New York City Department Finance Property Tax Guide – Pay, Search, Due Dates & Exemptions

🏙️ New York City • Department of Finance property tax guide

NYC Department of Finance Property Tax: Pay, Search, Due Dates & Exemptions

New York City property tax is handled mainly through the NYC Department of Finance. The same property can have a bill, a Notice of Property Value, exemptions, abatements, payment history, tax map details, and appeal deadlines, so the safest first step is choosing the right DOF tool.

This guide explains how to pay NYC property tax, search property records, read your NOPV, understand quarterly and semi-annual due dates, apply for benefits, challenge an assessment, avoid lien sale risk, and handle special issues such as co-op/condo abatements and the non-primary residence surcharge.

Quick Answer: What NYC DOF Handles

The NYC Department of Finance handles property tax bills, payment records, assessment notices, property tax benefits, tax maps, some property record tools, payment plans, refunds, credits, lien sale information, and property-related account updates.

Your property tax bill is different from your Notice of Property Value. The bill tells you what is due. The NOPV, usually mailed in January, explains DOF’s assessment for the coming tax year and does not require payment.

Fast Route: Choose the Right NYC Property Tax Tool

Use this table before opening official pages. It prevents the most common mistake: trying to fix an assessment problem on a payment page or trying to pay a bill from an assessment notice.

Your NeedStart HereWhyNext Step
Pay property taxDOF property tax bills and paymentsThis is where bills, payment status, credits, exemptions and balances are shown.Use the official payment page and save confirmation.
Download bill or noticeProperty tax bills and noticesCurrent and past bills can be downloaded online.Search by property details and verify BBL.
Search assessment, tax map or property detailsProperty Information PortalPIP shows assessed value, exemptions, land/building details and tax map information.Check property facts before appeal deadlines.
Disagree with assessed valueTax Commission appealThe Tax Commission is the independent review route for assessed value appeals.File by the Tax Commission deadline for your tax class.
Ask DOF to review value or property factsDOF Request for Review or Request to UpdateDOF can review tentative assessed value or inaccurate property description.Do not treat this as a substitute for Tax Commission appeal.
Apply for tax benefitDOF property tax benefitsBenefits can reduce assessed value, provide credits, or freeze rent increases in some programs.Choose the correct benefit and check eligibility documents.
Behind on taxesPayment plans or lien sale pagesUnpaid property charges can lead to interest, lien sale, or court collection risk.Use the payment plan screening tool early.

How to Pay NYC Department of Finance Property Tax

NYC property tax bills show current and past-due property tax charges, other property-related charges, exemptions and abatements, overpayments or credits, early payment discount information, and general tax calculation details.

If you pay your own taxes and have a balance, DOF sends the bill to you. If your bank or mortgage servicer pays your taxes, the bill generally goes to that company. Bills are usually mailed and posted online about a month before the due date.

💳 Official payment steps
  1. Open the NYC property tax bills and payments page.
  2. Search the property using BBL or the information requested by DOF.
  3. Review the current bill, past-due amount, credits, exemptions and other property charges.
  4. Choose the official payment method: online, mail, phone or in person.
  5. Save the confirmation number, receipt, bank record or mailing proof.
  6. Check later that the payment was credited to the correct property account.
Open NYC Property Tax Bills and Payments

Payment notification tip: DOF offers property tax payment notifications when payments are credited to the account. You generally must be listed as an owner on deeds or official records to register.

NYC Property Tax Due Dates

NYC billing frequency depends on assessed value. Properties with assessed value of $250,000 or less are billed quarterly. Properties with assessed value above $250,000 are billed semi-annually.

Quarterly payers have a grace period to pay interest-free by the 15th of the month. If payment is made after the grace period, interest is charged from the original due date.

Assessed ValueBill FrequencyDue DatesImportant Note
$250,000 or lessQuarterlyJuly 1, October 1, January 1 and April 1.Quarterly payers can pay interest-free by July 15, October 15, January 15 or April 15 if eligible for the grace period.
More than $250,000Semi-annuallyJuly 1 and January 1.No quarterly grace-period rule applies in the same way; check your bill and DOF page.
Bank or mortgage servicer paysBased on accountSame official tax due dates.Your servicer may receive the bill, but you should still monitor the account.
Past-due balanceOngoingInterest and collection rules may apply.Review payment plan options before lien sale or in rem risk grows.
📅 Official action: verify your due date
  1. Open your current property tax bill.
  2. Check whether the bill is quarterly or semi-annual.
  3. Confirm the exact due date and any grace-period date printed or explained by DOF.
  4. Pay early enough for the payment to post to the correct account.
Open NYC Property Tax Due Dates

Notice of Property Value, Tax Classes and Assessment Basics

The Notice of Property Value, or NOPV, is mailed in January and explains DOF’s assessment for the coming tax year. It is not a bill and no payment is required because of the NOPV alone.

