Returned Equity

60-31 56 Drive, Queens, NY 11378

Public records show this home is assessed 34% above what it sold for. Owners can appeal an assessment that is above market value.

Sold August 2026$625,000
Assessed at$840,000
Above the sale price34%
Est. saving / year~$2,580

The saving assumes the assessment is cut to the sale price.

We handle the appeal

The appeal window for the next NYC assessment opens in January 2027 and usually closes March 1. Caps on 1-3 family homes can limit how much a lower value cuts the bill, so the saving varies. We gather the sales evidence, prepare the filing for you to sign and follow up until there is a decision. Use the form to start.

Parcel 4-2704-85. Sale: arm's-length, August 2026. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied. This is not legal or tax advice.

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