$36,082,000.00 · DOF market valueWhole tax lot · BBL 4021620122
FY2026–27 final assessment roll · Extract 2026-05-15
+3.6% change in DOF market value from the prior year.
- Land value
- $11,998,000.00
- Building/improvement value
- $24,084,000.00
- Actual assessed value
- $16,236,900.00
- Assessed land
- $5,399,100.00
- Transitional assessed value
- $15,367,860.00
- Actual assessed-value exemptions
- $839,089.00
- Billable assessment before exemptions
- $15,367,860.00
- Billable assessed-value exemptions
- $820,552.00
- Taxable assessment after exemptions
- $14,547,308.00
- FY2025–26 DOF market value
- $34,822,000.00
- Prior-year actual assessed value
- $15,669,900.00
- Prior-year taxable assessment
- $14,064,301.00
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) ↗$1,411,346.84/yr · $117,612.24/mo equivalentWhole tax lot · BBL 4021620122
FY2026–27 · DOF statement 2026-08-15 · 61-20 GRAND CENTRAL PKWY.
The printed annual tax already deducts $459,490.96 in abatements and/or STAR.
The calculation deducts $327,762.00 in assessed-value exemptions before applying the tax rate.
- Billable assessment on this statement
- $15,367,860.00
- Tax rate on this statement
- 12.4390%
- Annual tax before abatements/STAR
- $1,870,837.80
- Monthly equivalent before abatements/STAR
- $155,903.15
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: $36,082,000.00.
Named benefits on the statement
Basic Star - School Tax Relief 72 units $19,368.00
Enhanced Star - School Tax Relief 47 units $30,409.00
Co-op/Condo Abatement 335 units $398,288.88
Solar $11,425.08
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: $15,367,860.00
minus exemptions: – $327,762.00
times the current tax rate: x 12.4390%
minus abatements and/or STAR: – $459,490.96
Annual property tax: $1,411,346.84
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.