1 month on rocket

2525 Wallace Ave, Bronx, NY, 10467

$1,600,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
12 Full Baths
12,300 SqFt
$130/SqFt
Multi
Schools Nearby

Location

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2525 Wallace Ave, Bronx$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1931
HeatingNatural Gas, Hot Water, Steam
CoolingNone
BasementYes
MLS #H6297881
Lot Size0.11 Acres
StatusActive
(A)

About 2525 Wallace Ave

Great Allerton location this 12 unit all brick pre war building is close to #2 train station , retail stores , major highway, has gas steam heat boiler and gas hot water, very well kept and centrally located, investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 12,300 SqFt

Listing Office:

  • Office Name: Morris Park Realty Group
  • Office Phone: (718) 881-1923

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 18

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: Boston Rd to Wallace Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $39,548
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. List Price

$572.4K

Med. Price/SqFt

$341

Avg. Days On Market

171

# of Sold Homes

125

2525 Wallace Ave vs Bronx

30 DAYS ON ROCKET

-141 Days

$1,600,000

+$1.0M More

$130/SqFt

-$211 Less

KEY TAKEAWAY

This property is $1.0M more than the Median List Price and $211/SqFt less than other homes in Bronx, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6297881

Listing Office:

  • Office Name: Morris Park Realty Group
  • Office Phone: (718) 881-1923

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 2:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$39,548$325,350
2018$35,394$286,380
2017$34,994$278,280

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3156685
4
/10

  • PS 76 The Bennington School

  • 900 Adee Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-3156686
4
/10

  • PS 41 Gun Hill Road

  • 3352 Olinville Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-3156687
4
/10

  • Young Voices Academy of The Bronx

  • 800 Lydig Ave

  • 0.73 miles

  • Public District Grades PK-KG

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,240. Residents of Bronx, NY typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10467›2525 Wallace Ave

This home is located at 2525 Wallace Ave in Bronx, NY and zip code 10467 in the Northeast Bronx neighborhood. This 12,300 square foot home, which was built in 1931, sits on a 0.11 acre lot. Features: 18 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,600,000.

The number of homes for sale in Bronx, NY increased by 5.3% between February 2024 and March 2024. In March 2024, listings were on the market for 171 days. During the same period, the median list price in this real estate market was $572,405.

From Rocket Homes Real Estate and based on county public records data.

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