Prevu by reAlpha
BuySellBlogBrowse Listings

2722 Wallace AvenueBronx, NY 10467

For Sale

$1,100,000

Smart Buyer Rebate $13,750

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.

Listed by Francis J. Morris

·

Distinguished Realty Services

·

914-677-2623

Last updated March 07, 2026

·

Source: OneKey #963424

Listing Facts

  • TypeMulti-family
  • NeighborhoodOlinville
  • Bedrooms9
  • Bathrooms6
  • Days on Prevu31
  • Taxes$6,965/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/07/2026
Status changed to Active
$1,100,000
03/04/2026
Listed by Distinguished Realty Services
$1,100,000

Estimated Closing Costs

Total
$42,390
Attorney Fees
$4,000
NYC Mansion Tax
$11,000
Title Insurance
$4,950
Bank Attorney
$1,500
Mortgage Recording Tax
$16,940
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,100,000 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 2722 Wallace Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 2002
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,276
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Square Feet: 2,100

Financial

Taxes

  • Parcel Number: 04512-0008
  • Tax Annual Amount: $6,965.00
  • Tax Assessed Value: $52,020.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Open Floorplan

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9

Parking

Parking

  • Carport Spaces: 1
  • Carport: Yes
  • Parking Features: Carport

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 9 bedrooms and 6 bathrooms in this multi-family home at 2722 Wallace Avenue.

What are the annual taxes for 2722 Wallace Avenue?

Annual taxes for this multi-family home are estimated at $6,965.

How does 2722 Wallace Avenue compare to other multi-family homes in Olinville?

This multi-family home is listed 8% above the average price for multi-family homes in Olinville and has been on the market for 94 less days than the typical home in this area.

2722 Wallace Avenue is a 9-bedroom, 6-bath multi-family home for sale in Bronx NY 10467. Listed on Prevu for 31 days at $1,100,000. This property is located in Olinville. The median listing price for multi-family homes in this area is $199,999. Property amenities include parking. Browse more multi-family home listings in Bronx.

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 2026, 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.