3039 Wallace Avenue

Owner: Ved Parkash

Debt: March 29, 2024, $5.1 million

Built: 1929

SF: 52,980

Dwelling units: 60

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

• Ved Parkash borrowed $5.1 million from Webster Bank for 3039 Wallace Avenue, Williamsbridge, Bronx on March 29, 2024.

Development:

• Balwinder Singh filed plans for A3 in Williamsbridge, Bronx, on May 04, 2016.

• Rohel Butt filed plans for A3 in Williamsbridge, Bronx, on May 25, 2016.

Violations:

According to city public data, the properties have received one DOB violation, $20,000 in ECB penalties, 31 housing violations, $20,000 in OATH penalties, and two housing litigations in the last year.