Public records show this home is assessed 35% above what it sold for. Owners can appeal an assessment that is above market value.
The saving assumes the assessment is cut to the sale price.
NYC publishes the tentative 2028 assessment roll in January 2027. Owners of 1-3 family homes can apply to the NYC Tax Commission, usually by March 1. Class 1 assessment caps can limit how much a lower market value cuts the bill. Official appeal page.
Parcel 4-7027-34. Sale: arm's-length, November 2025. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied.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.