$35,134,000.00 · DOF market valueWhole tax lot · BBL 4001280007
FY2026–27 final assessment roll · Extract 2026-05-15
-9.1% change in DOF market value from the prior year.
- Land value
- $8,260,000.00
- Building/improvement value
- $26,874,000.00
- Actual assessed value
- $15,810,300.00
- Assessed land
- $3,717,000.00
- Transitional assessed value
- $16,759,980.00
- Actual assessed-value exemptions
- $697,660.00
- Billable assessment before exemptions
- $15,810,300.00
- Billable assessed-value exemptions
- $697,660.00
- Taxable assessment after exemptions
- $15,112,640.00
- FY2025–26 DOF market value
- $38,645,000.00
- Prior-year actual assessed value
- $17,390,250.00
- Prior-year taxable assessment
- $16,050,222.00
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) ↗$1,469,935.28/yr · $122,494.61/mo equivalentWhole tax lot · BBL 4001280007
FY2026–27 · DOF statement 2026-08-15 · 39-25 51ST ST.
The printed annual tax already deducts $459,719.36 in abatements and/or STAR.
The calculation deducts $297,360.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $15,810,300.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $1,929,654.64
- Monthly equivalent before abatements/STAR
- $160,804.55
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: $35,134,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 69 units $18,561.00
Enhanced Star - School Tax Relief 39 units $25,233.00
Co-op/Condo Abatement 335 units $415,925.36
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: $15,810,300.00
minus exemptions: – $297,360.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $459,719.36
Annual property tax: $1,469,935.28
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.