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Sale at 1 Hanson Place #22G

Started by Dickens
over 8 years ago
Posts: 104
Member since: Mar 2014
Discussion about 1 Hanson Place #22G
What will the tax be once the abatement expires?
Response by 300_mercer
over 8 years ago
Posts: 10570
Member since: Feb 2007

If DOB does not change the valuation, $3340 per year. You can expect valuation to go up at least 5% every year. This mean if you J-51 were to expire 5 years from now, appx $4500 per year assuming 5-6% annual increase in property value.

http://nycprop.nyc.gov/nycproperty/StatementSearch?bbl=3021111148&stmtDate=20170825&stmtType=SOA

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Response by Dickens
over 8 years ago
Posts: 104
Member since: Mar 2014

That helps, thank you!

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