1961 Wallace Ave Bronx, NY 10462
Van Nest NeighborhoodEstimated payment $5,366/month
Highlights
- Deck
- Granite Countertops
- Recessed Lighting
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
About This Home
Introducing the perfect multi-family investment opportunity offering 3,216 sq. ft. of finished space. The finished walkout basement is 1,032 sq. ft. With 4 bedrooms and 3 bathrooms, this residence provides ample room for versatile living! Enjoy the elegance of hardwood floors and recessed lighting throughout. The kitchen features essential appliances, including a dishwasher, gas stove, and refrigerator. Step outside to a charming deck and back yard, ideal for relaxation and entertaining. The finished walkout basement has a guest room/office, recreational room, full bathroom, and summer kitchen making it your ideal entertainment area. The backyard is accessible from the 1st floor unit or the basement. Additional notes: 1 storage shed, efficient baseboard heating, wall units for cooling, and the convenience of a washer and dryer. Street parking is available for added accessibility. There are 3 electric meters, 2 gas meters, 2 boilers, and 2 hot water heaters. Seize the opportunity to own this terrific investment home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,120
Year Built
- Built in 1905
Parking
- On-Street Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,112 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Wood Flooring
Kitchen
- Gas Cooktop
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Baseboard Heating
Additional Features
- Deck
- Lot Dimensions are 25.000000x95.000000
Community Details
- 2 Units
- Van Nest Subdivision
Listing and Financial Details
- Legal Lot and Block 38 / 04260
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,491 | $34,255 | $5,834 | $28,421 |
| 2025 | $6,131 | $32,316 | $4,928 | $27,388 |
| 2024 | $6,131 | $30,524 | $5,010 | $25,514 |
| 2023 | $6,199 | $30,524 | $5,118 | $25,406 |
| 2022 | $5,922 | $45,660 | $8,400 | $37,260 |
| 2021 | $6,008 | $44,580 | $8,400 | $36,180 |
| 2020 | $5,700 | $40,500 | $8,400 | $32,100 |
| 2019 | $5,321 | $32,640 | $8,400 | $24,240 |
| 2018 | $5,185 | $25,437 | $7,529 | $17,908 |
| 2017 | $5,039 | $24,720 | $8,400 | $16,320 |
| 2016 | $4,755 | $23,788 | $6,867 | $16,921 |
| 2015 | $2,647 | $22,442 | $7,497 | $14,945 |
| 2014 | $2,647 | $21,198 | $7,516 | $13,682 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $899,000 | -- | $426 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $890,000 | Commonwealth Land Title Insura | |
| Deed | $5,500 | -- | |
| Deed | $644,800 | -- | |
| Deed | $540,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $712,000 | New Conventional | |
| Closed | $84,973 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $515,800 | Purchase Money Mortgage | |
| Closed | $129,000 | No Value Available | |
| Closed | $108,000 | No Value Available | |
| Closed | $432,000 | No Value Available | |
| Closed | $101,100 | No Value Available | |
| Closed | $101,100 | Unknown |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20008497
APN: 04260-0038
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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