439 LAFAYETTE STREET

FY2027 · Published July 24, 2026 · Exact co-op tax lot 1005440020. 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

-4.4% change in DOF market value from the prior year.

Land value

$2,950,000.00

Building/improvement value

$11,615,000.00

Actual assessed value

$6,554,250.00

Assessed land

$1,327,500.00

Transitional assessed value

$1,876,661.00

Actual assessed-value exemptions

$8,820.00

Billable assessment before exemptions

$1,876,661.00

Billable assessed-value exemptions

$8,820.00

Taxable assessment after exemptions

$1,867,841.00

FY2025–26 DOF market value

$15,229,000.00

Prior-year actual assessed value

$6,853,050.00

Prior-year taxable assessment

$1,749,375.00

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 · 439 LAFAYETTE ST.

The printed annual tax already deducts $31,853.32 in abatements and/or STAR.

Billable assessment on this statement

$1,876,661.00

Tax rate on this statement

12.4390%

Annual tax before abatements/STAR

$233,437.88

Monthly equivalent before abatements/STAR

$19,453.16

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: $14,565,000.00.

Basic Star - School Tax Relief 1 unit $269.00
Enhanced Star - School Tax Relief 1 unit $647.00
Co-op/Condo Abatement 5 units $30,937.32

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: $1,876,661.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $31,853.32
Annual property tax: $201,584.56

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.

Source updated 2026-08-15 · collected 2026-10-12.