$0.00 · DOF market valueWhole tax lot · BBL 1015167502
FY2026–27 final assessment roll · Extract 2026-05-15
- Land value
- $0.00
- Building/improvement value
- $0.00
- Actual assessed value
- $0.00
- Assessed land
- $0.00
- Transitional assessed value
- $0.00
- Actual assessed-value exemptions
- $0.00
- Billable assessment before exemptions
- $0.00
- Billable assessed-value exemptions
- $0.00
- Taxable assessment after exemptions
- $0.00
- FY2025–26 DOF market value
- $0.00
- Prior-year actual assessed value
- $0.00
- Prior-year taxable assessment
- $0.00
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) ↗$22,991,000.00 · DOF market valueCondo unit SCHOO · BBL 1015161101
FY2026–27 final assessment roll · Extract 2026-05-15
+2.4% change in DOF market value from the prior year.
- Land value
- $5,700,000.00
- Building/improvement value
- $17,291,000.00
- Actual assessed value
- $10,345,950.00
- Assessed land
- $2,565,000.00
- Transitional assessed value
- $9,829,890.00
- Actual assessed-value exemptions
- $10,345,950.00
- Billable assessment before exemptions
- $10,345,950.00
- Billable assessed-value exemptions
- $10,345,950.00
- Taxable assessment after exemptions
- $0.00
- FY2025–26 DOF market value
- $22,456,000.00
- Prior-year actual assessed value
- $10,105,200.00
- Prior-year taxable assessment
- $0.00
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.
Official DOF final assessment roll (ZIP) ↗$74,011,000.00 · DOF market valueWhole tax lot · BBL 1015161102
FY2026–27 final assessment roll · Extract 2026-05-15
-6.1% change in DOF market value from the prior year.
- Land value
- $5,000,000.00
- Building/improvement value
- $69,011,000.00
- Actual assessed value
- $33,304,950.00
- Assessed land
- $2,250,000.00
- Transitional assessed value
- $30,619,995.00
- Actual assessed-value exemptions
- $322,670.00
- Billable assessment before exemptions
- $30,619,995.00
- Billable assessed-value exemptions
- $308,800.00
- Taxable assessment after exemptions
- $30,311,195.00
- FY2025–26 DOF market value
- $78,851,000.00
- Prior-year actual assessed value
- $35,482,950.00
- Prior-year taxable assessment
- $29,426,108.00
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) ↗$0.00/yr · $0.00/mo equivalentCondo unit SCHOO · BBL 1015161101
FY2026–27 · DOF statement 2026-08-15 · 115 EAST 87 STREET APT SCHOO
The calculation deducts $9,829,890.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $9,829,890.00
- Tax rate on this statement
- 10.8480%
DOF tax-purpose market value on this statement: $22,991,000.00.
Read official DOF tax bill ↗How we calculate your annual taxes:
Billable assessed value: $9,829,890.00
minus exemptions: – $9,829,890.00
times the current tax rate: x 10.8480%
Annual property tax: $0.00
$3,273,544.52/yr · $272,795.38/mo equivalentWhole tax lot · BBL 1015161102
FY2026–27 · DOF statement 2026-08-15 · 115 EAST 87 STREET APT RESID
The printed annual tax already deducts $506,196.76 in abatements and/or STAR.
The calculation deducts $233,780.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $30,619,995.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $3,779,741.28
- Monthly equivalent before abatements/STAR
- $314,978.44
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: $74,011,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 8 units $2,152.00
Enhanced Star - School Tax Relief 8 units $5,176.00
Co-op/Condo Abatement 140 units $498,868.76
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: $30,619,995.00
minus exemptions: – $233,780.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $506,196.76
Annual property tax: $3,273,544.52
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.
Look up this tax lot at DOF ↗