3044 Wallace Avenue

Bronx, NY

BBL 2-04571-0022BIN 2055642

Concern level4 of 4

Severe

0111 open class-C HPD violations (immediately hazardous) — about 1 per 2 apartments
028 of those issued in the last 3 years
031 open rent-impairing violation(s)
047 active DOB violation(s)
052 evictions executed in the last 3 years

How this is set: open hazardous violations measured against the building's size, then raised by strong distress signals — HPD's enforcement program, court harassment findings, recent evictions, unpaid DOB fines, open housing-court cases, and a sold tax lien. Neighborhood noise and crime are not part of it. It describes the public record, not the condition of any one apartment, and a quiet record is not proof of a good building.

HPD enforcement

Previously in HPD's Alternative Enforcement Program (AEP Round 19), discharged 2026-05-30.

Rent regulation

Likely rent-stabilized

The owner registered 26 stabilized units with New York State for 2023 — essentially all of the building's 26 apartments.

2018 — 27 units registered2023 — 26

No public data says which specific apartment is stabilized.

Registration counts apply to the building, not to unit numbers. To confirm your own apartment, request your rent history from New York State Homes and Community Renewal — it is free and takes a few weeks.

How to request your rent history →

Rent regulation

The building

1926

Built

Floors

Residential units

Walk-up apartments

Type

The building

This building and the landlord's others

This building

HPD housing-maintenance violations

Open now

455

On record

Open Class C

Open Class B

Open Class A

Class C is immediately hazardous, Class B is hazardous, Class A is non-hazardous. A violation stays open until HPD certifies the repair, so some open items may already be fixed.

CLASS C · IMMEDIATELY HAZARDOUSApt 1AIssued 2026-09-11

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1A, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 1AIssued 2026-09-11

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 1A, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 1DIssued 2026-08-10

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 1D, 1st STORY, 2nd APARTMENT FROM NORTH AT EAST

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 1DIssued 2026-08-10

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1D, 1st STORY, 2nd APARTMENT FROM NORTH AT EAST

Status: Notice issued, not yet certified

HPD housing-maintenance violations

311 complaints from tenants

198

All time

Last 12 months

Heat/Hot Water39

Plumbing36

Paint/Plaster34

Unsanitary Condition23

Door/Window21

Water Leak17

Electric12

Flooring/Stairs11

Complaints record what a tenant reported, not a finding by the city. "Closed" often means the inspector could not gain access.

311 complaints from tenants

Neighborhood noise

Higher than averagevs. NYC apartment blocks

576

Noise reports · last 12 mo

≈ per month

% from neighbors

Residential271

Unspecified190

Street/Sidewalk81

Vehicle22

Commercial10

Helicopter2

311 noise complaints within about 1,000 ft (a few blocks) in the last year. Most reports here are about outdoor noise (mostly residential) — street life and traffic more than neighbors. This counts how often people call 311, which tracks how densely populated and busy an area is as much as how loud it is — it is not a sound measurement.

Neighborhood noise

Neighborhood crime

Higher than averagevs. NYC apartment blocks

347

NYPD reports · last 12 mo

≈ per month

Felony117

Misdemeanor171

Violation59

NYPD complaints reported within about 1,000 ft (a few blocks) in the last year, by severity. This reflects what gets reported and where police are active as much as actual safety, and busier, denser, higher-foot-traffic blocks log more. Locations are approximate — the NYPD shifts each report to the nearest corner for privacy — so read this as rough context, not a safety score.

Neighborhood crime

Bedbug history

No bedbugs reported

The owner filed 8 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

Bedbug history

DOB building violations

Active

On record

Active, last 3 yrs

ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED2025-11-14

VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION

ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED2023-06-30

VIOLATION ISSUED-FAILURE TO FILE 2021 EXTERNAL LOW PRESSURE INSPECTION

ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED2019-11-08

VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2017 INSPECTION REPORT

DOB building violations

Evictions

Executed, all time

Last 3 years

2026-05-29Apt 2Eresidential

2024-10-25Apt # 1Aresidential

Executed by a city marshal. An eviction can be lawful; a high or rising count is a displacement signal, not proof of wrongdoing.

Evictions

Housing court

Cases on record

Open now

Tenant-brought

Harassment found

With a judgment

Most cases are tenants taking the owner to court to force repairs. A case is not proof of wrongdoing; a harassment finding or judgment is a court ruling against the owner.

CLOSEDOpened 2026-07-14

Tenant action

CLOSEDOpened 2025-10-03

Tenant action

CLOSEDOpened 2024-05-17

Tenant action

CLOSEDOpened 2023-03-06

Tenant action

Housing court

Landlord and related buildings

Registered owner

3044 WALLACE REALTY LLC

Head officer

JONATHAN COREN

Managing agent

OTB MGT

No other buildings found sharing this building's registered contact.

Landlord and related buildings

Unpaid city fines

No DOB/ECB violations on record for this building.

Unpaid city fines

Ownership & money

Speculation watch

·Bought and resold within a few years — rapid turnover is a common speculation signal

A pattern, not a prediction — many transfers are ordinary or between related companies.

Recorded sales

Mortgages / refinances

Last recorded sale2006-11-21 · $1,925,000

Most recent mortgage2018-12-07 · $1,079,288.17

Mortgage2018-12-07$1,079,288.17

borrower 3044 WALLACE REALTY LLC · lender GREYSTONE SERVICING CORPORATION, INC.

Mortgage2014-09-18$355,779.61

borrower 3044 WALLACE REALTY LLC · lender CUSTOMERS BANK

Sale2006-11-21$1,925,000

3044 WALLACE LLC → 3044 WALLACE REALTY LLC

Mortgage2005-12-28$550,000

borrower HOLLAND AVENUE LLC, 3044 WALLACE LLC, 264 EAST 199TH STREET REALTY LLC, 115 EAST MOSHOLU PARKWAY LLC, 4359 FURMAN AVENUE, 3525 DECATUR AVENUE LLC · lender BRONX 5 FUNDING ASSOCIATES

Mortgage2005-01-07$770,658.98

borrower 3044 WALLACE LLC · lender INDEPENDENCE COMMUNITY BANK

From ACRIS recorded documents. Amounts are often $0 or nominal for transfers between related parties, and LLCs can obscure who is really involved — treat this as public-record context, not a valuation.

Ownership & money

City debt & tax-lien sale

Not on the city's tax-lien sale list (2019–2025). The owner has not fallen far enough behind on property tax or water charges to be flagged for a lien sale.

City debt & tax-lien sale