# 2764 Wallace Avenue, The Bronx

Apartment building · 38 units · built 2025 · Block 4512, Lot 27.

On Umarelli: https://umarelli.org/nyc/2045120027/2764-wallace-avenue

More construction in Bronxdale: https://umarelli.org/nyc/bronx/bronxdale.md

## Building permits

- New Building — Multi-Family, filed Mar 3, 2025, 38 units, 7 stories, described as “(please assign to dev hub) proposing new seven story residential building..”
- Alteration, filed Sep 26, 2025, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 24, 2025, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 24, 2025, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 15, 2025, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Demolition, filed Jul 15, 2025, estimated cost $5K, described as “Full demolition to a one story garage”

## Property taxes

- Assessment: $146,250
- 2026–27 tax: $3,828
- Market value (city estimate): $325,000
- Taxable value: $30,775
- Assessed land: $146,250

## Zoning

R6: floor area ratio 5.44 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 2, 2025: $1,850,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Housing Lottery Launches for 2764 Wallace Avenue in Allerton, The Bronx](https://newyorkyimby.com/2026/07/housing-lottery-launches-for-2764-wallace-avenue-in-allerton-the-bronx.html), New York YIMBY, Jul 22, 2026.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology