$175,743,000.00 · DOF market valueWhole tax lot · BBL 1003150001
FY2026–27 final assessment roll · Extract 2026-05-15
+2.4% change in DOF market value from the prior year.
- Land value
- $16,200,000.00
- Building/improvement value
- $159,543,000.00
- Actual assessed value
- $79,084,350.00
- Assessed land
- $7,290,000.00
- Transitional assessed value
- $74,599,935.00
- Actual assessed-value exemptions
- $2,241,251.00
- Billable assessment before exemptions
- $74,599,935.00
- Billable assessed-value exemptions
- $2,174,922.00
- Taxable assessment after exemptions
- $72,425,013.00
- FY2025–26 DOF market value
- $171,561,000.00
- Prior-year actual assessed value
- $77,202,450.00
- Prior-year taxable assessment
- $69,267,826.00
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.
Official DOF final assessment roll (ZIP) ↗$7,656,537.88/yr · $638,044.82/mo equivalentWhole tax lot · BBL 1003150001
FY2026–27 · DOF statement 2026-08-15 · 409 GRAND ST.
The printed annual tax already deducts $1,444,566.20 in abatements and/or STAR.
The calculation deducts $1,434,053.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $74,599,935.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $9,101,104.08
- Monthly equivalent before abatements/STAR
- $758,425.34
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: $175,743,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 81 units $24,856.40
Enhanced Star - School Tax Relief 89 units $57,472.64
Co-op/Condo Abatement 732 units $1,362,237.16
This covers the whole tax lot. Co-op building taxes cannot be added to an apartment’s maintenance or divided among its units.
Read official DOF tax bill ↗How we calculate your annual taxes:
Billable assessed value: $74,599,935.00
minus exemptions: – $1,434,053.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $1,444,566.20
Annual property tax: $7,656,537.88
HOA, common charges and maintenance require documented building or unit evidence. Sales and DOB records do not establish these amounts. A zero property-tax bill does not establish zero PILOT or other ownership charges. Bills may change with tax rates or benefits; monthly figures are annual equivalents.