1940 WALLACE AVENUE
1940 WALLACE AVENUE is a Class B1 (two-family brick) building in Bronx (BBL 2042610018) built in 1970, with 2 residential units across 2 floors.
The building is in NYC community district 211, council district 13, zoning district R5, on a 1,916-square-foot lot with a building footprint of 2,000 square feet.
The current registered owner of record per NYC PLUTO is ALSAIDI, AHMED ABDO.
The most recent ACRIS deed transfer for this BBL was recorded on October 31, 2025 when ALSAIDI, IBRAHIM A conveyed the property to ALSAIDI, AHMED ABDO for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
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 4)
Building stats
- Zoning:
- R5
- Lot size:
- 1,916 sqft
- Building area:
- 2,000 sqft
- Floors:
- 2
- Assessed value:
- $44K
- Community district:
- 211
- Council district:
- 13
HPD violations
Recent HPD violation details
- Class IInspected Feb 8, 2019§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class BInspected Feb 6, 2019§ 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK ABOVE THE CEILING IN THE KITCHEN LOCATED AT APT 2FL, 2nd STORY, APARTMENT AT…
- Class AInspected Feb 6, 2019§ 27-2013 ADMIN. CODE: PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT PUBLIC HALL, 2nd STORY
- Class CInspected Feb 6, 2019§ 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE THE FIRE RETARDANT CEILING AT PUBLIC HALL, 2nd STORY
- Class BInspected Feb 6, 2019§ 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK ABOVE THE CEILING AT PUBLIC HALL, 2nd STORY
Recent ACRIS activity
Frequently asked questions about 1940 WALLACE AVENUE
Who owns 1940 WALLACE AVENUE?
The current registered owner of record for 1940 WALLACE AVENUE per NYC PLUTO is ALSAIDI, AHMED ABDO. The most recent ACRIS deed transfer for this BBL was recorded on October 31, 2025 when the property was conveyed to ALSAIDI, AHMED ABDO. 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 1940 WALLACE AVENUE last sold?
The most recent ACRIS deed transfer for 1940 WALLACE AVENUE was recorded on October 31, 2025, when ALSAIDI, IBRAHIM A conveyed the property to ALSAIDI, AHMED ABDO for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 1940 WALLACE AVENUE have?
No open HPD housing-maintenance code violations are on record for 1940 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 1940 WALLACE AVENUE?
NYC Department of Finance assesses 1940 WALLACE AVENUE at $44K 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 1940 WALLACE AVENUE and what does that mean?
1940 WALLACE AVENUE is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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.