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$1,100,000
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Property Description
2722 Wallace Avenue, a fully occupied three-family brick property located in the Allerton section of the Bronx. This 3,276 square foot building consists of three spacious three-bedroom apartments, offering strong in-place income and long-term lease stability. Finished basement. The property is currently 100% leased with an annual gross income of $80,005.68 and a Net Operating Income of $59,486.68. All units are generously sized three-bedroom layouts, making them highly attractive to tenants in this strong rental corridor.
Full Property Details
Full Property Details for 2722 Wallace Ave
General
- Price: $1,100,000
- Taxes: $6,965
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 963424
- Updated: 3/4/2026
- Added to Site: 40 day(s) ago
Interior
- Interior Features: Open Floorplan
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Parking
- Parking Features: Carport
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3276
- Square Feet: 3,276
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.0482
- Lot Size (Sq. Ft.): 2,100
Financial Considerations
- Tax Amount: $6,965
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 04512-0008
Listed by Distinguished Realty Services
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Schools
Schools serving 2722 Wallace Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 76 The Bennington School 900 Adee Ave, The Bronx, NY 10469 | K-5 | 0.3 mi |
Pelham Academy Of Academics And Community Engageme 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.3 mi |
Bronx Green Middle School 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.3 mi |
Bronx Park Middle School 2441 Wallace Ave, The Bronx, NY 10467 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2722 Wallace Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2722 Wallace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,950
60%
$50,562
6%
2024
$3,099
110%
$47,700
-25%
2023
$1,479
-1%
$63,900
19%
2022
$1,495
-4%
$53,880
6%
2021
$1,550
-1%
$50,940
2%
2020
$1,559
1%
$49,980
7%
2019
$1,540
—
$46,620
24%
2018
$1,541
3%
$37,500
-7%
2017
$1,501
2%
$40,516
6%
2016
$1,472
2%
$38,223
6%
2015
$1,440
2%
$36,060
—
2014
$1,413
—
$36,060
-6%
2014
$1,413
—
$38,436
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2722 Wallace Ave
2722 Wallace Avenue, Bronx, NY 10467 (MLS# 963424) is a Multi-Family property with 3 units containing 9 bedrooms and 6 full bathrooms. 2722 Wallace Avenue is currently listed for $1,100,000 and was received on March 04, 2026. Want to learn more about 2722 Wallace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

