DOF FY2027 Final Assessment RollTax classes 1–4 · all 5 boroughs

NYC Property
Assessment Explorer.

NYC Dept. of Finance · FY2027 property assessment roll

Explore every NYC property, owner, tax class, building type, housing unit, and assessed value in the FY2027 assessment roll.

DOF market value is an assessment value used for tax administration — not necessarily current sale price.

Total tax lots
0
FY2027 final roll
Total market value
$1.91T
DOF assessment value, not sale price
Total housing units
0
Across all 5 boroughs
Boroughs
5
Manhattan leads by value
Figures are computed directly from DOF's raw FY2027 PTS extract (extract dated 2026-05-15) and may vary slightly from DOF's own published summary tables.
At a glance

The FY2027 roll, by the numbers

Every headline figure below is computed live from the underlying dataset — never hand-typed.

Largest borough by value
Manhattan
$654.9B
Largest borough by lot count
Queens
382,909 lots
Largest tax class by value
Class 1
$800.3B
LLC-owned value
$514.7B
186,517 lots
Insights

What the roll reveals

Eight cuts through the data — click through to explore each one.

Value distribution

Most lots sit in the $500K–1M band

37% of all tax lots fall in this range, but it's not where most of the city's value sits.

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Concentration

The top 5% of lots hold half the city's value

Just 38% of lots account for 80% of total market value — NYC property value is highly concentrated.

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Mega-parcels

2,821 lots are worth over $50M each

A tiny slice of the roll — mostly commercial towers and large multifamily buildings — carries an outsized share of total value.

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Ownership

LLCs hold $514.7B in property value

Across 186,517 tax lots — the single largest entity-ownership category citywide.

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Public sector

Government owns $163.1B in assessed value

18,993 city, state, and federal properties — schools, parks, housing authority buildings, and more.

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Housing stock

Small buildings dominate the unit count

1-3 unit buildings account for a huge share of NYC's residential units, even though large multifamily buildings hold more value per lot.

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Building age

495,343 lots predate 1940

Prewar buildings still house roughly 1,764,902 units citywide — a huge share of the city's housing stock.

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Borough spotlight

Manhattan: holds the most total property value in the city

Meanwhile, Queens leads on a different measure: has the most tax lots of any borough (382,909 lots).

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How it works

From tentative value to your tax bill

Every property moves through the same four-stage DOF process each fiscal year before its assessed value is locked in.

By borough

Manhattan carries a third of the city's value in a tenth of the parcels

Property count, market value, and the assessment ratio (assessed ÷ market) side by side for all five boroughs. Full borough profiles →

Manhattan
Market value$654.9B
Assessed value$277.2B
Properties179,175
Assmt. ratio42%
Brooklyn
Market value$531.6B
Assessed value$112.7B
Properties359,413
Assmt. ratio21%
Queens
Market value$469.7B
Assessed value$92.2B
Properties382,909
Assmt. ratio20%
Bronx
Market value$133.7B
Assessed value$38.1B
Properties107,695
Assmt. ratio28%
Staten Island
Market value$121.4B
Assessed value$15.9B
Properties138,770
Assmt. ratio13%

Total market value by borough

Sum of DOF market value estimates

Borough breakdown

Swipe to see all columns →

BoroughPropertiesAssessed valueAssmt. ratio
Manhattan179,175$277.2B42%
Brooklyn359,413$112.7B21%
Queens382,909$92.2B20%
Bronx107,695$38.1B28%
Staten Island138,770$15.9B13%
The tax-equity gap

Homeowners pay tax on ~6% of their home's value. Everyone else pays on ~45%.

NYC's tax classes are assessed at wildly different fractions of market value — a well-documented, long-running controversy in city property tax policy. Full breakdown on the Tax Classes page →

Market value vs. assessed value, by tax class

The gap between the blue and orange bars is the untaxed share of each class's value.

Class 1 — 1-3 family homes
6%

661,673 homes, $800.3B in market value — assessed on just 6% of it.

Class 2 — Rentals & co-ops/condos
45%

258,099 units, assessed on 45% of market value — 7.5× Class 1's share.

Class 4 — Commercial
45%

119,772 commercial properties, also assessed on 45% of market value.

In plain English: state law caps how fast a 1-3 family home's assessed value can rise each year, so decades of appreciation in neighborhoods like brownstone Brooklyn or much of Queens never fully catches up to market value — leaving the average Class 1 owner taxed on roughly 6% of what their home is actually worth. Owners of rental buildings, co-ops, condos, and commercial property (Classes 2–4) have no such cap and are assessed much closer to 45% of market value — effectively a 7.5× higher share. It's one of the most persistent tax-equity debates in NYC politics, and this gap is why.

By zip code

Neighborhood explorer

Ranked across 240 NYC zip codes. Sort by property count, average market value, or total market value.