NYC property tax is organized by tax class. Your tax class affects how market value, assessed value, appeal deadlines, tax rates and assessment limits work.

Tax ClassCommon Property TypeAssessment RatioWhat to Watch
Class 1One-, two- and three-family residential properties.6% of market value, before limits and adjustments.Class 1 assessed value increases are limited by state law.
Class 2Residential properties with more than three units, including co-ops, condos and apartment buildings.45% of market value, before limits and adjustments.Class 2a, 2b and 2c limits may apply for smaller buildings.
Class 3Utility corporation property.45% of market value.Usually specialized property and filing issues.
Class 4Commercial and industrial property, such as offices, stores, factories and warehouses.45% of market value.RPIE, income/expense and Tax Commission forms may matter.
📄 How to read your NOPV
  1. Confirm the borough, block and lot.
  2. Check tax class and building classification.
  3. Compare market value, assessed value and taxable value.
  4. Review exemptions and abatements shown.
  5. Check property description details such as building size, units, land and class.
  6. Use the correct deadline if you need DOF review or Tax Commission appeal.
Open NYC Notice of Property Value Guide

How NYC Property Tax Is Calculated

NYC property tax generally starts with market value, then moves to assessed value, exemptions or abatements, taxable value, tax rate and final charges. The details vary by tax class.

DOF says assessed value is based on a percentage of market value called the level of assessment or assessment ratio. Class 1 uses 6%; Classes 2, 3 and 4 use 45%.

Market valueDOF estimates the market value of the property using methods that vary by property type.
Assessment ratioMarket value is multiplied by the tax-class assessment ratio.
Assessment limitsSome property classes have limits on how fast assessed value can increase.
Exemptions and abatementsApproved benefits can reduce taxable value or reduce the final bill.
Tax rate and chargesTaxable value is multiplied by the current tax rate, then other charges, credits or balances may appear.
Open DOF Tax Calculation Guide

How to Challenge NYC Property Assessment or Value

There are two different routes that owners often confuse. A DOF Request for Review asks the Department of Finance to review certain property information or tentative assessed value. A Tax Commission appeal is the independent administrative appeal route for assessed value and certain assessment claims.

Filing a Request for Review is not a substitute for filing a Tax Commission appeal. If you need to preserve appeal rights, follow the Tax Commission deadline for your tax class.

IssueUse This RouteDeadline GuideImportant Warning
Assessed value appealNYC Tax CommissionMarch 15 for Tax Class 1; March 1 for Tax Classes 2, 3 and 4.Appeals received after these dates are not granted.
DOF review of tentative valueDOF Request for ReviewCheck current DOF RFR form; DOF lists different RFR timing by class and tax year.RFR does not replace Tax Commission appeal.
Wrong building or land descriptionDOF Request to UpdateUse DOF assessment and valuation forms page.Correcting property facts may not automatically change the bill immediately.
Tax class problemTax Commission / correct formUse the deadline for the tax class on the NOPV.Do not use the deadline for the class you want; use the class shown on the notice.
Commercial or income property valueTax Commission plus required schedulesClass 2, 3 and 4 deadline rules often apply.Income and expense schedules may be required.
⚖️ Assessment challenge steps
  1. Read your NOPV first.
  2. Identify the tax class, market value, assessed value and effective market value if shown.
  3. Decide whether your issue is value, tax class, exemption, building description or clerical error.
  4. Use DOF forms for RFR or property updates when appropriate.
  5. File a Tax Commission appeal separately if you need independent review.
  6. Keep confirmation and copies of every filing.
Open DOF Challenge Your Assessment

NYC Property Tax Exemptions, Abatements and Benefits

NYC offers property tax benefits that can lower a bill, reduce assessed value, provide credits, support rent-freeze programs, or encourage qualifying construction, energy, commercial or nonprofit uses.

Eligibility, filing windows, renewal requirements and proof documents vary by program. Always use the current DOF benefit page before assuming you qualify.

