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NOTICE OF PROPERTY VALUE



View January 15, 2009 - NOTICE OF PROPERTY VALUE (Detailed Information)
View January 15, 2009 - NOTICE OF PROPERTY VALUE
View February 15, 2008 - NOTICE OF REVISED PROPERTY VALUE
View January 15, 2007 - NOTICE OF PROPERTY VALUE
View January 15, 2006 - NOTICE OF PROPERTY VALUE
View January 15, 2005 - NOTICE OF PROPERTY VALUE

What is the Notice of Value?
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January 15, 2008
Owner Name:
#BWNFFBV MARTIN BARRY A
#5129512080115016#
MARTIN BARRY A Property Address:
4C 59 WEST 12 STREET APT #4C
59 W 12TH ST Borough Block Lot
NEW YORK, NY 10011-8563 MANHATTAN 576 1528
Tax Class: 2
Units: 1 RESIDENTIAL
Your property's taxable value will be greater than $80,000. Therefore, your property
tax payments will be due in two equal installments instead of four starting July 1.
CURRENT TAX YEAR CHANGE TAX YEAR 2008/09
(7/1/07 - 6/30/08) (7/1/08 - 6/30/09)
The Department of Finance estimates the value of your property as follows:
Market Value =                             $187,690           +23,294           $210,984
Actual Assessed Value =                     $84,461           +10,482            $94,943
Actual Exemption Value =                     $1,550               -80             $1,470
Transitional Assessed Value =               $77,500            +4,904            $82,404
Transitional Exemption Value =               $1,550               -80             $1,470
Taxable Value =                             $75,950            +4,984            $80,934
Exemption: BASIC STAR

Market Value: Finance estimates your market value in one of three ways - based on recent comparable sales; the income that your property generates; or the cost of constructing your property.
Assessed Value: Finance multiplied your property's market value by an assessment ratio of 45% in order to determine the assessed value. However, in some cases, this assessed value may be lower than the assessment ratio percentage because of legal limitations.
Exemption Value: Is the value of any exemptions currently on Finance's records.
Taxable Value: Is equal to the assessed value less any applicable exemptions.
Exemption(s): Describes the exemptions that you are currently entitled to according to Finance's records.
If you wish to challenge these values, you must apply to the Tax Commission by March 3, 2008.
THIS IS NOT A BILL
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