2025 - 2026 Final Assessment

Final Assessment Roll for2025 - 2026 | City of New York
Taxable Status DateJanuary 5, 2025
Owner Name
•••• •••• •••••••• •••••••••• ••••
Property Address
40 WEST 116 STREET # 10026
BBL
1-1599-1203
Tax Class
4
Building Class
RK - RETAIL SPACE

Land Information

Frontage (feet)
337.5
Depth (feet)
201.84
Land Area (sqft)
54,186
Regular / Irregular
I
Corner
No
Number of Buildings
1

Building Size

Frontage (feet)
0
Depth (feet)
0
Stories
12
Extension
N

Assessment Information

DescriptionLandTotal
Estimated Market Value$80,652$8,318,652
Assessed Value$36,293$3,743,393
Market Value Exemption$3,722,971$3,722,971
Transitional Assessed Value$36,293$3,481,227
Transitional Value Exemption$3,460,805$3,460,805
Subject To Adjustments, 2025/26 Taxes Will Be Based On$20,422

Note: For more information about how property taxes are calculated, visit nyc.gov/assessments

Property Tax History

Historical property valuation and tax data for BBL 1-1599-1203 (4 years).