Financial
Distress signals
Property profile

2060 Wallace Ave The Bronx, NY 10462

FOR LEASE
Retail space
Property ID
US63-4047027
6,500 SF 0.22 ac lot Built 1932
Last sale Jan 2024 · $23,254,840
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2060 Wallace Avenue is a one-story commercial mixed-use building located in the Bronxdale / Pelham Parkway area of the Bronx. It contains approximately 6,500 square feet of space and sits on a 9,750 square foot lot. The building was constructed in 1932 and underwent renovations in 2013. The site is positioned for retail, commercial, and mixed-use activities within a neighborhood setting supported by pedestrian activity, public transit access, and proximity to major Bronx thoroughfares.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$52k
Tax billed · 2024
Assessed value$492k
Assessed land$270k
Assessed improvement$222k
Effective rate10.59%

Value estimate

· Sep 2026
$23.26M
$20.93M – $25.58M
AI approach$23.26M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$594/SF
Submarket average, outlier-cleaned · 204 recorded sales of this use type
Observed band · Q1–Q3$360 – $882
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R7-1
C1 or C2 mapped in R7-1 3.5 1.0 (b) For buildings containing residential and community facility uses , where such buildings have a ratio ...
General categoryRESIDENTIAL
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm43.3
Realty agency18.3
Gym & Fitness17.4

Location

2060 Wallace Ave, Unit The Bronx, NY 10462
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2130 Starling, Bronx, NY 10462-4303 $2,825,000 Nov 2025 6,060 SF
2048 Mcgraw, Bronx, NY 10462-8003 $1,950,000 Aug 2024 4,400 SF
2048 Wallace, Bronx, NY 10462-3006 $23,254,840 Jan 2024 4,757 SF
Castle Hl, Bronx, NY 10462 $50,000 Nov 2020 4,623 SF
2182 White Plns, Bronx, NY 10462-1406 $8,000,000 Aug 2020 9,500 SF
2134 Barnes Ave, Bronx, NY 10462-1902 $7,000,000 May 2019 7,909 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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