$37,045,000.00 · DOF market valueWhole tax lot · BBL 4020930245
FY2026–27 final assessment roll · Extract 2026-05-15
+11.2% change in DOF market value from the prior year.
- Land value
- $6,105,000.00
- Building/improvement value
- $30,940,000.00
- Actual assessed value
- $16,670,250.00
- Assessed land
- $2,747,250.00
- Transitional assessed value
- $14,909,310.00
- Actual assessed-value exemptions
- $631,188.00
- Billable assessment before exemptions
- $14,909,310.00
- Billable assessed-value exemptions
- $610,911.00
- Taxable assessment after exemptions
- $14,298,399.00
- FY2025–26 DOF market value
- $33,303,000.00
- Prior-year actual assessed value
- $14,986,350.00
- Prior-year taxable assessment
- $13,748,281.00
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) ↗$1,426,653.92/yr · $118,887.83/mo equivalentWhole tax lot · BBL 4020930245
FY2026–27 · DOF statement 2026-08-15 · 61-25 98TH ST.
The printed annual tax already deducts $396,348.72 in abatements and/or STAR.
The calculation deducts $253,770.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $14,909,310.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $1,823,002.64
- Monthly equivalent before abatements/STAR
- $151,916.89
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: $37,045,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 37 units $10,386.40
Enhanced Star - School Tax Relief 44 units $26,861.76
Co-op/Condo Abatement 302 units $359,100.56
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: $14,909,310.00
minus exemptions: – $253,770.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $396,348.72
Annual property tax: $1,426,653.92
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.