Under Contract – Backup offers may be accepted
1961 Wallace Avenue
MLS® #RLS20008497
Listing by Compass
4
Bedrooms
3
Baths
2,112
Sq. Ft.
1905
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Deck
- Climate Control: Wall Units
- Character: Pre-war building (1905)
Property Details
Description
Introducing the perfect multi-family investment opportunity offering 3,216 sq. ft. of finished space. The finished walkout basement is 1,032 sq. ft. With 4 bedrooms and 3 bathrooms, this residence provides ample room for versatile living! Enjoy the elegance of hardwood floors and recessed lighting throughout. The kitchen features essential appliances, including a dishwasher, gas stove, and refrigerator. Step outside to a charming deck and back yard, ideal for relaxation and entertaining. The finished walkout basement has a guest room/office, recreational room, full bathroom, and summer kitchen making it your ideal entertainment area. The backyard is accessible from the 1st floor unit or the basement. Additional notes: 1 storage shed, efficient baseboard heating, wall units for cooling, and the convenience of a washer and dryer. Street parking is available for added accessibility. There are 3 electric meters, 2 gas meters, 2 boilers, and 2 hot water heaters. Seize the opportunity to own this terrific investment home!
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Van Nest
View All Van Nest ListingsVan Nest provides a historic environment for those seeking space and value within New York City. The area is known for its rising atmosphere and a real estate market that features a blend of historic cooperatives and traditional multi-family residences.
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Live data from RLS at REBNY • Updated 3/2/26, 1:05 PM EST
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Location
1961 Wallace Avenue, Van Nest, Bronx County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Compass - Susan Chung
Listing Contact: (347) 268-3389
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 3/2/2026 at 6:05 PM UTC