2198 Wallace Ave, Bronx, NY 10462 Property Records

New York City property record for 2198 Wallace Ave, Bronx, NY 10462

Property Summary

Property Type	Apartments (5+ Units)
Details	87,810 sqft · built 1929
Lot Size	0.466 acres (20,291 sqft)
Owner	Company Name on Record
Tax Bill	$272,632 (2025)
Deeds & Mortgages	Nov 2017 Mortgage Nov 2017 Loan Modification
APN	`04321-0038`

Property Details

APN / Parcel Number

Primary APN	`04321-0038`
Alternative APNs	`1511043210038` `2-04321-0038`

Interior

Units	170 Units
Stories	6 Stories
Building Area	87,810 sqft Living Area
1st Floor Area	17,400 sqft

Exterior

Year Built	Built 1929
Effective Year Built	Effective 1929
Lot Area	20,291 sqft (0.466 acres)
Lot Dimensions	100 ft deep x 200 ft wide
View / Lot	Corner

Location & Zoning

Account Number	2-04321-0038
Street Address	2198 WALLACE AVE
City	BRONX
State	NY
Zip	10462
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R7-1
Legal Block	4321
Legal Lot Number	38
Jurisdiction	BRONX NY
Township / Civil Division	BRONX
Census Block Group	3
Census Block	3000
Census Tract	22800

Owner

Source: New York City records, as of April 29, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	98 CUTTERMILL RD, 444S, GREAT NECK, NY 11021-3000
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Nov 9, 2017	Deed of Trust, Mortgage NYCB PLAZA
Nov 1, 2017	Loan Modification, Consolidation and Extension, Mortgage NEW YORK CMNTY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Oct 30, 1998
Transfer Doc	1648002372
Record Updated	Jun 8, 2026

November 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BRONX NY
Property Address	2198 WALLACE AVE, BRONX, NY 10462
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	98 CUTTERMILL RD 444S, 444S, GREAT NECK, NY 11021-3000

Mortgage

Document Number	0000415145
Date	Nov 9, 2017
Instrument	2017000415145

Lender

Name	NYCB PLAZA
Address	102 DUFFY AVE # 33, HICKSVILLE, NY 11801

Agreement

Amount	Amount Recorded

November 2017: Loan Modification, Consolidation and Extension, Mortgage

Document Type	Loan Modification, Consolidation and Extension
Jurisdiction	BRONX NY
Property Address	2198 WALLACE AVE, BRONX, NY 10462
Document Number	0000415146
Instrument Date	Nov 1, 2017
Transaction Type	Mortgage
Record Updated	Jan 14, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	98 CUTTERMILL RD #444S GREAT NECK NY 110213000, 444S, GREAT NECK, NY 11021-3000

Mortgage

Document Number	0000415146
Date	Nov 9, 2017
Instrument	415146

Lender

Name	NEW YORK CMNTY BK
Type	Bank
Address	102 DUFFY AVENUE 3RD PLZ, HICKSVILLE, NY 11801

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	New York
County	Bronx County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$2,396,790 (+22.09%) Land $119,700 Building $2,277,090	$6,084,000 (+14.47%) Land $266,000 Building $5,818,000
2025	$272,632.00 (+11.09%)
2023	$245,424.00	$1,963,080 Land $119,700 Building $1,843,380	$5,315,000 Land $266,000 Building $5,049,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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	3 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.

Wildfire

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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,085 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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