Bronx  »  10468  »  E 198th St  »  1 E 198th St

1 East 198th Street, Bronx, NY 10468 - Property report

Also known as: 1 E 198th St

Property image for 1 East 198th Street, Bronx, NY 10468
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1941

Lot sq. ft.

13,500

Sale price

$6,192,263

General information

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Address
Primary address
1 East 198th Street
Alternate address(es)
2850 Jerome Ave
ZIP code
10468
Neighborhood
Bedford Park
Borough
Bronx
Block & lot
03319-0029

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
58,962
Building dimensions
156 ft x 101 ft
Buildings on lot
1
Stories
6
Year built
1941
Building material
Sales
Sale date
09/08/2014
Sale price
$6,192,263
Tax
Tax year
2026-2027
Property tax
$174,599
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
71
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
156 ft x 111 ft
Lot sq. ft.
13,500

Area overview

Walk score
80 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
10
Community district
7
Closest police station
0.94 Miles
Closest fire station
0.29 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 1 East 198th Street, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 East 198th Street, Bronx, NY 10468

Sale date Sale price Buyer name Seller name
09/08/2014 $6,192,263 XXXXXXXX, XXXX XXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/31/2026 - R UCC3 Termination
(2026072800657001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
08/03/2026 - R
07/22/2026 - D
Satisfaction of Mortgage
(2026072800637001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
06/03/2026 - R UCC3 Continuation
(2026060200715001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
06/15/2021 - R UCC3 Continuation
(2021061500534001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
06/17/2016 - R Initial UCC1
(2016060901296001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
06/21/2016 - R
06/02/2016 - D
Mortgage
(2016060901157001)
XXXXX XXXXXXXXXX XXXXX XXX XXXXXXX XXXX
06/21/2016 - R
05/27/2016 - D
Satisfaction of Mortgage
(2016060901157002)
XXXXXXXX XXXX XXXXXXXX XXXXXXX
01/12/2015 - R
12/10/2014 - D
Deed
(2015010700633001)
XXXXXXXX XXXX XXXXX XXXXXXXXXX XXXXX XXX
10/07/2014 - R
09/08/2014 - D
Mortgage
(2014091800580002)
XXXXXXXX XXXX XXXXXXXX XXXXXXX
10/07/2014 - R
09/08/2014 - D
Deed
(2014091800580001)
XXXXXXXX XXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 East 198th Street, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$174,599
Municipal exemptions
Recent tax assessments
Market value
$3,185,000
Assessed value
$1,433,250

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $3,090,000 $1,390,500 $1,371,240 12.439% $170,569 $170,569 +9.31%
2024/25 $2,774,000 $1,248,300 $1,248,300 12.5% $156,038 $156,038 -10.70%
2023/24 $3,174,000 $1,428,300 $1,397,700 12.502% $174,740 $174,740 +3.41%
2022/23 $3,373,000 $1,517,850 $1,377,450 12.267% $168,972 $168,972 +8.64%
2021/22 $2,825,000 $1,271,250 $1,271,250 12.235% $155,537 $155,537 +6.16%
2020/21 $3,124,000 $1,405,800 $1,194,390 12.267% $146,516 $146,516 +9.72%
2019/20 $3,034,000 $1,365,300 $1,070,640 12.473% $133,541 $133,541 +12.25%
2018/19 $2,949,000 $1,327,050 $943,290 12.612% $118,968 $118,968 +14.74%
2017/18 $2,297,000 $1,033,650 $815,220 12.719% $103,688 $103,688 +9.81%
2016/17 $1,867,000 $840,150 $732,420 12.892% $94,424 $94,424 +8.25%

Permit information for 1 East 198th Street, Bronx, NY

Filing date Job type Job status Job description Initial cost
06/25/2026 Alteration
10/30/2025 Alteration
05/17/2016 Alteration type 3
09/08/2011 Alteration type 3
08/26/2011 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/08/2024 C-construction other optional
06/20/2023 Lblvio-low pressure boiler boiler required
03/05/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Jerome Ave & Bedford Park Blvd at SW Corner
Station lines
4
Distance (miles)
0.206

Access the detailed traffic volume map for 1 East 198th Street, Bronx, NY 10468 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 1 East 198th Street, Bronx, NY 10468?

The development at 1 East 198th Street, Bronx, NY 10468 was built in 1941.

What is the market value of 1 East 198th Street, Bronx, NY 10468?

The current market value of 1 East 198th Street, Bronx, NY 10468 is $3,185,000.

What is the total square footage of 1 East 198th Street, Bronx, NY 10468?

1 East 198th Street, Bronx, NY 10468 has a total of 58,962 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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