$14,831,000.00 · DOF market valueWhole tax lot · BBL 4014460045
FY2026–27 final assessment roll · Extract 2026-05-15
+18.8% change in DOF market value from the prior year.
- Land value
- $2,000,000.00
- Building/improvement value
- $12,831,000.00
- Actual assessed value
- $6,673,950.00
- Assessed land
- $900,000.00
- Transitional assessed value
- $5,703,020.00
- Actual assessed-value exemptions
- $2,227,697.00
- Billable assessment before exemptions
- $5,703,020.00
- Billable assessed-value exemptions
- $1,923,356.00
- Taxable assessment after exemptions
- $3,779,664.00
- FY2025–26 DOF market value
- $12,484,000.00
- Prior-year actual assessed value
- $5,617,800.00
- Prior-year taxable assessment
- $3,054,958.00
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) ↗$463,569.48/yr · $38,630.79/mo equivalentWhole tax lot · BBL 4014460045
FY2026–27 · DOF statement 2026-08-15 · 34-41 85TH ST.
The printed annual tax already deducts $29,874.96 in abatements and/or STAR.
The calculation deducts $1,736,106.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $5,703,020.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $493,444.44
- Monthly equivalent before abatements/STAR
- $41,120.37
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: $14,831,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 15 units $4,035.00
Enhanced Star - School Tax Relief 25 units $16,175.00
J51 Abatement $9,664.96
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: $5,703,020.00
minus exemptions: – $1,736,106.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $29,874.96
Annual property tax: $463,569.48
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.