ZipBoroughTop bldg class
10314Staten Island25,364$915,737$23,226,756,028A
11234Brooklyn20,094$1,007,877$20,252,287,289A
10312Staten Island18,890$907,765$17,147,676,745A
10306Staten Island17,021$882,410$15,019,494,253A
10462Bronx16,924$389,046$6,584,206,236R
11236Brooklyn15,798$932,899$14,737,941,540B
11385Queens15,230$1,117,218$17,015,230,692B
11229Brooklyn13,882$1,097,052$15,229,280,339A
11355Queens13,781$928,366$12,793,810,857R
11215Brooklyn13,769$2,223,190$30,611,100,561R
11354Queens13,373$886,507$11,855,256,322R
11235Brooklyn12,908$1,056,415$13,636,198,767R
11207Brooklyn12,691$1,013,615$12,863,787,576B
11214Brooklyn12,263$1,231,190$15,098,087,227B
11204Brooklyn12,085$1,458,416$17,624,957,108B
11219Brooklyn12,074$1,421,763$17,166,369,264R
11201Brooklyn11,837$2,707,943$32,053,916,517R
11223Brooklyn11,445$1,667,215$19,081,279,432B
11203Brooklyn11,427$1,024,935$11,711,930,209B
10469Bronx11,210$869,254$9,744,334,587B
11208Brooklyn11,115$1,059,097$11,771,867,634B
10305Staten Island11,102$852,707$9,466,750,795A
10016Manhattan11,043$2,412,108$26,636,910,486R
10019Manhattan10,943$3,742,069$40,949,464,902R
10023Manhattan10,858$2,285,698$24,818,104,827R
Building types

What NYC is actually built out of

Top building classes citywide by property count — R4 (condos), A1/A5 (1-2 family homes), and the rest of the DOF building-class taxonomy.

Top 12 building classes by count

Out of 214 classes tracked citywide

Ownership concentration

The largest entity owners in NYC

Ranked by aggregate assessed value across all their holdings. Individual people's names are never shown — only businesses, LLCs, trusts, and other organizations appear here. Full owners directory →

Top 12 by assessed value

Top 273 entity owners, ranked

RankOwnerPropertiesTotal assessed valueTotal market value
1DEPARTMENT OF EDUCATION992$10,370,620,625$23,107,088,101
2PORT AUTHORITY NY & NJ2$8,569,485,000$19,043,300,000
3NYC PARKS DEPT4,248$8,458,178,003$20,178,593,450
4NYC DSBS389$6,697,056,340$14,953,051,389
5NYC PARKS586$6,686,265,410$15,030,642,183
6NYC HOUSING AUTHORITY704$5,320,385,744$11,923,138,694
7UNAVAILABLE OWNER11,946$4,706,581,389$11,867,957,300
8DCAS1,850$1,941,104,082$4,640,563,428
9LOWER MANHATTAN DEVELOPMENT CORPORATION5$1,799,059,574$3,997,910,164
10NEW YORK UNIVERSITY154$1,792,978,336$3,999,226,698
11HEALTH AND HOSPITALS CORPORATION36$1,574,962,576$3,507,295,636
12METROPOLITAN TRANSPORTATION AUTHORITY99$1,101,270,008$2,449,955,068
13DEPT OF PARKS AND RECREATION20$1,084,822,944$2,413,074,900
14NYC DCAS142$993,149,135$2,244,968,986
15NEW YORK CONVENTION CENTER2$987,522,300$2,194,494,000
16UNITED STATES OF AMERICA28$944,059,728$2,106,882,238
17DASNY31$891,371,115$2,050,572,300
18767 FIFTH PARTNERS LLC1$826,881,300$1,837,514,000
19BPP ST OWNER LLC1$790,924,050$1,757,609,000
20NYC DEPT OF EDUCATION74$780,081,198$1,737,063,640
2150 HYMC OWNER LLC1$718,870,500$1,597,490,000
22NYC DOT688$706,780,959$1,678,453,471
23NYC HHC8$704,233,350$1,564,963,000
24JPMORGAN CHASE BANK2$688,188,150$1,529,307,000
25SANITATION 253106$678,432,571$1,508,791,000
Building age

When NYC was built

Property counts by decade of construction — the 1920s prewar boom and the 2000s condo boom stand out.

Properties by decade built

Includes an "Unknown" bucket for missing year-built data

Source

Built from NYC DOF's raw FY2027 Property Tax System extract — not the published PDF summaries.

Source files: PROPMAST_TC1_2027_FIN.txt, PROPMAST_TC234_T2027_FIN.TXT. Extract dated 2026-05-15, 1,167,962 rows processed across all five boroughs and tax classes 1–4. Figures here run somewhat higher than DOF's own published FY2027 summary workbook — direct DOF PTS extracts commonly diverge slightly from that office's rounded, filtered summary tables. Full methodology →

Properties
1,167,962
Market value
$1.91T
Zip codes
240
Tax classes
11