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The Bronx / Pelham Parkway-Van Nest / 10462

2131 WALLACE AVENUE

Boro2
Block4291
Lot24
BBL2042910024
Class D7
Residential units
175
Units in total
187
Storeys
6
Year built
1929
Last alteration on file
1987
Recorded transfers
3 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
13 Dec 2012$23,000,000-APARTMENT BUILDINGDEED
16 Dec 2005$17,750,000-APARTMENT BUILDINGDEED
5 Jul 2005$17,800,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20121$23,000,000--
20052$17,775,000$17,750,000$17,800,000
02

The building on the lot

Section through the lot

LOT 47,000 SQ FT6
Drawn from PLUTO: 6 storeys, 178,126 sq ft of building on 47,000 sq ft of lot, an average floor plate covering 63% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
47,000 sq ft
Building area
178,126 sq ft
Residential area
163,126 sq ft
Commercial area
15,000 sq ft
Office area
-
Retail area
15,000 sq ft
Buildings on the lot
1
Built floor area ratio
3.79
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$528,750
Assessed total value
$5,395,050
Exempt value
$0
Assessed per residential unit
$30,829

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Pelham Parkway-Van Nest
ZIP code
10462
Community district
The Bronx 11
Council district
13
Coordinates
40.854054, -73.865294
05

Other buildings in Pelham Parkway-Van Nest

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
801 NEILL AVENUED323019522-
764 BRADY AVENUED4202193377$199k
2105 WALLACE AVENUED41911952182$158k
2075 WALLACE AVENUED4190193051$70k
2100 BRONX PARK EASTD115719292-
750 PELHAM PARKWAY SOUTHD113919282-
2160 MATTHEWS AVENUED113319641-
1980 UNIONPORT ROADC712819272-
2084 BRONX PARK EASTD110619290-
2070 BRONX PARK EASTD110419280-
2040 WHITE PLAINS ROADRM10020050-
2080 BARNES AVENUED496195186$185k

Every building on file in Pelham Parkway-Van Nest