BenefitBest ForWhat to Check
STAREligible homeowners seeking school tax relief.Whether you receive STAR as an exemption or credit and whether Enhanced STAR applies.
SCHESenior homeowners.Age, ownership, residency, income and renewal rules.
DHEHomeowners with disabilities.Disability proof, income limits, ownership and residency rules.
Veterans exemptionsQualifying veterans and family members.Service records, ownership, residency and exemption category.
Co-op and condo abatementQualifying co-op and condo unit owners.Primary residence rules, managing agent filing, denial/revocation notices and unit eligibility.
Clergy exemptionQualifying clergy property owners.Eligibility, renewal and documentation rules.
Nonprofit exemptionQualifying nonprofit-owned property.Ownership, use, organization documents and Tax Commission/DOF routes if denied.
Commercial and construction abatementsCommercial, industrial, solar, green roof, childcare, ICAP, CEP, 421a, J-51 and related programs.Program-specific location, construction, use, filing, rent, wage or affordability rules.
🏠 Benefit application steps
  1. Open the NYC property tax benefits page.
  2. Select the description that matches you or the property.
  3. Read eligibility, deadline and documentation rules.
  4. Apply through the official DOF route.
  5. Check your property tax bill or PIP later to confirm the benefit posted.
  6. Appeal or contact DOF if an approved benefit is missing or incorrect.
Open NYC Property Tax Benefits

NYC Property Tax Payment Plans and Overdue Balances

If you cannot pay the full property tax balance at once, DOF offers payment plans. A plan can allow smaller payments over time, but interest continues until the balance is fully paid.

DOF lists standard payment plans, Property Tax and Interest Deferral plans, and reduced-interest payment plans. Use the screening tool before choosing a plan.

SituationPossible RouteWhat to Know
Missed property tax paymentsStandard payment planOften the main option for owners with an outstanding balance.
Need deferral helpPT AID screeningEligibility rules apply; do not assume approval.
Risk of lien sale or in remPayment agreement before sale/actionDOF says plans can be used before a tax lien sale or in rem action takes place.
Lien sale already happenedDifferent collection routeDOF says you cannot enter a DOF payment plan if the lien sale or in rem action has taken place.
Open NYC Property Tax Payment Plans

NYC Property Tax Lien Sale: What It Means

If you do not pay property taxes, water and sewer charges, or other property-related charges, the property may be at risk of being included in a lien sale.

In a lien sale, the City sells the debt to an authorized buyer. This does not mean the property itself is sold, but unresolved lien-sale debt can become a step toward foreclosure.

Lien sale warning: If you are disputing value or charges, you still must pay in full or enter a payment agreement to prevent sale risk. If the dispute succeeds, you may be entitled to a refund of overpayment.

🚨 What to do if you receive a lien sale notice
  1. Do not ignore the notice.
  2. Search the property tax account and confirm all past-due charges.
  3. Check whether water, sewer, emergency repair or other property charges are included.
  4. Review payment plan and lien sale help options.
  5. Pay or resolve the account through official DOF channels only.
  6. If a lien is already sold, follow the official letter naming the lienholder or authorized representative.
Open NYC Lien Sale Information

Non-Primary Residence Property Surcharge

New York City has a new annual surcharge on certain properties that are not used as the owner’s primary residence. DOF says receiving a letter does not automatically mean the surcharge is owed.

For property tax years 2026–27 and 2027–28, DOF says the surcharge may apply to one-, two- and three-family homes valued by DOF at more than $5 million, and condo or co-op units valued by DOF at $1 million or more.

Surcharge TopicOfficial DetailWhat to Do
Residential homes and condos letterDOF listed an August 21, 2026 response deadline for homes and condos that received a surcharge letter.Respond by the letter deadline if you believe the property is exempt.
Co-op letterDOF listed an August 24, 2026 deadline for cooperative units that received a surcharge letter.Use the co-op surcharge exemption application if applicable.
Primary residence exemptionThe surcharge generally does not apply if the property is used as a primary residence by the owner, tenant, immediate family member, majority interest holder, or qualifying trust beneficiary.Submit the documents DOF requests for the occupant category.
Value challengeIf you believe DOF valued the property incorrectly, the value challenge goes to the Tax Commission.Do not miss the separate market value appeal deadline.
BillingDOF says approved surcharge charges appear on the property tax bill due January 1, 2027.Check your bill and DOF determination letter carefully.
🏙️ Surcharge response steps
  1. Check whether DOF mailed you a surcharge letter.
  2. Use the deadline printed in the letter or DOF surcharge page.
  3. Prepare primary residence documents, tenant documents, family relationship documents, entity documents, or trust documents as needed.
  4. Use the DOF exemption route if you are claiming primary residence exemption through DOF.
  5. Use the Tax Commission route if challenging market value or appealing a final DOF denial.
Open NYC Non-Primary Residence Surcharge

New Owner, Mortgage Escrow and Mailing Address Checklist

New buyers should check DOF records even if the closing attorney, title company or mortgage servicer handled taxes at closing. NYC property tax records, deed records, mortgage servicing and exemption records may update on different timelines.

