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1858 Wallace AvenueBronx, NY 10462

For Sale

$1,175,000

Smart Buyer Rebate $14,688

Welcome to 1858 Wallace Ave, Bronx, NY 10462—a versatile and well-maintained two-family brick home located in the desirable Morris Park neighborhood. This property offers the perfect opportunity for both homeowners and investors looking to generate rental income or accommodate extended family.

The first-floor unit features two spacious bedrooms, one full bathroom, a comfortable living room, and a large eat-in kitchen. Upstairs, the second-floor unit offers three generously sized bedrooms, a full bathroom, a bright living area, and a separate kitchen and dining space—ideal for larger households.

The home also includes a full basement with high ceilings, offering excellent potential to be transformed into additional living or recreational space. Whether used as a bonus area, office, or storage, it provides a great opportunity to add value to the property.

Situated close to public transportation (2/5 subway lines), major highways, schools, shops, and restaurants, this home is conveniently located for everyday living. With strong rental demand in the area and great long-term upside, 1858 Wallace Ave is a smart investment in a growing Bronx neighborhood.

Listed by Carmen E. Fuentes

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Locqube New York, Inc.

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646-641-2630

Listed by Manuel Perez

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Locqube New York, Inc.

Last updated September 05, 2025

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Source: OneKey #891027

Listing Facts

  • TypeMulti-family
  • NeighborhoodVan Nest
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu50
  • Taxes$6,564.2/year

Location

Mortgage Calculator

Listing History

07/18/2025
Listed by Locqube New York, Inc.
$1,175,000

Estimated Closing Costs

Total
$44,633
Attorney Fees
$4,000
NYC Mansion Tax
$11,750
Title Insurance
$5,288
Bank Attorney
$1,500
Mortgage Recording Tax
$18,095
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,175,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1858 Wallace Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1899
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,113
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,375

Financial

Taxes

  • Parcel Number: 04053-0029
  • Tax Annual Amount: $6,564.20
  • Tax Assessed Value: $47,280.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Full Bath, Original Details, Walk-In Closet(s)

Rooms

  • Basement: Full, Unfinished, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.