The Department of Finance collects property taxes and other property-related charges. It also maintains land title records and tax maps, conducts lien sales, and collects Real Property Transfer and Mortgage Recording Taxes.
Finance values New York City residential and commercial properties. New York State and City real estate law is applied. Tax rates are set each year by the Mayor and City Council. The rates are applied to property values to help determine each homeowner's annual tax liability.
Bills and Payments
Finance mails Statements of Account (SOA) every three or six months showing taxes owed on each property.
Did you know that you can pay your property taxes through your bank's website or an online bill pay site? It's safe, fast, and easy! - Log into your bank or online bill pay website
- Add the new payee: “NYC Department of Finance”— for new payee setup, you will need to enter your billing address and borough, block, and lot, number as it appears on your Statement of Account (property tax bill)
- Schedule your online payment using your checking or savings account
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Bill/Notice Name and Address Change
View/Print Your SOA and Notice of Property Value (NOPV)
Check Your Current Balance and Payment History
Make PaymentsNotice of Property Value
Every January, Finance mails New York City property owners a Notice of Property Value (NOPV). This notice is important because it has information about your property’s market and assessed values. Your property’s value is used to calculate your property taxes for the next tax year.
New York City's Annual Lien Sale
A lien is a legal claim against real property for unpaid property taxes, water, sewer or other property charges, as well as the interest due on these taxes and charges. To prevent the sale of a lien on your property, you must pay the debt or enter into a payment agreement.
Property Information
Access property records, lot information, tax maps, and update account information.
Rates and Other Charges
Finance collects charges and fees issued by many other New York City and State agencies. We also offer most of the New York City property tax reduction programs.
Recording Documents
The City Register keeps the official records of real property transactions (including deeds, mortgages, mortgage satisfactions, and financing statements UCCs).
Refunds
Owners can use certain credits in their account to pay past or future charges. You can also request a refund.
Exemptions/Abatements
Finance programs reduce property taxes, provide tax relief, help build new homes and fix up existing ones.
Valuation/Assessment
NYC’s fiscal tax year begins July 1. Finance releases a tentative assessment every January. The final assessment is released in May.
Additional Information
View Property Tax Reports
Statements of Assessment Procedure
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