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NYC Building Records · BBL 2040400019

1656 WALLACE AVENUE

Bronx · Block 4040 · Lot 19 · Two-family frame (Class B2)

1656 WALLACE AVENUE is a Class B2 (two-family frame) building in Bronx (BBL 2040400019) built in 1901, with 2 residential units across 2 floors.

The building is in NYC community district 211, council district 13, zoning district R5, on a 2,375-square-foot lot with a building footprint of 2,119 square feet.

The current registered owner of record per NYC PLUTO is 1656 WALLACE LLC.

The most recent ACRIS deed transfer for this BBL was recorded on May 18, 2023 when BABAR, SHIBA conveyed the property to 1656 WALLACE LLC for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

1656 WALLACE LLC
HPD-registered head officer: SHIBA BABAR

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerSHIBA BABAR
  • Corporate Owner1656 WALLACE LLC
  • Managing AgentMi Casa 2 Realty Management

Most recent deed

Last transferred on May 18, 2023 to 1656 WALLACE LLC.
Previous owner: BABAR, SHIBA
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 3)

DateTypeAmountParties
May 18, 2023DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Sep 22, 2021MTGE$624KParties redacted — full names in MetroDeeds Scout+
Sep 22, 2021DEED$780KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 3 redacted buyer/seller names above →

Building stats

Units
2
Year built
1901
Class
B2
Borough
Bronx
Zoning:
R5
Lot size:
2,375 sqft
Building area:
2,119 sqft
Floors:
2
Assessed value:
$48K
Community district:
211
Council district:
13

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

3 documents in the last 5 years (most recent May 18, 2023).

Frequently asked questions about 1656 WALLACE AVENUE

Who owns 1656 WALLACE AVENUE?

The current registered owner of record for 1656 WALLACE AVENUE per NYC PLUTO is 1656 WALLACE LLC. The most recent ACRIS deed transfer for this BBL was recorded on May 18, 2023 when the property was conveyed to 1656 WALLACE LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 1656 WALLACE AVENUE last sold?

The most recent ACRIS deed transfer for 1656 WALLACE AVENUE was recorded on May 18, 2023, when BABAR, SHIBA conveyed the property to 1656 WALLACE LLC for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 1656 WALLACE AVENUE have?

No open HPD housing-maintenance code violations are on record for 1656 WALLACE AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 1656 WALLACE AVENUE?

NYC Department of Finance assesses 1656 WALLACE AVENUE at $48K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 1656 WALLACE AVENUE and what does that mean?

1656 WALLACE AVENUE is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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