New York City property record for 1940 Wallace Ave, Bronx, NY 10462
| Property Type | Duplex |
|---|---|
| Details | 2,000 sqft · built 1970 |
| Lot Size | 0.044 acres (1,916 sqft) |
| Owner | Individual Name on File |
| Last Sale | $455,000 (Jul 2019) |
| Tax Bill | $7,045 (2025) |
| Deeds & Mortgages | Nov 2025 Transfer Jul 2019 Sale & Mortgage |
| APN | 04261-0018 |
| Primary APN | 04261-0018 |
|---|---|
| Alternative APNs |
|
| Units | 2 Units |
|---|---|
| Stories | 2 Stories |
| Building Area | 2,000 sqft Living Area |
| 1st Floor Area | 1,000 sqft |
| Year Built | Built 1970 |
|---|---|
| Effective Year Built | Effective 1970 |
| Architectural Style | Duplex Single |
| Construction Type | Brick |
| Lot Area | 1,916 sqft (0.044 acres) |
| Lot Dimensions | 95 ft deep x 20.2 ft wide |
| Account Number | 2-04261-0018 |
|---|---|
| Street Address | 1940 WALLACE AVE |
| City | BRONX |
| State | NY |
| Zip | 10462-3297 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Duplex |
| Local Zoning Code | R5 |
| Legal Block | 4261 |
| Legal Lot Number | 18 |
| Jurisdiction | BRONX NY |
| Township / Civil Division | BRONX |
| Census Block Group | 2 |
| Census Block | 2004 |
| Census Tract | 23000 |
1940 Wallace Ave, a duplex, is owned by an individual who acquired it in October 2025.
Source: New York City records, as of July 6, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 1409 ZEREGA AVE, B, BRONX, NY 10462-5409 |
| Owner Type | Individual |
| Vesting | Individual(s) |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Nov 28, 2025 | Intrafamily Transfer, Transfer |
| Jul 25, 2019 | Grant Deed, Transfer · Conventional with PMI MYRON L SKLAR |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 25, 2019 · Amount on File |
| Deed Sale | Jul 25, 2019 · Amount on File |
| Last Transfer Date | Oct 31, 2025 |
| Transfer Doc | 0312461898 |
| Record Updated | Sep 20, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | BRONX NY |
| Recording Date | Nov 28, 2025 |
| Property Address | 1940 WALLACE AVE, BRONX, NY 10462-3297 |
| Document Number | 0000323518 |
| Instrument Date | Oct 31, 2025 |
| Instrument | 2025000323518 |
| Transaction Type | Transfer |
| Record Updated | Dec 9, 2025 |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 1940 WALLACE AVE, BRONX, NY 10462-3297 |
| Name | Verified Name |
|---|---|
| Address | 1409 ZEREGA AVE # B, B, BRONX, NY 10462-5409 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | BRONX NY |
| Recording Date | Jul 25, 2019 |
| Property Address | 1940 WALLACE AVE, BRONX, NY 10462-3297 |
| Document Number | 0000235485 |
| Instrument Date | Jul 12, 2019 |
| Instrument | 235485 |
| Transaction Type | Transfer |
| Record Updated | Aug 5, 2019 |
| Title Company | NOT AVAILABLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,820.00 |
| Amount Accuracy | Confirmed |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 1409 ZEREGA AVE #B BRONX NY 104625409, B, BRONX, NY 10462-5409 |
| Document Number | 235486 |
|---|---|
| Date | Jul 25, 2019 |
| Instrument | 235486 |
| Name | MYRON L SKLAR |
|---|---|
| Address | 72 SOUTHFIELD RD, MOUNT VERNON, NY 10552-1322 |
| Special Notes | Seller Financed |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount on Record |
| Term | 120 Months |
| Due | Jul 24, 2029 |
The 2025 property tax bill for 1940 Wallace Ave was $7,045.
Source: New York City assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | New York |
| County | Bronx County |
| Municipality | New York City |
| Unified School District | New York City Department Of Education (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $35,078 (-) Land $6,522 Building $28,556 | $796,000 (+2.98%) Land $148,000 Building $648,000 | |
| 2025 | $7,045.00 | $35,078 Land $6,716 Building $28,362 | $773,000 Land $148,000 Building $625,000 |
| 2023 | $6,596.00 | $32,844 Land $6,421 Building $26,423 | $757,000 Land $148,000 Building $609,000 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
FEMA has no flood map on file for 1940 Wallace Ave; 1 flood insurance policy is in force nearby.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Nearby Flood Policies | 1 in force |
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.
The area around 1940 Wallace Ave has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Dec 2025 |
| Lead | 10 ppb (2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | Uncovered finished water reservoir currently in violation since Feb 2017 |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 547 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Optimum Fiber · Cable | 8,000 / 8,000 |
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: Starry.
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