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1 Wallace Ct, Valley Stream, NY 11580 Property Records

Nassau County and Hempstead Town property record for 1 Wallace Ct, Valley Stream, NY 11580

Property Summary

Property TypeApartments (5+ Units)
Details6 bd · 4.5 ba · 50,896 sqft · built 2023
Lot Size0.503 acres (21,902 sqft)
OwnerCompany Name on File
Last Sale$7,150,000 (Aug 2023)
Tax Bill$5,866 (2025)
Deeds & MortgagesSep 2021 Mortgage
Aug 2023 Sale & Mortgage
+ 3 more
Flood ZoneZone X (moderate risk)
APN37-336-01-0009

Property Details

APN / Parcel Number

Primary APN37-336-01-0009
Alternative APNs
  • 2035-37-336-01-0009-0
  • 37336010009000000000
  • 282035 37.-33601-9
  • 373360100090

Interior

Bedrooms6 Beds
Full Baths4.5 Baths
Half Baths1 Half Bath
Total Rooms8 Rooms
Units12 Units
Stories1 Story
Building Area50,896 sqft Living Area
1st Floor Area29,352 sqft
Basement Area198 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2023
Effective Year BuiltEffective 2023
Architectural StyleCape Cod
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Roof MaterialOther
Lot Area21,902 sqft (0.503 acres)
Lot Dimensions146 ft deep x 150 ft wide
View / LotApt/Condo Complex
Garage Area322 sqft
PorchSlab
Porch Area117 sqft
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelOil
SewerMunicipal
Water SourceCommercial

Location & Zoning

Account Number373360100090
Street Address1 WALLACE CT
CityVALLEY STREAM
StateNY
Zip11580-5502
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionTOWN #1 SCH DIST 024
Legal Block33601
Legal Lot Number9
JurisdictionNASSAU NY
Township / Civil DivisionHEMPSTEAD
Census Block Group3
Census Block3004
Census Tract410500

Owner

Source: Nassau County and Hempstead Town records · APN 37-336-01-0009

Assessment roll updated June 17, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address538 BROADHOLLOW RD, MELVILLE, NY 11747-3676
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Sep 22, 2021Deed of Trust, Mortgage · Commercial Mortgage
CPC FUNDING SPE 1 LLC
Aug 03, 2023Bargain and Sale Deed, Transfer · Stand-Alone First Mortgage
THE DIME SAVINGS BANK WILLIAMSBURGH
Sep 03, 2021Warranty Deed, Transfer
E-CHICAGO TITLE, CHICAGO TITLE
Sep 03, 2021Warranty Deed, Transfer · Commercial Mortgage
CPC FUNDING SPE 1 LLC
May 08, 2017Deed of Trust, Mortgage · Conventional Mortgage
MICHAEL MAMMONE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleAug 03, 2023 · Amount on Record
Deed SaleAug 03, 2023 · Amount on Record
Prior SaleSep 15, 2016 · Amount on Record
Deed Document Number202345784
Deed Book / PageD14403 / 685
Record UpdatedSep 20, 2026

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNASSAU NY
Property Address1 WALLACE CT, VALLEY STREAM, NY 11580-5502
Transaction TypeMortgage
Record UpdatedMay 18, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0458620663
DateSep 22, 2021
Book Page45862/663
Instrument2021-123605
Lender
NameCPC FUNDING SPE 1 LLC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term24 Months
DueJul 01, 2023
Interest
Rate TypeFixed Rate

August 2023: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionNASSAU NY
Recording DateAug 03, 2023
Property Address1 WALLACE CT, VALLEY STREAM, NY 11580-5502
Document NumberD144030685
Book / PageD14403 / 685
Instrument DateJun 27, 2023
Instrument2023-45784
Transaction TypeTransfer
Record UpdatedMay 18, 2026
Title CompanyFIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMERICAN TITLE INS CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address12 W LINCOLN AVE, VALLEY STREAM, NY 11580-5715

Transferred To (Grantee/Buyer)

