NYC DOF FY2027 Final Assessment Roll

Analytics

Nine deep dives into the $1.91T NYC DOF FY2027 assessment roll — tax equity, exemptions, price per square foot, ownership concentration, value distribution, construction history, record-setting extremes, and a citywide zip code league table — plus a curated scrollytelling data story.

Tax Burden

Class 1 homes assess at a fraction of Class 2's rate

Class 1 (1-3 family homes) assesses at ~6% of market value citywide — versus ~45% for Class 2 apartments, co-ops, and condos. A structural gap set by state law, not the market.

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Exemptions

$176.9B of assessed value pays nothing

NYC Parks & Recreation alone holds $16.9B in exempt value across 5,053 lots. See exempt vs. taxable value by borough, tax class, and owner type — plus the top 20 exempt entity owners.

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Price per SqFt

The same property type can span a 6× price range

Manhattan condo $/sqft is remarkably tight (p10 $234 to p90 $541) — the outer boroughs run far wider. Percentile bands and a sortable, exportable per-zip median table.

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Ownership Concentration

67.3% of lots are individual — 40.7% of value is

Individually owned lots make up the majority of NYC parcels but hold only 40.7% of citywide value. LLC share by borough, the $1B+ club, and the conservative-floor caveat on entity grouping.

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Value Treemap

$1.91T, broken down borough by building class

Drill from $1.91T citywide down through each borough, property type, and building class in one interactive treemap.

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Construction Timeline

The 1920s built more of NYC than any other decade

192,358 still-standing lots date to the 1920s — dominated by [object Object] homes, the classic outer-borough building boom.

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Extremes

NYC's single most valuable 'lot' is an airport

154-68 BROOKVILLE BLVD, Queens is assessed at $18,880,836,000 as one PTS record — it's JFK Airport, owned by the Port Authority of NY & NJ.

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ZIP League

185 zip codes, ranked citywide

10019 (Manhattan) leads all NYC zip codes at $40.9B in total market value. Compare lots, value, $/sqft, and ownership mix across every zip.

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Data Story

The State of NYC Property

A curated, scrollytelling walk through the ten strongest findings across the entire analytics layer — from the Class 1/2 assessment gap to JFK Airport as the city's single most valuable lot.

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Value Concentration

Just 5.3% of lots hold half the city's value

The full Lorenz concentration curve, value-band breakdown, and top-N stats — 38.1% of lots account for 80% of total NYC property market value.

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Every number on this page is pulled directly from the analytics data layer (data/analytics/, generated July 28, 2026) — cross-checked against the canonical citywide totals of 1,167,962 lots and $1.91T in market value.