Victorian-Style 4-Unit Multifamily
330 E 198th Street Bronx, NY 10458
330 E 198th Street, Bronx, NY, 10458
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Victorian - Bronx, NY
Property Size4,439 SF
Lot Size0.06 Acres
Price / SF$270.33
Days on Market12
Property Features for 330 E 198th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bedroom 8, Bathroom 1, Basement, Bedroom 10, Bathroom 3, Bedroom 7, Bedroom 9, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 12, Dining Room, Bedroom 11, Bedroom 6, Bedroom 3, Bathroom 6
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 03289-0028
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8538
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Brick
- Architectural style
- Victorian
Listing Agency
Voro LLC
(877) 943-8676
1129 Northern Blvd Ste 404, Great Neck, NY
Listed by
Rahul Jaggi
(516) 996-3633
Added: Jul 7 Checked: Jul 18 at 5:06 am
MLS# 1020822
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Victorian-style brick multifamily property totals 4,439 sq. ft. and is configured as four separate income-generating units. The home has been modernized inside while retaining classic architectural character on the exterior. In addition to its original-style details such as exposed brick, decorative fireplace mantels, bay windows, and hardwood flooring, the units feature extensively renovated finishes throughout. Updated kitchens include shaker cabinetry, quartz countertops, tile backsplashes, and stainless steel appliances. The property overall provides 12 bedrooms and 6 bathrooms, with further interior upgrades such as dual vanities, mosaic tile work, and updated hardware. Outside, the home offers stone steps and iron fencing, along with a fully paved, low-maintenance concrete rear courtyard.
Located in the Bronx at 330 E 198th Street, the property is presented as a convenient base for daily needs, with access to public transit options, schools, local shopping corridors, dining, and neighborhood parks noted in the materials.
For tenants, the layout supports a four-household setup within a single, fully updated building. For owner-operators or investors, the property is described as turn-key, with natural gas baseboard heating and public water and sewer connections, supported by a massive updated boiler system. The seller-reported current monthly income is $10,650.
Located in the Bronx at 330 E 198th Street, the property is presented as a convenient base for daily needs, with access to public transit options, schools, local shopping corridors, dining, and neighborhood parks noted in the materials.
For tenants, the layout supports a four-household setup within a single, fully updated building. For owner-operators or investors, the property is described as turn-key, with natural gas baseboard heating and public water and sewer connections, supported by a massive updated boiler system. The seller-reported current monthly income is $10,650.
Key Highlights
- 4‑unit Victorian‑style brick multifamily with 4,439 sq. ft., built in 1910
- Includes 12 bedrooms and 6 bathrooms across the 4 income‑generating units
- Current seller reported monthly income of $10,650
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.1k | $44.40 |
| − Vacancy | −$11.4k | −$2.58 |
| EGI | $185.7k | $41.82 |
| − OpEx | −$83.5k | −$18.82 |
| NOI | $102.1k | $23.00 |
4,439 SF · lease $44.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.88M
NOI $112,758 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.70M
NOI $102,113 @ 7.0% cap · market cap 8.51%
Theoretical Best
Warehouse
$3.08M
$2.69M – $3.59M
NOI $215,314 @ 7.0% cap · market cap 17.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - A renovated Victorian brick four-unit property with 12 bedrooms, 6 baths, and a paved rear courtyard.
Where is this quadplex located?
The property is located at 330 E 198th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4‑unit Victorian‑style brick multifamily with 4,439 sq. ft., built in 1910; Includes 12 bedrooms and 6 bathrooms across the 4 income‑generating units; Current seller reported monthly income of $10,650