Confirm BBL and owner detailsUse PIP, bills and ACRIS to confirm borough, block, lot, deed and property identity.
Check bill deliveryFind out whether you or your mortgage servicer receives the bill.
Review exemptionsDo not assume the seller’s benefit continues for you. Check eligibility and filing rules.
Check payment historyConfirm credits, past-due balances, water/sewer charges and other property charges.
Watch assessment deadlinesIf the value or property class is wrong, do not wait for the next bill to review appeal options.

Co-op and Condo Owners: Extra NYC Property Tax Notes

Co-op and condo owners often face different workflows than one-family homeowners. The building, board, managing agent, unit owner and DOF records may all matter.

Check the co-op/condo abatement, primary residence verification, unit eligibility, denial letters, and any non-primary residence surcharge letter separately from the regular property tax bill.

🏢 Co-op/condo abatement

Review whether the managing agent or board must file, and whether the unit meets primary residence requirements.

📄 Tax Commission form

Condo units in Class 2 or 4 may need a different Tax Commission form than Class 1 homes.

🏙️ Surcharge letter

A co-op or condo may have a lower DOF market value threshold for the non-primary residence surcharge than 1–3 family homes.

🔎 Unit records

Use BBL and unit-specific records carefully. Do not rely only on building-wide information.

Open Co-op and Condo Abatement

Common NYC Property Tax Mistakes

Most costly mistakes happen because owners miss a deadline, confuse the NOPV with a bill, file the wrong challenge, or assume a bank payment has posted without checking.

❌ Treating the NOPV as a bill

The NOPV explains value and assessment. It is not a payment bill.

❌ Filing only a DOF Request for Review

RFR is not a substitute for Tax Commission appeal if you need independent review.

❌ Missing March appeal deadlines

Tax Commission deadlines are strict and depend on tax class.

❌ Ignoring quarterly grace-period rules

Quarterly payers should know both the original due date and the 15th grace-period date.

❌ Assuming escrow paid

Mortgage servicer errors can happen. Confirm posting on the DOF account.

❌ Ignoring lien sale notices

A value dispute does not automatically stop lien sale risk. Resolve payment status separately.

Official NYC DOF Forms and Records You May Need

Use official NYC forms when you are applying for benefits, correcting property facts, challenging value, or responding to notices. Always choose the form that matches the property’s tax class and issue.

How to Get NYC Property Tax Help

For general NYC government help, call 311. If outside New York City, use 212-NEW-YORK. For property-specific DOF questions, use DOF online contact routes, schedule an appointment, or use the correct official portal.

DOF encourages owners to use online messages, 311, outreach events and appointment-based help instead of walking into a business center without preparation.

☎️ What to prepare before contacting NYC DOF
  1. Borough, block and lot number.
  2. Property address and owner name.
  3. Current bill or NOPV.
  4. Payment confirmation, bank proof or mortgage-servicer information.
  5. Benefit application confirmation or denial letter.
  6. Tax Commission or DOF filing confirmation if challenging an assessment.
Contact NYC Department of Finance

NYC Department of Finance Property Tax FAQs

Who handles New York City property tax?

The New York City Department of Finance handles property tax bills, payments, assessments, tax maps, many property tax benefits, payment plans, refunds, credits and lien sale information.

How do I pay NYC property tax?

Use the official NYC property tax bills and payments page. You can pay online, by mail, by phone or in person, depending on the official options available for your account.

How do I search NYC property tax records?

Use the NYC Property Information Portal for assessed value, exemptions, tax map and property details. Use the property tax bills and notices page for bills and payment information.

What is a BBL?

BBL means borough, block and lot. It is the property identifier used for many NYC property tax, tax map and property record searches.

When are NYC property taxes due?

Properties with assessed value of $250,000 or less are billed quarterly with due dates July 1, October 1, January 1 and April 1. Properties with assessed value above $250,000 are billed semi-annually, due July 1 and January 1.

