$286,339,000.00 · DOF market valueWhole tax lot · BBL 1013670001
FY2026–27 final assessment roll · Extract 2026-05-15
+12.7% change in DOF market value from the prior year.
- Land value
- $34,103,000.00
- Building/improvement value
- $252,236,000.00
- Actual assessed value
- $128,852,550.00
- Assessed land
- $15,346,350.00
- Transitional assessed value
- $111,557,790.00
- Actual assessed-value exemptions
- $1,435,063.00
- Billable assessment before exemptions
- $111,557,790.00
- Billable assessed-value exemptions
- $1,357,369.00
- Taxable assessment after exemptions
- $110,200,421.00
- FY2025–26 DOF market value
- $254,132,000.00
- Prior-year actual assessed value
- $114,359,400.00
- Prior-year taxable assessment
- $104,079,751.00
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) ↗$11,959,983.76/yr · $996,665.31/mo equivalentWhole tax lot · BBL 1013670001
FY2026–27 · DOF statement 2026-08-15 · 400 E. 56TH ST.
The printed annual tax already deducts $1,789,802.12 in abatements and/or STAR.
The calculation deducts $1,020,079.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $111,557,790.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $13,749,785.88
- Monthly equivalent before abatements/STAR
- $1,145,815.49
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: $286,339,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 32 units $8,608.00
Enhanced Star - School Tax Relief 40 units $25,880.00
Co-op/Condo Abatement 453 units $1,755,314.12
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: $111,557,790.00
minus exemptions: – $1,020,079.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $1,789,802.12
Annual property tax: $11,959,983.76
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.