How to Know If Your Property Is Over-Assessed in New York
Learn how to identify over-assessed property in New York and take steps to reduce your property tax burden.
Industrial Warehouse
Original Assessment: $4,081,720
Revised Assessment: $1,935,484
Reduction Percentage: 52%
Regional Distribution Facility
Original Assessment: $9,945,504
Revised Assessment: $7,629,427
Reduction Percentage: 23%
Bank Branch
Original Assessment: $1,900,000
Revised Assessment: $1,000,000
Reduction Percentage: 47%
Retail Plaza
Original Assessment: $21,047,011
Revised Assessment: $12,758,621
Reduction Percentage: 39%
Retail Drug Store
Original Assessment: $5,300,000
Revised Assessment: $2,200,000
Reduction Percentage: 58%
National Department Store
Original Assessment: $8,552,727
Revised Assessment: $3,189,560
Reduction Percentage: 62%
Office Building
Original Assessment: $12,202,200
Revised Assessment: $4,500,000
Reduction Percentage: 63%
Condominium Project
Original Assessment: $9,259,800
Revised Assessment: $5,263,596
Reduction Percentage: 43%
Bank Office Headquarters
Original Assessment: $29,254,610
Revised Assessment: $20,500,000
Reduction Percentage: 29%