiate Institute For Math And Science	5	No	Public	9-12	564	0.87

Nearby ZIP codes for 1862 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 1862 Wallace Avenue, Bronx, NY 10462?

The development at 1862 Wallace Avenue, Bronx, NY 10462 was built in 1899.

What is the total square footage of 1862 Wallace Avenue, Bronx, NY 10462?

1862 Wallace Avenue, Bronx, NY 10462 has a total of 2,997 square feet.

When was 1862 Wallace Avenue, Bronx, NY 10462 last sold and what was the sale price?

1862 Wallace Avenue, Bronx, NY 10462 was last sold on 07/02/2015 for $490,000.

What is the assessed value of 1862 Wallace Avenue, Bronx, NY 10462?

1862 Wallace Avenue, Bronx, NY 10462 is currently assessed at $51,000.

What are the property taxes for 1862 Wallace Avenue, Bronx, NY 10462?

The property taxes for 1862 Wallace Avenue, Bronx, NY 10462 total $7,157.

How many residential units does this building have?

This building has 3 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.