$100,495,000.00 · DOF market valueWhole tax lot · BBL 1009300001
FY2026–27 final assessment roll · Extract 2026-05-15
+5.7% change in DOF market value from the prior year.
- Land value
- $12,100,000.00
- Building/improvement value
- $88,395,000.00
- Actual assessed value
- $45,222,750.00
- Assessed land
- $5,445,000.00
- Transitional assessed value
- $41,382,900.00
- Actual assessed-value exemptions
- $576,500.00
- Billable assessment before exemptions
- $41,382,900.00
- Billable assessed-value exemptions
- $553,737.00
- Taxable assessment after exemptions
- $40,829,163.00
- FY2025–26 DOF market value
- $95,102,000.00
- Prior-year actual assessed value
- $42,795,900.00
- Prior-year taxable assessment
- $39,067,797.00
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) ↗$4,336,782.68/yr · $361,398.56/mo equivalentWhole tax lot · BBL 1009300001
FY2026–27 · DOF statement 2026-08-15 · 422 2ND AVE.
The printed annual tax already deducts $777,631.96 in abatements and/or STAR.
The calculation deducts $266,937.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $41,382,900.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $5,114,414.64
- Monthly equivalent before abatements/STAR
- $426,201.22
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: $100,495,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 33 units $8,877.00
Enhanced Star - School Tax Relief 32 units $20,704.00
Co-op/Condo Abatement 324 units $751,170.64
Restore Taxes -4114 -$1,169.88
Restore Taxes -4113 -$1,949.80
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: $41,382,900.00
minus exemptions: – $266,937.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $777,631.96
Annual property tax: $4,336,782.68
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.