NYC property data › The Bronx › Morris Park, Pelham Parkway & Allerton › 1853 Wallace Avenue

1853 Wallace Avenue

Morris Park, Pelham Parkway & Allerton, The Bronx · Mixed residential & commercial · BBL 2040520048

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4Units (3 residential)
3Floors
3,055Building sq ft
2,757Lot sq ft
2007Year built
R5Zoning
1.11 of 2.00Built FAR
2010Last sale
3DOB permits
1Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2010-04-05Deednot recorded
2007-09-21Deednot recorded
2006-08-17Deed$400,000
2001-04-24Deednot recorded
1982-06-21Deednot recorded
1981-08-14Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2022-01-06Renewal Permit Without ChangesPlumbing
2021-04-29Initial PermitSprinklers
2021-02-23Initial PermitPlumbing

Source: DOB NOW approved permits, which covers 2017 onward. 3 permits on file for this lot.

Open HPD violations

ClassOpenMost recent
Class C (immediately hazardous)12021-10-21

Source: HPD open violations, classes B and C. A violation stays open until HPD certifies the correction, so an old date does not mean the condition persists today.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Bronx since 2021, from public ACRIS filings.

  1. Icecap Real Estate Debt Fund Iii, LLC — 2 loans, typically $873K–$1M
  2. Woodmont Horn Fl, LLC — 2 loans, typically $285K–$900K
  3. Nassau Financial Federal Credit Union — 2 loans, typically $80K–$446K
  4. Velocity Commercial Capital, LLC — 15 loans, typically $405K–$701K
  5. Hudson Group Realty Network, INC. — 3 loans, typically $347K–$589K
Match this deal to 134 lenders

Other lots on this block

Recent sales in Morris Park, Pelham Parkway & Allerton

Morris Park, Pelham Parkway & Allerton commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 2040520048 · data refreshed 2026-08-14

Development & air rights

56% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.