$98,185,000.00 · DOF market valueWhole tax lot · BBL 1014210001
FY2026–27 final assessment roll · Extract 2026-05-15
+4.1% change in DOF market value from the prior year.
- Land value
- $8,860,000.00
- Building/improvement value
- $89,325,000.00
- Actual assessed value
- $44,183,250.00
- Assessed land
- $3,987,000.00
- Transitional assessed value
- $41,293,440.00
- Actual assessed-value exemptions
- $857,428.00
- Billable assessment before exemptions
- $41,293,440.00
- Billable assessed-value exemptions
- $817,778.00
- Taxable assessment after exemptions
- $40,475,662.00
- FY2025–26 DOF market value
- $94,338,000.00
- Prior-year actual assessed value
- $42,452,100.00
- Prior-year taxable assessment
- $39,040,898.00
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) ↗$4,502,217.04/yr · $375,184.75/mo equivalentWhole tax lot · BBL 1014210001
FY2026–27 · DOF statement 2026-08-15 · 1131 3RD AVE.
The printed annual tax already deducts $553,950.64 in abatements and/or STAR.
The calculation deducts $645,738.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $41,293,440.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $5,056,167.68
- Monthly equivalent before abatements/STAR
- $421,347.31
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: $98,185,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 20 units $5,380.00
Enhanced Star - School Tax Relief 19 units $12,293.00
Co-op/Condo Abatement 212 units $543,852.20
Restore Taxes -4113 -$3,029.80
Restore Taxes -4180 -$4,544.76
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: $41,293,440.00
minus exemptions: – $645,738.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $553,950.64
Annual property tax: $4,502,217.04
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.