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2722 Wallace Avenue

Bronx, NY 10467
  • $1,100,000
  • STATUS: Active
  • MLS #: 963424
UPDATED: 18 min ago
$1,100,000
  • 9
    BEDS
  • 0.05
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2002
County:
Area:

School Ratings & Info

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.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-03-11T21:18:13.927.
www.thisoldhudsonrealestate.com/homes/173342341
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2722 Wallace Avenue Bronx, NY 10467

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • MLS #: 963424
9
Beds
6
Baths
0
½ Baths
0.05
Acres
2002
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
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.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials Brick Garage YN No Parking Features Carport Pool Private YN No Property Attached YN No Waterfront YN No

Interior Features

Basement Details Finished Basement YN Yes Cooling Wall/Window Unit(s) Interior Features Open Floorplan Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 3 Num Of4 Bed Rooms 0

Property Features

Building Area Total 3276 Down Payment Resource YN Yes Fuel Expense 5567 Heating Baseboard Insurance Expense 3600 Other Expense 600 Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Spa YN No Special Listing Conditions None Tax Annual Amount 6965 Tax Source Other Tenant Pays Electricity Utilities None Water Sewer Expense 1387 Water Source Public

Listing courtesy of Francis J. Morris of Distinguished Realty Services:
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-03-11T21:18:13.927.
 
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