1936 Wallace Avenue
Bronx · 10462 · BBL 2042610016 · look up another building
A company took title here in July 14, 2025, for a stated $794K.
Most recent filing on this building: a deed, July 14, 2025
1936 Wallace Avenue is a multi-family walk-up in Parkchester, Bronx, ZIP 10462. City records date it to 1910 and count 3 apartments. The city's property file lists the owner of record as MELO Z PHANTOM CAP LLC. Its total assessed value is $48K, for the 2026 tax year.
No DHCR registration is on file for this address, which is a gap in the record rather than an answer about your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Who owns 1936 Wallace Avenue
The most recent recorded deed is dated Jul 14, 2025, transferring the lot to MELO Z PHANTOM CAP LLC for a stated $794K. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
The November 1 report on this block
On the first of every month we email one page about tax block 4261 in Bronx, the block 1936 Wallace Avenue is on. It lists what was filed there that month, then where the block stands. As of today, that part reads:
- 6 buildings changed hands in the last twelve months.
- The block holds 48 parcels and 155 residential units.
Anything filed on 1936 Wallace Avenue itself comes the next morning.
Sales and ownership history at 1936 Wallace Avenue
| Party recorded | Recorded | Amount |
|---|---|---|
| Mers INC As NomineeASST from YK 2021 LLC | Sep 9, 2025 | |
| Melo Z Phantom Cap LLCDEED from Private individual | Jul 14, 2025 | $794K |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.
Taxes and assessed value for 1936 Wallace Avenue
The city's Department of Finance assessed this lot at $48K for the 2026 tax year. That works out to $16K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
No executed evictions at 1936 Wallace Avenue
No executed eviction is on record at 1936 Wallace Avenue in the citywide marshal file, which runs from April 2024.
Rent stabilization at 1936 Wallace Avenue
No DHCR rent-stabilization registration is on file for 1936 Wallace Avenue in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
Open code violations at 1936 Wallace Avenue
HPD and DOB inspectors have written 17 violations against this building, of which 12 remain unresolved. That is more than 9 in 10 buildings its size in 10462. The most serious open grade here is immediately hazardous, with 5 open violations.
If you own or manage this building, violationscout.com shows what it takes to clear these, from the date each one has to be certified by to how a correction gets filed. It is a paid site, built by the same person as this one.
Classes run A (non-hazardous) to C (immediately hazardous); DOB class I carries a vacate order. Source: NYC HPD violations, current through October 10, 2026.
Violation history at 1936 Wallace Avenue
| Violation | Issued | Class |
|---|---|---|
| File annual bedbug report in accordance with hpd rule as described on the back of this notice of violation or…Violation Dismissed | Jun 5, 2025 | A |
| Provide a safe and adequate supply of electric service to the fixtures to all light fixtures at ceiling at pub…Violation Dismissed | Feb 24, 2025 | C |
| Provide a safe and adequate supply of electric service to the fixtures to all light fixtures at ceiling at pub…Violation Dismissed | Feb 24, 2025 | C |
| Provide a safe and adequate supply of electric service to the fixtures to all outlets and light fixtures throu…Nov Sent Out | Feb 19, 2025 | C |
| Provide ready access to buildings heating system door locked at boiler roomNov Sent Out | Jan 7, 2025 | C |
| Provide an adequate supply of heat for the apartment in the entire apartmentNov Sent Out | Jan 7, 2025 | C |
| Properly repair or replace the broken or defective latch at building vestibule door (from vestibule to public…Nov Sent Out | Jan 3, 2025 | B |
| Replace or repair the self-closing doors that is missing or defective hinges at building vestibule door (from…Violation Closed | Jan 3, 2025 | C |
The 8 most recent violations written against this building, newest first, 4 of them still open. Each row is the inspector's own wording with the statute citation removed. Source: NYC HPD violations, current through October 10, 2026.
311 complaint history at 1936 Wallace Avenue
8 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through October 10, 2026.
How 1936 Wallace Avenue compares in 10462
PulseCities tracks 4,672 lots in 10462, of which 193 carry an executed eviction from the marshal record, which starts in April 2024, and 332 carry a deed from the shorter ACRIS window. 10462 scores 46.7 out of 100 for displacement pressure, 24 of 177 scored NYC ZIP codes. The full signal breakdown for Parkchester →
What else this owner holds
Melo Z Phantom Cap LLC took title to 8 other buildings in the deed record. A shared buyer on a deed is a fact about the filing, not proof that one operation runs them all:
Questions about 1936 Wallace Avenue
Who owns 1936 Wallace Avenue?
The most recent deed on file for 1936 Wallace Avenue names MELO Z PHANTOM CAP LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Jul 14, 2025.
How much did 1936 Wallace Avenue sell for?
The most recent deed states a consideration of $794K, recorded Jul 14, 2025 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.
Have there been evictions at 1936 Wallace Avenue?
No executed eviction at 1936 Wallace Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 1936 Wallace Avenue rent stabilized?
No DHCR registration for 1936 Wallace Avenue appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is 1936 Wallace Avenue assessed at for property taxes?
The Department of Finance assessed the lot at $48K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 1936 Wallace Avenue?
10462 (Parkchester) scores 46.7 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.