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2198 Wallace Avenue

3,504Records
18City systems
101Open violations
184.2Penalty rate
Bronx · ZIP 10462 · Neighborhood: Pelham Parkway-Van Nest
Open in the map

3,504 recorded events, 1900–2026, from 18 city data systems. The city's paper trail here is mostly 1,264 HPD complaints, 1,180 311 service requests, 737 HPD housing violations.

BoroughBronx 10462
Built1929
Floors6
Res. units85
ClassD1
Owner (PLUTO)780 PP LLC
BBL2043210038
BIN2049423

Full record, year by year   Support this site

GRADE C

A meaningful record of code violations or complaints relative to its peers. More recorded distress than 89% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 184.2. In ZIP 10462, 70% of residential buildings hold an A and 8% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations101 total — 32 class C (immediately hazardous), 57 class B, 12 class A. Oldest open since 2008-06-03.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

294 heat or hot-water complaints in the last three years (winter 2023–24: 80 · winter 2024–25: 137 · winter 2025–26: 28 · winter 2026–27: 10). Repeated winter clusters suggest a chronic heating problem.

80
’23–24
137
’24–25
28
’25–26
10
’26–27

No bedbug-infested units reported in the last three years of filings.

$11,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

400 service requests in the last three years. Most common: HEAT/HOT WATER (145) · Noise (48) · UNSANITARY CONDITION (41) · PAINT/PLASTER (36) · WATER LEAK (25) · FLOORING/STAIRS (15).

Filed construction activity

$127,500 in permitted construction work filed since 2016 (6 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1929)
YesSix or more residential units (85)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)780 PP, LLC
Head officerADAM PARKOFF
Managing agentNEW PARK MANAGEMENT, LLC
Last registered2025-10-14

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$4,908,000 $2,208,600
2026$5,715,000 $2,571,750
2027$6,084,000 $2,737,800

The city's market estimate has risen 24% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)C — ENERGY STAR score 66/100 (2022 disclosure cycle)
Heating fuelNATURALGAS

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

No street-flooding or sewer-backup complaints on record at this address.

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayPelham Pkwy — 2 5 · 850 ft straight-line (about a 4-minute walk) · station accessibility: full
BusNearest boarding stop: Pelham Pkwy / Muliner Av — Bx12 · 750 ft
School zones (2024–25 map)Elementary: Young Voices Academy of the Bronx
Middle: 326, 468, 556. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

2198 Wallace Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

400 311 service requests from this address in the last three years — 145 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by NEW PARK MANAGEMENT, LLC — 62 buildings, 4,143 units. Grades across the portfolio: A27 · B21 · C6 · D8. See the whole portfolio

BuildingBoroughUnitsGrade
2131 Wallace Avenue BX175 D
2132 Wallace Avenue BX172 D
4861 Broadway MN146 C
8700 25 Avenue BK123 B
2728 Henry Hudson Pkwy E BX121 C
8635 21 Avenue BK120 D
1701 West 3 Street BK107 B
2084 Bronx Park East BX106 D
162-15 Highland Avenue QN105 C
28 East End Avenue MN102 A
500 West 235 Street BX87 B
2198 Wallace Avenue BX85 C
83-46 118 Street QN84 B
97 Arden Street MN78 A
3115 Avenue I BK77 B
3101 Avenue I BK77 A
1 Seaman Avenue MN74 B
110 Post Avenue MN73 B
2161 Barnes Avenue BX72 A
200 Dyckman Street MN72 B
237 East 20 Street MN72 A
11 Seaman Avenue MN72 B
165 Seaman Avenue MN72 A
2182 Barnes Avenue BX71 D
2140 Barnes Avenue BX70 D
249 Cumberland Street BK70 A
2162 Barnes Avenue BX70 C
383 East 17 Street BK67 A
1561 East 13 Street BK66 A
64-45 Booth Street QN66 A
175-27 87 Drive QN66 D
3300 Netherland Avenue BX66 B
900 Avenue H BK65 B
2 Seaman Avenue MN64 B
64-21 Booth Street QN62 A
1420 Ocean Parkway BK60 A
150 74 Street BK60 A
2016 Avenue N BK60 A
401 Schenectady Avenue BK59 B
98 Thayer Street MN59 B
4730 Broadway MN56 B
2705 Bainbridge Avenue BX54 C
260 Lenox Road BK53 A
431 3 Avenue MN52 A
745 Lincoln Place BK50 B
110-56 71 Avenue QN49 A
75 Thayer Street MN48 A
258 East 18 Street BK48 B
2828 Kings Highway BK48 B
7005 Shore Road BK46 A
144 East 22 Street MN46 A
2784 Morris Avenue BX44 D
192 East 75 Street MN38 A
3 East 66 Street MN27 B
133 East 84 Street MN24 A
1510 York Avenue MN24 B
207 East 76 Street MN16 A
217 East 76 Street MN13 A
209 East 76 Street MN12 A
623 2 Avenue MN9 A

showing 60 of 62 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $4,181,142 on 2017-11-09 (lender: New York Community Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2024-03-22Agreement $10,134,543 — from FLAGSTAR BANK, N.A. to 780 PP LLC $10,134,543
2017-11-09Agreement $11,035,000 — from 780 PP LLC to NEW YORK COMMUNITY BANK $11,035,000
2017-11-09Mortgage $4,181,143 — from 780 PP LLC to NEW YORK COMMUNITY BANK $4,181,143
2014-03-17Mortgage $2,310,542 — from 780 PP LLC to SANTANDER BANK, N.A. $2,310,542
2010-11-10Mortgage $1,665,334 — from 780 PP LLC to SOVEREIGN BANK $1,665,334
2010-11-10Agreement $5,165,000 — from 780 PP LLC to SOVEREIGN BANK $5,165,000
2003-09-18Mortgage $1,875,994 — from 780 PP LLC to INDEPENDENCE COMMUNITY BANK $1,875,994
1998-12-03Mortgage $528,950 — from 780 P.P. ASSOCIATES to INDEPENDENCE COMMUNITY BANK $528,950
1994-12-07Mortgage $391,688 — from 780 PP ASSOCIATES to INDEPENDENCE SAVINGSBANK $391,688
1991-03-20Mortgage $160,000 — from 780 PP ASSOCIATES to MOSES PENSION PLAN $160,000
1987-03-09Mortgage $1,383,380 — from 780 P P ASSOCIATES to FIRST NATIONWIDE SVGS/LN $1,383,380

Ten-year activity

1,0005000
2017
2018
2019
2020
2021
2022
2023
527
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201702204329
201806300238
201901470452
202072790391
20210334504352
20220237002374
20230244403449
20244651214527
20251925603269
20263121702223
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The full timeline

Construction 32Enforcement 150Housing & tenants 3,238Ownership & money 35Health & systems 49

Every one of the 3,504 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10462 · Landlord rankings · How grades work · The map · The Mice Map