Finding Your Property on DOF's Portal
Start at the Department of Finance's Property Tax Search portal. Enter your building's street address in the search box.
The system returns a list of matching properties. Click on your building to open its property profile page. This displays the Borough-Block-Lot number (BBL) that identifies your property in city records.
For condo units, the search may show both your individual unit lot and the building's billing lot. Your unit's market value appears on your specific unit lot, not the building's master record.
Reading the Notice of Property Value
On the property profile page, look for the current year's Notice of Property Value link. Click to open the PDF document that shows how DOF valued your property.
Find the line labeled Market Value—this is the figure that determines your pied-à-terre surcharge, according to DOF's adopted rules. Do not use the Assessed Value line, which runs about 45% of market value for condos and co-ops.
Consider a Manhattan condo owner whose Notice shows a $2,000,000 market value. That unit falls in the $1 million to $3 million bracket, triggering a 4% surcharge on the full market value: $80,000 per year.
When Address Searches Fail
Corner buildings often file under a different street than their marketing address. If 15 Hudson Yards doesn't appear under that name, try searching for 553 West 30th Street—the property's official DOF address.
Buildings with multiple street frontages may list under any of their addresses. Try each street name if the first search returns no results.
New developments sometimes lag in the DOF system. If your building doesn't appear at all, contact DOF directly at 311 for assistance locating your property record.
What the Numbers Mean for Your Tax Bill
The surcharge applies as a flat rate once your market value crosses the threshold. For condos and co-ops: no surcharge below $1 million, then 4% on the full value from $1 million to $3 million, 5.25% from $3 million to $5 million, and 6.5% above $5 million.
Houses face different brackets: no surcharge below $5 million, then 0.8% from $5 million to $15 million, 1.05% from $15 million to $25 million, and 1.3% above $25 million.
Owners who received DOF's non-primary residence notice have until October 6, 2026, to file for exemptions if the property serves as their primary residence or houses an arm's-length tenant. The first surcharge payments come due January 1, 2027.
Frequently asked questions
How do I find my property's market value for the pied-à-terre tax?
Go to the Department of Finance's Property Tax Search portal, enter your building's address, click on your property, and look for the current year's Notice of Property Value PDF. Find the line labeled 'Market Value'—this figure determines your pied-à-terre surcharge according to DOF's adopted rules.
What are the pied-à-terre tax rates for condos and co-ops?
For condos and co-ops, there's no surcharge below $1 million market value, then 4% on the full value from $1 million to $3 million, 5.25% from $3 million to $5 million, and 6.5% above $5 million. The surcharge applies as a flat rate once your market value crosses the threshold.
When do I have to pay the pied-à-terre tax?
The first surcharge payments come due January 1, 2027. Owners who received DOF's non-primary residence notice have until October 6, 2026, to file for exemptions if the property serves as their primary residence or houses an arm's-length tenant.