1861 WALLACE AVENUE
1861 WALLACE AVENUE is a Class B2 (two-family frame) building in Bronx (BBL 2040520045) built in 1899, 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 2,878 square feet.
The current registered owner of record per NYC PLUTO is BEGUM, JELLY.
The most recent ACRIS deed transfer for this BBL was recorded on December 10, 2021 when ORMSBY, MAE E conveyed the property to BEGUM, JELLY for $745K. The transaction was financed with a $596K mortgage from Mers.
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
Most recent deed
Recent ACRIS documents (last 3)
Building stats
- Zoning:
- R5
- Lot size:
- 2,375 sqft
- Building area:
- 2,878 sqft
- Floors:
- 2
- Assessed value:
- $47K
- Community district:
- 211
- Council district:
- 13
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 1861 WALLACE AVENUE
Who owns 1861 WALLACE AVENUE?
The current registered owner of record for 1861 WALLACE AVENUE per NYC PLUTO is BEGUM, JELLY. The most recent ACRIS deed transfer for this BBL was recorded on December 10, 2021 when the property was conveyed to BEGUM, JELLY. 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 1861 WALLACE AVENUE last sold?
The most recent ACRIS deed transfer for 1861 WALLACE AVENUE was recorded on December 10, 2021, when ORMSBY, MAE E conveyed the property to BEGUM, JELLY for $745K. The transaction was financed with a $596K mortgage from Mers.
How many HPD violations does 1861 WALLACE AVENUE have?
No open HPD housing-maintenance code violations are on record for 1861 WALLACE AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 1861 WALLACE AVENUE?
NYC Department of Finance assesses 1861 WALLACE AVENUE at $47K 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 1861 WALLACE AVENUE and what does that mean?
1861 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.