Calculating Your Property Taxes

NYC property owners receive a property tax bill from Finance a few times a year. This section will help you understand how your property is valued and how those values are used to calculate your property taxes.

How we get to your Property Tax Bill:

  1. Determining your market value 
  2. Determining your assessed value
  3. Determining your transitional value (Tax Class 2, 3 and 4 only)
  4. Apply Exemptions 

For more information download the Class 1 and Class 2 property tax guides.

View Tax Bills

Additional Information