NameVerified Name
Address538 BROADHOLLOW RD # 3RD, MELVILLE, NY 11747-3676
Mail Care OfFAIRFIELD PROPERTIES

Mortgage

Document Number0202345785
DateAug 03, 2023
Instrument2023-45785
Lender
NameTHE DIME SAVINGS BANK WILLIAMSBURGH
TypeBank
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionNASSAU NY
Recording DateSep 03, 2021
Property Address1 WALLACE CT, VALLEY STREAM, NY 11580-5502
Document Number0141310043
Book / Page14131 / 43
Instrument DateJun 10, 2021
Instrument2021-116252
Transaction TypeTransfer
Record UpdatedJul 04, 2023
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address12 W LINCOLN AVE, VALLEY STREAM, NY 11580-5715

Transferred To (Grantee/Buyer)

NameVerified Name
Address12 W LINCOLN AVE, VALLEY STREAM, NY 11580-5715

September 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionNASSAU NY
Recording DateSep 03, 2021
Property Address1 WALLACE CT, VALLEY STREAM, NY 11580-5502
Document Number0141310043
Book / Page14131 / 43
Instrument DateJun 10, 2021
Instrument2021-116252
Transaction TypeTransfer
Record UpdatedMay 18, 2026
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address12 W LINCOLN AVE, VALLEY STREAM, NY 11580-5715

Transferred To (Grantee/Buyer)

NameVerified Name
Address12 W LINCOLN AVE, VALLEY STREAM, NY 11580-5715

Mortgage

Document Number2021123605
DateSep 03, 2021
Instrument2021-123605
Lender
NameCPC FUNDING SPE 1 LLC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term22 Months
DueJul 01, 2023
Interest
Rate TypeFixed Rate

May 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNASSAU NY
Property Address1 WALLACE CT, VALLEY STREAM, NY 11580-5520
Document Number0421210021
Book / Page042121 / 000021
Instrument DateMay 08, 2017
Transaction TypeMortgage
Record UpdatedJun 06, 2017
Title CompanyLANDSTAR TITLE AGENCY INC

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address119 SPRUCE ST CEDARHURST NY 115161911, CEDARHURST, NY 11516-1911

Mortgage

Document Number0421210021
DateMay 15, 2017
Book Page042121/000021
Instrument48330
Lender
NameMICHAEL MAMMONE
Address3001 S OCEAN DR # 111, HOLLYWOOD, FL 33019-2862
Agreement
TypeConventional Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Nassau County and Hempstead Town records · Assessment roll updated June 17, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateNew York
CountyNassau County
County SubdivisionHempstead Town
MunicipalityValley Stream Village
Elementary School DistrictValley Stream Union Free School District 24 (KG - 06)
Secondary School DistrictValley Stream Central High School District (07 - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$22,170 (+7,678.95%) Land $4,380 Building $17,790$2,217,000 (+677.89%)
2025$5,866.00 (+15.34%)$285 (-5.63%) Land $280 Building $5$285,000 (-5.63%)
2023$5,086.00 Additional exemption filed$302 Land $301 Building $1$302,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of April 5, 2023 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 44 policies
Nearby Flood Policies44 in force
Nearby Flood Claims38 (1979–2023)
Claims Outside the SFHA2 of 38
Most Recent ClaimSep 2023 · Severe Storm And Flooding
Claims by Event
  • Severe Storm And Flooding, Sep 2023 · 3 claims
  • Hurricane Irene, Aug 2011 · 8 claims
  • Severe Storms And Flooding, Mar 2010 · 3 claims

Wildfire

Wildfire RiskNot rated
no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Optimum Communications
Fiber · Cable		8,000 / 8,000
Verizon
Fiber		2,300 / 2,300
T-Mobile USA
Fixed Wireless		100 / 20

Based on FCC filings for 497 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemLIBERTY UTILITIES NEW YORK - LYNBROOK
private · serves 220,000 people
Water SourceGroundwater
Last State InspectionJul 2023
Lead5 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
Jul 2025
Monitoring and ReportingNone
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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