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2048 Wallace Ave, Bronx, NY 10462 Property Records

New York City property record for 2048 Wallace Ave, Bronx, NY 10462

Property Summary

Property TypeRetail Stores (Personal Services, Photography, Travel)
Details4,757 sqft · built 1932
Lot Size0.11 acres (4,786 sqft)
OwnerCompany Name on Record
Last Sale$23,254,840 (Jan 2024)
Tax Bill$39,982 (2025)
Deeds & MortgagesJan 2024 Sale
May 2018 Loan Modification
APN04289-0006

Property Details

APN / Parcel Number

Primary APN04289-0006
Alternative APNs
  • 1510042890006
  • 2-04289-0006

Interior

Units10 Units
Stories1 Story
Building Area4,757 sqft Gross Area
1st Floor Area4,757 sqft

Exterior

Year BuiltBuilt 1932
Effective Year BuiltEffective 2004
Lot Area4,786 sqft (0.11 acres)
Lot Dimensions101 ft deep x 67 ft wide

Location & Zoning

Account Number2-04289-0006
Street Address2048 WALLACE AVE
CityBRONX
StateNY
Zip10462-3006
Property CategoryCommercial
Property TypeCommercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning CodeR7-1
Legal Block4289
Legal Lot Number6
JurisdictionBRONX NY
Township / Civil DivisionBRONX
Census Block Group1
Census Block1003
Census Tract22800

Owner

Source: New York City records, as of July 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address417 5TH AVE, NEW YORK, NY 10016-3380
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 16, 2024Deed, Transfer
May 25, 2018Loan Modification, Mortgage · Line of Credit
MANUFACTURERS & TRADERS TR

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 16, 2024 · Amount on Record
Deed SaleJan 16, 2024 · Amount on Record
Deed Document Number202412062
Record UpdatedSep 20, 2026

January 2024: Deed, Transfer

Document TypeDeed
JurisdictionBRONX NY
Recording DateJan 16, 2024
Property Address2048 WALLACE AVE # 2056, 2056, BRONX, NY 10462-3006
Document Number0000012062
Instrument DateDec 31, 2023
Instrument2024000012062
Transaction TypeTransfer
Record UpdatedJan 23, 2024

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address417 5TH AVE # AVE4TH, AVE4TH, NEW YORK, NY 10016-2204

Transferred To (Grantee/Buyer)

NameVerified Name
Address417 5TH AVE FL 4TH, NEW YORK, NY 10016-3380
Mail Care OfBLDG MANAGEMENT CO. INC.
InvestorPossibly a Property Investor

May 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionBRONX NY
Recording DateMay 25, 2018
Property Address2048 WALLACE AVE # 2056, 2056, BRONX, NY 10462-3006
Instrument DateMay 17, 2018
Instrument175537
Transaction TypeMortgage
Record UpdatedJun 14, 2018
Title CompanyROYAL ABSTRACT/NY LLC

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address417 5TH AVE NEW YORK NY 100162204, NEW YORK, NY 10016-2204

Mortgage

Document Number0000175537
DateMay 25, 2018
Instrument175537
Lender
NameMANUFACTURERS & TRADERS TR
Address350 PARK AVE, NEW YORK, NY 10022-6022
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: New York City assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateNew York
CountyBronx County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$396,720 (+6.78%) Land $129,150 Building $267,570$963,000 (+11.33%) Land $287,000 Building $676,000
2025$39,982.00 (+0.8%)$371,520 (+0.76%) Land $129,150 Building $242,370$865,000 (+2%) Land $287,000 Building $578,000
2024$39,665.00 (+1.56%)
2023$39,055.00$368,730 Land $129,150 Building $239,580$848,000 Land $287,000 Building $561,000

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

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,085 locations within half a mile, as of December 31, 2025

ProviderMax 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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