$34,978,000.00 · DOF market valueWhole tax lot · BBL 1008920025
FY2026–27 final assessment roll · Extract 2026-05-15
+6.2% change in DOF market value from the prior year.
- Land value
- $4,770,000.00
- Building/improvement value
- $30,208,000.00
- Actual assessed value
- $15,740,100.00
- Assessed land
- $2,146,500.00
- Transitional assessed value
- $14,225,760.00
- Actual assessed-value exemptions
- $84,264.00
- Billable assessment before exemptions
- $14,225,760.00
- Billable assessed-value exemptions
- $84,021.00
- Taxable assessment after exemptions
- $14,141,739.00
- FY2025–26 DOF market value
- $32,926,000.00
- Prior-year actual assessed value
- $14,816,700.00
- Prior-year taxable assessment
- $13,406,402.00
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) ↗$1,529,578.76/yr · $127,464.90/mo equivalentWhole tax lot · BBL 1008920025
FY2026–27 · DOF statement 2026-08-15 · 273 LEXINGTON AVENUE
The printed annual tax already deducts $212,287.40 in abatements and/or STAR.
The calculation deducts $40,536.00 in assessed-value exemptions before applying the tax rate.
The calculation deducts $181,959.00 in assessed-value reductions before applying the tax rate.
- Billable assessment on this statement
- $14,225,760.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $1,741,866.16
- Monthly equivalent before abatements/STAR
- $145,155.51
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: $34,978,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 5 units $1,112.16
Enhanced Star - School Tax Relief 5 units $3,009.28
Co-op/Condo Abatement 79 units $208,165.96
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: $14,225,760.00
minus reductions: – $181,959.00
minus exemptions: – $40,536.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $212,287.40
Annual property tax: $1,529,578.76
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.