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    2060 Wallace Ave Bronx, NY 10462

    New
    For Lease
    $7,000 /Mo ($15 SF/Yr)

    COMMERCIAL - Bronx, NY

    Lot size:
    0.12 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 2060 Wallace Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    04289-0001
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1932

    Fave Realty Inc (646) 642-4340 [email protected]

    Listing agent Tahira Nazir

    Listing date Dec 1, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Commercial Mixed-Use Opportunity

    Located in the Bronxdale / Pelham Parkway area of the Bronx, this commercial mixed-use property at 2060 Wallace Avenue offers a substantial 6,500 square feet of space in a one-story building. Constructed in 1932 and renovated in 2013, the property is situated on a 9,750 square foot lot. The location benefits from strong foot traffic, public transit access, and proximity to major Bronx arteries. The surrounding neighborhood supports retail, commercial, and mixed-use ventures, catering to both local residents and commuters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Green Star At Wallace ... Day Care Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.864415
    Latitude
    40.852685

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    FAQs

    What type of property is this?
    Mixed-use property - 6,500 SF commercial building in a transit-friendly Bronx location.
    Where is this mixed-use property located?
    The property is located at 2060 Wallace Ave Bronx, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Substantial 6,500 SF commercial building with mixed-use potential.; - Located in a high-traffic area near Pelham Parkway with strong foot traffic and public transit access.; - Large 9,750 sq ft lot offers development opportunities.
    (347) 553-2506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2060 Wallace Ave Bronx, NY 10462
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