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1 East 198th Street, Bronx, NY 10468 Property Information

Also known as: 2850 Jerome Ave, Bronx, NY 10468

1 East 198th Street, Bronx, NY 10468 Property Information

Also known as: 2850 Jerome Ave, Bronx, NY 10468

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1 East 198th Street, Bronx, NY 10468 2
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Address

Primary address 1 East 198th Street
Secondary address 2850 Jerome Ave
Neighborhood Bedford Park
Zip code 10468
Borough Bronx
Block & lot 03319-0029

Sales & Tax Overview for 1 East 198th Street, Bronx

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/08/2014
Purchase price $6,192,263
Tax class

Lot & Building Information for 1 East 198th Street, Bronx

Lot sq. ft. 13,500
Lot dimensions 156 ft x 111 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 58,962
Building dimensions 156 ft x 101 ft
Buildings on lot 1
Stories 6
Year built 1941
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Zoning & Use for 1 East 198th Street, Bronx

Zoning
Residential units (DOF) 71
Regulatory status Rent stabilized
Stabilized units 67
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 10
Community district 7
Closest police station 0.94 Miles
Closest fire station 0.29 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1 East 198th Street, Bronx

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Floor area ratio (FAR) for 1 East 198th Street, Bronx, NY 10468, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 1 East 198th Street, Bronx, NY 10468, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 2850 Jerome Ave, Bronx, NY 10468

About 1 East 198th Street, Bronx

How many square feet does 1 East 198th Street, Bronx, NY 10468 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 1 East 198th Street, Bronx, NY 10468 has a total of 58,962 square feet.

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

1 East 198th Street, Bronx, NY 10468 was built in 1941 and has a current tax assessor's market value of $3,185,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 1 East 198th Street, Bronx

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Property owner name for 1 East 198th Street, Bronx, NY 10468
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Building contacts for 1 East 198th Street, Bronx, NY 10468
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 1 East 198th Street, Bronx

Create a free account to view the complete sales history for 1 East 198th Street, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
09/08/2014 $6,192,263

Title Documents for 1 East 198th Street, Bronx

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/03/2026 - R UCC3 Continuation
(2026060200715001)
06/15/2021 - R UCC3 Continuation
(2021061500534001)
06/17/2016 - R Initial UCC1
(2016060901296001)
06/21/2016 - R
06/02/2016 - D
Mortgage
(2016060901157001)
06/21/2016 - R
05/27/2016 - D
Satisfaction of Mortgage
(2016060901157002)
01/12/2015 - R
12/10/2014 - D
Deed
(2015010700633001)
10/07/2014 - R
09/08/2014 - D
Mortgage
(2014091800580002)
10/07/2014 - R
09/08/2014 - D
Deed
(2014091800580001)
02/03/2014 - R
09/05/2013 - D
Termination of Assign of L&R
(2014013000920001)
02/24/2014 - R
09/05/2013 - D
Satisfaction of Mortgage
(2014013000763001)
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R: Recorded date
D: Document date

Property Taxes for 1 East 198th Street, Bronx

Access detailed property tax data for 1 East 198th Street, Bronx, NY 10468. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $174,599
Tax assessor's market value: $3,185,000
Assessed value: $1,433,250

Assessment History for 1 East 198th Street, Bronx

Here's the assessment & property tax history for 1 East 198th Street, Bronx, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 1 East 198th Street, Bronx

The complete history of permits filed for 1 East 198th Street, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

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
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Bronx Commercial Market Stats

Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$332
8.3% YoY
Median Price/Sqft Q4/2025
$294
0.8% YoY
Median Price/Sqft 2025
$292
-1.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Jerome Ave & Bedford Park Blvd at SW Corner
Station lines 4
Distance (miles) 0.206
View subway map

Neighbors for 1 East 198th Street, Bronx

Here are the neighbors for 1 East 198th Street, Bronx, NY 10468.

Address Square feet Purchase date Purchase price
17 E 198th St, Bronx 3,214 04/08/2025
2876 Jerome Ave, Bronx 47,544 04/13/2005
15 E 198th St, Bronx 2,568 04/08/2025
2869 Grand Concourse, Bronx 31,500 08/21/2000
17 Minerva Pl, Bronx 2,664 01/20/2017
5 Minerva Pl, Bronx 82,500 07/26/1999
2880 Jerome Ave, Bronx 80,129 10/19/2022
10 Minerva Pl, Bronx 80,085 06/29/2017
2868 Jerome Ave, Bronx 4,600 09/29/2025 $4,100,000
2 Minerva Pl, Bronx 58,232 11/05/2019
2861 Creston Ave, Bronx 18,025 06/29/2021
19 Minerva Pl, Bronx 2,988 05/17/2017
2914 Jerome Ave, Bronx 124,492 04/23/2025 $12,500,000
19 E 198th St, Bronx 60,265 04/07/2026
21 E 198th St, Bronx 10/22/2024 $1,800,000
29 E 198th St, Bronx 7,125 07/15/2004 $310,000
27 E 198th St, Bronx 35,100 12/27/2017
18 Minerva Pl, Bronx 24,900 03/16/2020 $3,500,000
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