What is the quarterly grace period?

Quarterly payers can usually pay interest-free by the 15th of the due month: July 15, October 15, January 15 or April 15. If the grace-period date falls on a weekend or federal holiday, check DOF guidance for the next business day.

What is the Notice of Property Value?

The Notice of Property Value, or NOPV, is mailed in January and explains DOF’s assessment for the coming tax year. It is not a bill, and no payment is required from the notice alone.

What are NYC property tax classes?

Tax Class 1 generally includes one-, two- and three-family homes. Class 2 includes residential properties with more than three units, including co-ops, condos and apartments. Class 3 is utility property, and Class 4 is mostly commercial property.

How is NYC assessed value calculated?

DOF says assessed value is based on a percentage of market value. Class 1 uses a 6% assessment ratio, while Classes 2, 3 and 4 use 45%, subject to limits, phase-ins, exemptions and adjustments.

How do I challenge my NYC property assessment?

You may ask DOF to review certain tentative values or property facts, but independent assessed value appeals are filed with the NYC Tax Commission. A DOF Request for Review is not a substitute for Tax Commission appeal.

What are the Tax Commission appeal deadlines?

NYC Tax Commission deadlines are March 15 for Tax Class 1 and March 1 for Tax Classes 2, 3 and 4. Appeals received after the deadline are not granted.

What is a Request for Review?

A Request for Review asks DOF to review tentative assessed value or related assessment concerns. It does not replace filing a timely Tax Commission appeal.

What exemptions are available in NYC?

NYC property tax benefits include STAR, Senior Citizen Homeowners’ Exemption, Disabled Homeowners’ Exemption, veterans exemptions, clergy exemption, nonprofit exemptions, co-op/condo abatement and other residential, commercial, energy and development programs.

How do I check if my exemption is on my bill?

Review your property tax bill, Notice of Property Value and Property Information Portal record. If an exemption is missing or incorrect, contact DOF or use the applicable benefit appeal or correction route.

What if my mortgage company pays my property tax?

If a bank or mortgage servicing company pays your property taxes, it may receive the bill. You should still monitor the DOF account to confirm payment was credited correctly.

Can I get a payment plan for NYC property taxes?

DOF offers payment plans for property taxes and many other property charges. Interest continues until the balance is paid, so use the official screening tool before choosing a plan.

What is a NYC property tax lien sale?

A lien sale is when the City sells unpaid property tax or other property-related debt to an authorized buyer. It is not a sale of the property itself, but unresolved debt can become a step toward foreclosure.

Does disputing my assessment stop lien sale risk?

No. DOF says if you are disputing assessed value or other charges, you still must pay in full or enter a payment agreement to prevent lien sale risk.

What is the non-primary residence property surcharge?

It is a new annual surcharge on certain NYC properties not used as a primary residence. It may apply to certain high-value one-, two- and three-family homes and certain co-op or condo units.

Does receiving a surcharge letter mean I owe it?

No. DOF says receiving a letter does not necessarily mean the surcharge is owed. If the property is used as a primary residence or otherwise exempt, submit the required application and documents by the deadline.

Where do I find NYC deeds and recorded documents?

Use ACRIS for recorded property documents such as deeds and mortgages. Use DOF billing and PIP tools for tax bills, assessed value and tax map information.

How do I get help with NYC property tax?

Call 311, contact NYC Department of Finance online, schedule an appointment if needed, and have the BBL, property address, bill, NOPV, payment proof or application confirmation ready.

Is CountyPropertyTaxes.us an official NYC government site?

No. This is an independent informational guide. Use official NYC Department of Finance and NYC Tax Commission pages for final payment, assessment, exemption and appeal actions.

Bottom Line

For NYC Department of Finance property tax, start with the task: pay a bill, search records, read the NOPV, apply for benefits, challenge assessed value, request a payment plan, or respond to a lien sale or surcharge notice. Use the official DOF or Tax Commission page for the final account-specific action.

Pay Property TaxSearch RecordsDue DatesChallenge AssessmentExemptionsOfficial Links
Independent guide disclaimer: CountyPropertyTaxes.us is not affiliated with the New York City Department of Finance, NYC Tax Commission, CityPay, ACRIS, 311, the City of New York, New York State, mortgage servicers, lienholders, or any government agency. This guide is for general property-tax navigation only and cannot pay taxes, change assessed value, file appeals, approve exemptions, remove lien sale risk, provide legal/tax/financial advice, or confirm account-specific results.