$73,224,000.00 · DOF market valueWhole tax lot · BBL 3072730050
FY2026–27 final assessment roll · Extract 2026-05-15
+2.4% change in DOF market value from the prior year.
- Land value
- $5,211,000.00
- Building/improvement value
- $68,013,000.00
- Actual assessed value
- $32,950,800.00
- Assessed land
- $2,344,950.00
- Transitional assessed value
- $32,053,590.00
- Actual assessed-value exemptions
- $2,717,978.00
- Billable assessment before exemptions
- $32,053,590.00
- Billable assessed-value exemptions
- $2,671,519.00
- Taxable assessment after exemptions
- $29,382,071.00
- FY2025–26 DOF market value
- $71,524,000.00
- Prior-year actual assessed value
- $32,185,800.00
- Prior-year taxable assessment
- $27,605,808.00
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) ↗$2,942,658.32/yr · $245,221.53/mo equivalentWhole tax lot · BBL 3072730050
FY2026–27 · DOF statement 2026-08-15 · 2940 W. 5TH ST.
The printed annual tax already deducts $819,571.48 in abatements and/or STAR.
The calculation deducts $1,808,154.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $32,053,590.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $3,762,229.80
- Monthly equivalent before abatements/STAR
- $313,519.15
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: $73,224,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 48 units $12,268.84
Enhanced Star - School Tax Relief 110 units $77,585.76
Co-op/Condo Abatement 511 units $729,716.88
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: $32,053,590.00
minus exemptions: – $1,808,154.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $819,571.48
Annual property tax: $2,942,658.32
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.