$5,566,000.00 · DOF market valueWhole tax lot · BBL 4013140011
FY2026–27 final assessment roll · Extract 2026-05-15
+4.2% change in DOF market value from the prior year.
- Land value
- $1,449,000.00
- Building/improvement value
- $4,117,000.00
- Actual assessed value
- $2,504,700.00
- Assessed land
- $652,050.00
- Transitional assessed value
- $2,336,040.00
- Actual assessed-value exemptions
- $133,050.00
- Billable assessment before exemptions
- $2,336,040.00
- Billable assessed-value exemptions
- $130,781.00
- Taxable assessment after exemptions
- $2,205,259.00
- FY2025–26 DOF market value
- $5,343,000.00
- Prior-year actual assessed value
- $2,404,350.00
- Prior-year taxable assessment
- $2,172,259.00
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) ↗$173,733.64/yr · $14,477.80/mo equivalentWhole tax lot · BBL 4013140011
FY2026–27 · DOF statement 2026-08-15 · 41-31 51ST ST.
The printed annual tax already deducts $112,936.68 in abatements and/or STAR.
The calculation deducts $31,431.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $2,336,040.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $286,670.32
- Monthly equivalent before abatements/STAR
- $23,889.19
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: $5,566,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 13 units $3,497.00
Enhanced Star - School Tax Relief 10 units $6,470.00
Co-op/Condo Abatement 65 units $56,087.00
J51 Abatement $46,882.68
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: $2,336,040.00
minus exemptions: – $31,431.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $112,936.68
Annual property tax: $173,733.64
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.