$19,996,000.00 · DOF market valueWhole tax lot · BBL 4021560014
FY2026–27 final assessment roll · Extract 2026-05-15
+3.6% change in DOF market value from the prior year.
- Land value
- $4,163,000.00
- Building/improvement value
- $15,833,000.00
- Actual assessed value
- $8,998,200.00
- Assessed land
- $1,873,350.00
- Transitional assessed value
- $8,767,980.00
- Actual assessed-value exemptions
- $370,168.00
- Billable assessment before exemptions
- $8,767,980.00
- Billable assessed-value exemptions
- $367,189.00
- Taxable assessment after exemptions
- $8,400,791.00
- FY2025–26 DOF market value
- $19,292,000.00
- Prior-year actual assessed value
- $8,681,400.00
- Prior-year taxable assessment
- $8,349,544.00
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) ↗$767,107.08/yr · $63,925.59/mo equivalentWhole tax lot · BBL 4021560014
FY2026–27 · DOF statement 2026-08-15 · 67-38 108TH ST.
The printed annual tax already deducts $305,809.68 in abatements and/or STAR.
The calculation deducts $142,554.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $8,767,980.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $1,072,916.76
- Monthly equivalent before abatements/STAR
- $89,409.73
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: $19,996,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 32 units $8,608.00
Enhanced Star - School Tax Relief 27 units $17,469.00
Co-op/Condo Abatement 192 units $276,529.48
J51 Abatement $3,203.20
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: $8,767,980.00
minus exemptions: – $142,554.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $305,809.68
Annual property tax: $767,107.08
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.