$5,253,000.00 · DOF market valueWhole tax lot · BBL 4012650058
FY2026–27 final assessment roll · Extract 2026-05-15
+6.5% change in DOF market value from the prior year.
- Land value
- $870,000.00
- Building/improvement value
- $4,383,000.00
- Actual assessed value
- $2,363,850.00
- Assessed land
- $391,500.00
- Transitional assessed value
- $2,168,370.00
- Actual assessed-value exemptions
- $66,735.00
- Billable assessment before exemptions
- $2,168,370.00
- Billable assessed-value exemptions
- $65,199.00
- Taxable assessment after exemptions
- $2,103,171.00
- FY2025–26 DOF market value
- $4,934,000.00
- Prior-year actual assessed value
- $2,220,300.00
- Prior-year taxable assessment
- $1,963,502.00
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) ↗$184,641.12/yr · $15,386.76/mo equivalentWhole tax lot · BBL 4012650058
FY2026–27 · DOF statement 2026-08-15 · 34-21 78TH ST.
The printed annual tax already deducts $82,732.96 in abatements and/or STAR.
The calculation deducts $18,888.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $2,168,370.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $267,374.08
- Monthly equivalent before abatements/STAR
- $22,281.17
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: $5,253,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 7 units $2,244.16
Enhanced Star - School Tax Relief 3 units $2,923.72
Co-op/Condo Abatement 53 units $57,439.48
J51 Abatement $20,125.60
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: $2,168,370.00
minus exemptions: – $18,888.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $82,732.96
Annual property tax: $184,641.12
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.