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A property tax bill, also known as a Statement of Account, shows

  • How much tax you owe
  • How the tax was calculated
  • Any exemptions, abatements, and credits that were applied to reduce your bill

If you need information about your property tax bill or account, you can look up property information online, including:

  • Amount due, charges, and interest
  • Payment history
  • Status of exemptions or credits
  • Tax rate and tax class

You will need the property’s address or the Borough-Block-Lot (BBL) number.

If you are a co-op owner, you must get information about your property taxes, account, and exemption status from your co-op management office.

Bills are mailed four weeks before they are due. If you're a property owner and don’t own a co-op, you’ll be mailed a property tax bill if you pay the taxes yourself and have a balance due. About a month before your taxes are due, you can also view your bill online.

Automatic Payments

If you signed up for automatic payment, you will continue to receive property tax bills in the mail.

Co-Op Owners

If you own a co-op, your co-op’s managing agent, or board of directors gets the property tax bill for the entire building. You can contact them for payment and exemption information for your apartment. Contact DOF to request a printout with exemption and abatement information for your apartment.

Owners with Mortgages

Most property owners who have a mortgage don’t receive property tax bills. If a bank or mortgage company pays your taxes for you, they will receive the bill electronically. 

Even if you don't normally get a bill because a mortgage company or bank pays your property taxes, you will still get a bill from DOF if you owe charges from another agency, such as sidewalk repair and water and sewer fees. You are responsible for paying the charges, even though you have a mortgage.

Even if you don’t receive a bill, you’re responsible for making sure the bill will be paid. If your mortgage lender is saying you owe something other than what appears on the property tax bill, you should contact the mortgage lender and request documentation of that bill.

Third Party Notification

If you are 65 or older or have a disability, you can choose another person to get copies of your property tax bills and notices. This is called "third party notification." You can get the application online or by mail.

Online

Download the Third Party Notification Application.

By Mail

Call 311 to request a paper copy.

Once a City property mortgage is paid in full, the lending bank or mortgage company will give the property owner a document called a Satisfaction of Mortgage. At that same time, the lender must also notify the Department of Finance (DOF) that the mortgage has been satisfied, so DOF can update its records.

If the mortgage lender has also been paying City property taxes for the owner, DOF will start billing the owner for the taxes they are responsible for paying based upon the mortgage payoff date. The owner will start to receive a property tax bill, also called a Statement of Account, for that property either quarterly or semi-annually.

If your lender has already contacted DOF, but you are not getting your property tax bills or the mailing address or billing name is incorrect, you can email DOF. 

Contact the Department of Finance.

You can request to find out if a mortgage company has been removed from the billing information after the mortgage satisfaction has been filed.

Call 311 for assistance.

Property tax bills are due semi-annually (twice a year) or quarterly (four times a year), depending on the assessed or actual assessed value of the property.

If your property's assessed value goes over $250,000 you may receive a notice from DOF informing you that you will be billed semi-annually instead of quarterly.

Assessed ValueDue Dates
More than $250,000

January 1
July 1

Less than $250,000

January 1
April 1
July 1
October 1

Due Date on Weekend or Holiday

If the payment due date or grace period due date (for quarterly payers) falls on a weekend or a federal holiday, the payment is due the next business day.

Grace Period

If you pay quarterly, you get a 15-day, interest-free grace period. You won’t be charged interest for payments postmarked as late as July 15, October 15, January 15, or April 15.

If the date falls on a weekend or City holiday, it’s due by the following business day.

Early Payments

If you pay before the due date, you’ll get a discount. For quarterly payers, the earlier you pay, the bigger your discount.

If you pay by:

  • July 15: 0.5% discount for paying the full amount due
  • October 15: 0.25% discount for paying the remaining balance
  • January 15: 0.125% discount for paying the remaining balance

If you pay semi-annually and pay the entire amount owed for the tax year by July 1, you’ll get a 0.5% discount.

Late Payments

A payment is considered late if it isn’t paid or if a mailed payment isn’t postmarked by the due date or grace period due date (quarterly payers only). The Department of Finance is required by law to charge interest on the outstanding amount of property tax until it’s paid, even if you didn’t get a bill.

The interest rates charged for late payments are set annually by the City Council. Interest is charged starting from the due date and compounds daily, so the later you make the payment, the more interest you’ll owe.

Interest Rates

As of 7/1/2021:

  • Property with an assessed value of $250,000 or less: 3%
  • Property with an assessed value between $250,000 and $450,000: 6%
  • Property with an assessed value over $450,000: 13%

The Department of Finance calculates your bill based on the value of your property and the tax rate. The amount due also takes into account any exemptions or abatements you receive and other charges you owe, such as sidewalk repair and water and sewer fees.

You can learn about property values and how they are determined on the Property Value and Assessment page.

Your property tax rate is based on your tax class.

Tax Classes

Every property in New York City is assigned to a tax class based on the property's size and how it is used.

Tax Class 1Tax Class 2

1-, 2-, and 3-family homes

Condo buildings that are 3 stories or less

Small stores or offices with 1-2 apartments attached

Vacant land that is zoned for residential use

Property that isn't in Class 1 and is mostly residential

Primarily residential property with 4 or more units

Co-op and condo buildings that are 4 stories or higher

Small stores or offices with 2 or more apartments attached

Tax Class 3Tax Class 4

Property with equipment owned by a gas, telephone, or electric company

All other commercial and industrial property, such as offices and factories

Vacant land that is not zoned for residential use

Tax Rates

Your property tax rate is used to determine the tax you owe and is based on your tax class. Rates are set annually by the New York City Council, usually in November.

The City Council adopted new property tax rates for the tax year that began on July 1, 2021, and ends June 30, 2022. The new rates will be reflected on the January 2022 property tax bill.

The rates for Fiscal Year 2021/2022 are:

Tax ClassRate
Class 1

19.963%

Class 2

12.235%

Class 3

12.289%

Class 4

10.755%

If you lost or never received your property tax bill, you can view it online or request a copy. Copies from past tax years are also available.

You can also view or request a copy of your account information, which includes:

  • Payment history
  • Outstanding balances
  • Detailed breakdown of credits, benefits, exemptions, and abatements
  • Property-related charges

Online

You can view your property tax bill online and print copies of it.

View your property tax bill and account information.

By Email or Mail

If you provide an email address, the copy will be emailed within 10 business days. If no email address is provided, the copy will be mailed within 10 business days.

Call 311 to request a copy.

The NYC Residential Property Taxes booklet provides information for homeowners about:

  • How to pay your property tax bill
  • How property values are determined and how you can dispute your property's value
  • Exemption benefits and requirements
  • The difference between exemptions and abatements
  • The terms used on property tax bills and Notices of Property Value (NOPV)
  • How the City spends its tax dollars

You can download the guide online or request a paper copy by mail.

Tax Class 1

This guide is for 1- to 3-family homes.

Online

Download the property tax guide for Class 1.

Download the property tax guide for Class 1 in Arabic, Bengali, Chinese, French, Haitian Creole, Korean, Polish, RussianSpanish, or Urdu.

By Mail

Call 311 to request a paper copy.

Tax Class 2

This guide is for residential properties with more than 3 units, including cooperatives and condominiums.

Online

Download the property tax guide for Class 2.

Download the property tax guide for Class 2 in Chinese, Korean, Russian, or Spanish.

By Mail

Call 311 to request a paper copy.