$69,448,000.00 · DOF market valueWhole tax lot · BBL 3072730025
FY2026–27 final assessment roll · Extract 2026-05-15
+1.2% change in DOF market value from the prior year.
- Land value
- $5,400,000.00
- Building/improvement value
- $64,048,000.00
- Actual assessed value
- $31,251,600.00
- Assessed land
- $2,430,000.00
- Transitional assessed value
- $30,494,610.00
- Actual assessed-value exemptions
- $2,585,785.00
- Billable assessment before exemptions
- $30,494,610.00
- Billable assessed-value exemptions
- $2,541,588.00
- Taxable assessment after exemptions
- $27,953,022.00
- FY2025–26 DOF market value
- $68,638,000.00
- Prior-year actual assessed value
- $30,887,100.00
- Prior-year taxable assessment
- $26,286,383.00
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) ↗$2,802,485.12/yr · $233,540.43/mo equivalentWhole tax lot · BBL 3072730025
FY2026–27 · DOF statement 2026-08-15 · 2928 W. 5TH ST.
The printed annual tax already deducts $776,762.12 in abatements and/or STAR.
The calculation deducts $1,720,213.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $30,494,610.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $3,579,247.24
- Monthly equivalent before abatements/STAR
- $298,270.60
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: $69,448,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 41 units $11,672.16
Enhanced Star - School Tax Relief 124 units $73,812.24
Co-op/Condo Abatement 504 units $694,225.92
Restore Taxes -4180 -$2,948.20
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: $30,494,610.00
minus exemptions: – $1,720,213.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $776,762.12
Annual property tax: $2,802,485.12
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.