305 CANAL STREET

FY2027 · Published July 24, 2026 · Exact co-op tax lot 1002310003. These apartment values are separate from the ordinary whole-building assessment.

DOF publishes individual values for selected co-op developments. Missing apartments remain unverified. A value on this roll is not a resale appraisal, a separate apartment tax bill, or proof that a surcharge is owed.

FY2026–27 final assessment roll · Extract 2026-05-15

+5.4% change in DOF market value from the prior year.

Land value

$2,940,000.00

Building/improvement value

$7,895,000.00

Actual assessed value

$4,875,750.00

Assessed land

$1,323,000.00

Transitional assessed value

$1,250,999.00

Actual assessed-value exemptions

$0.00

Billable assessment before exemptions

$1,250,999.00

Billable assessed-value exemptions

$0.00

Taxable assessment after exemptions

$1,250,999.00

FY2025–26 DOF market value

$10,276,000.00

Prior-year actual assessed value

$4,624,200.00

Prior-year taxable assessment

$1,158,335.00

DOF values are used for property taxation. Condo and co-op tax valuations can differ substantially from sale prices. This is a tax-purpose estimate; comparable sales remain a separate valuation source. Roll exemptions can include STAR under DOF’s published layout.

These values cover the whole tax lot and do not value individual co-op shares.

FY2026–27 · DOF statement 2026-08-15 · 305 CANAL ST.

The printed annual tax already deducts $20,424.00 in abatements and/or STAR.

Billable assessment on this statement

$1,250,999.00

Tax rate on this statement

12.4390%

Annual tax before abatements/STAR

$155,611.80

Monthly equivalent before abatements/STAR

$12,967.65

The before-abatement amount adds the printed deduction back to the annual tax, holding the assessment and rate unchanged. It does not predict benefit expiration, future taxes or a buyer’s eligibility.

DOF tax-purpose market value on this statement: $10,835,000.00.

Co-op/Condo Abatement 3 units $20,424.00

This covers the whole tax lot. Co-op building taxes cannot be added to an apartment’s maintenance or divided among its units.

How we calculate your annual taxes:
Billable assessed value: $1,250,999.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $20,424.00
Annual property tax: $135,187.80

No supported financial amounts were returned in this source snapshot. This does not establish zero costs, no benefit, no debt or no penalties.

Balances retain the source’s reported status and observation date. An imposed penalty is not an additional amount to add to its balance due.

Source updated 2026-10-17 · collected 2026-10-17.

FY2027 2Q source abatement terms, dated 2026-08-15. Dates and amounts do not guarantee eligibility after purchase. Per-cycle amounts are not annualized; overlapping calculations are not summed.

Published benefit amounts and dates do not guarantee eligibility after a purchase. An end date alone does not establish the future tax bill; assessment, tax rate and other benefits may change.

Source updated 2026-10-05 · collected 2026-10-09.

No supported financial amounts were returned in this source snapshot. This does not establish zero costs, no benefit, no debt or no penalties.

Published benefit amounts and dates do not guarantee eligibility after a purchase. An end date alone does not establish the future tax bill; assessment, tax rate and other benefits may change.

Source publication date not provided · collected 2026-10-17.

Source updated 2026-08-15 · collected 2026-10-13.

No supported financial amounts were returned in this source snapshot. This does not establish zero costs, no benefit, no debt or no penalties.

Reported energy figures may cover several buildings or lots. They are not verified LL97 emissions, a penalty calculation, or this apartment’s utility bill.

Source updated 2025-11-25 · collected 2026-10-17.

Up to 30 most recent distinct filings from the past five years; this is not a complete capital-work inventory.

Declared job estimates are not actual spending or approved assessments. Repeated permit rows for the same filing are counted once; separate job filings may still describe related work.

Source publication date not provided.