2205 Wallace Avenue, Bronx
technical data · neighborhood and transit
2205 Wallace Avenue, Bronx: owner of record MIHILL PERLLESHI, assessed at $627,750, 180 open housing violations. Sourced directly from official city and county records.
Quick answers
- Who owns 2205 Wallace Avenue?
- MIHILL PERLLESHI is the owner of record, per NYC Department of Finance (BBL 2043450001).
- When did 2205 Wallace Avenue last change hands?
- 1980-07-16 to MIHILL PERLLESHI, by a deed recorded with no sale price in NYC ACRIS.
- What is the assessed value of 2205 Wallace Avenue?
- $627,750, set by the NYC Department of Finance.
- Does 2205 Wallace Avenue have open housing violations?
- Yes. NYC HPD lists 180 open violations, 29 immediately hazardous (class C).
- What is the 2026 conforming loan limit in Bronx County?
- $1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 2205 Wallace Avenue at risk for?
- FEMA's National Risk Index rates the area relatively low overall, with elevated heat wave and cold wave risk.
Property records
Owner of record
Mihill PerlleshiTax assessment
$627,750 · class D7
- DeedJul 16, 1980
Grantor (seller): Levland Construction Corp · Grantee (buyer): Mihill Perlleshi
Sourced directly from official city and county records. BBL 2043450001
NYC records
Post-war elevator buildingTenant and buyer signals
Rent stabilization
Likely stabilized
Built 1948 with 47 homes, the profile NYC rent stabilization covers. Ask for the apartment's rent history from NYS HCR.
Elevator
Elevator building
City building class D7, 6 floors.
Hurricane zone
Outside evacuation zones
NYC Emergency Management does not place this spot in zones 1 to 6.
Alcohol licenses
None within 200 ft
No active on-premises liquor license on file with the NY State Liquor Authority.
Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.
Tax lot 2043450001
- Built
- 1948
- Floors
- 6
- Homes
- 47
- Zoning
- R6
- Floor area
- 50,000 sq ft
- Lot
- 14,850 sq ft
- Tax assessment
- $628K
Nearest subway
Click a station for walking directions.
Housing violations (HPD)
180 open
29 immediately hazardous · 105 hazardous · 46 non-hazardous
Heat and hot water, 2 years
7 complaints
Most recent Apr 2026
Bedbug filing, 2022
0 of 48 units reported infested.
Residential evictions, 5 years
No marshal evictions executed.
311 calls within 260 ft, 12 months
445
- Illegal Parking · 110
- HEAT/HOT WATER · 56
- Blocked Driveway · 44
Safety and environment
FEMA natural hazard risk
Relatively Low
Highest for this area: heat wave, cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
8 within 1,650 ft
Nearest: Astor Operating Corp/Citygas, 2290 Boston Rd (800 ft), open. 1 still open. Ask whether groundwater or soil vapor testing was done.
EPA UST Finder, leaking underground storage tank releases
High-voltage line
700 ft
138 kV line run by CONSOLIDATED EDISON CO-NY INC.
HIFLD transmission lines
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
1,450 ft
PELHAM PREPARATORY ACADEMY (1,450 ft), COLLEGIATE INSTITUTE FOR MATH AND SCIENCE (1,450 ft), ASTOR COLLEGIATE ACADEMY (1,450 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
5.6 mi
LaGuardia (LGA). Aircraft may be audible under approach paths.
FAA large-hub airports
Conforming loan limit 2026
$1,209,750
Bronx County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
Property tax after you buy
$7,000 a year
About $583 a month at New York's 1.40% median effective rate.
In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.
Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.
Have you lived here? Share your experience.
Leave a reviewThe Address Story
Every address has a context. Read its story.
How much it costs to live here
Price, rent, mortgage, and the city's economic context, all in one place.
The money at this address
Renting, buying, and investing, on the same numbers. Enter the listing price to see all calculations.
Enter a rent and the yield calculation fills in on its own.
Loan calculator for this address
Enter the listing price. The calculation uses only your numbers.
Rough estimate, with a fixed rate. The bank's offer may include fees and insurance.
Who lives and works in The Bronx
Healthcare, education and city services carry the local payroll
The Bronx is the most affordable of the boroughs and the most rental heavy. Hospitals, schools and city agencies are the largest employers, and the northern neighborhoods hold detached houses and yards that do not exist further south.
- $47,036
- median household income
- 15.8%
- residents aged 25 to 34
- 20%
- households that own their home
What pays the bills
- Healthcare
- Education
- Public administration
- Social services
- Food distribution
Who anchors the economy
Montefiore Medical Center · Fordham University · Hunts Point Market · Albert Einstein College · NYC Health + Hospitals
The market is shaped around
- Renters looking for space
- Healthcare and education workers
- Families on one income
More on Wallace Avenue
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
The year built, height regime, structure, and elevator for this address are being indexed right now, city by city. Save the page and check back: it fills in over time. If you live here, you can fill it in yourself in a minute by leaving a review.