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
1-1599-1204
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$101,943$4,661,943
Assessed Value$45,874$2,097,874
Market Value Exemption$1,380,348$1,380,348
Transitional Assessed Value$45,874$1,899,439
Transitional Value Exemption$1,380,348$1,380,348
Subject To Adjustments, 2025/26 Taxes Will Be Based On$519,091

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 1-1599-1204 (4 years).