873 42 Street, Unit #1B, Brooklyn, New York, NY 11232


Address: 873 42 Street, Unit #1B, Brooklyn, New York, NY 11232
Owner: CHEN, QIN

873 42 Street, Unit #1B, Brooklyn, New York, NY 11232 (Parcel #3009231002) is a property assessed by City of New York, Department of Finance (DOF). The owner is CHEN, QIN. The assessed value is 38349.

Property Overview

Borough-Block-Lot-Easement (BBLE) 3009231002
Borough: 3 (Brooklyn), Block: 923, Lot: 1002
Property Address 873 42 Street
Unit #1B
Brooklyn
New York, NY 11232
Owner CHEN, QIN
Building Class R2 (CONDO; RESIDENTIAL UNIT IN WALK-UP BLDG.)
Property Tax Class 2 (APARTMENTS)
Number of Stories 4
Assessment Year 2017/18
Estimated Market Value 85220
Actual Assessed Total Value 38349
(45% of estimated market value)
Transitional Assessed Total Value 34396
Actual Exempt Total Value 30190
Transitional Exempt Total Value 30190
Exemption Code 1920 - J-51 ALTERATION - Legal Reference: RPTL § 489
Assessment Period When File Created FINAL
Condo Identification Number 1942
Condo Suffix R
Condo Suffix 1
Land Percent of Common Interest in Condo .072900000
Building Percent of Common Interest in Condo .072900000
Apartment Number 1B
Parent Lot BBLE 3009230046
Borough: 3 (Brooklyn), Block: 923, Lot: 46
Apportionment Date 07/28/2009

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 7290 7290 87553 85220
Actual Assessed Value 3281 3280 3280 39399 38349 38349
Actual Exempt Value 0 0 0 23094 30190 30190
Transitional Assessed Value 3281 3280 3280 31986 34396 34396
Transitional Exempt Value 0 0 0 18125 30190 30190
Estimated market value changed on 12/16/2016. Tentative assessed value changed on 12/29/2016. Final assessed value changed on 12/29/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2010/11 116276 0.00% 52324 3280
2011/12 65829 -43.39% 29623 3280
2012/13 58466 -11.19% 26310 3280
2013/14 62621 7.11% 28179 3280
2014/15 70713 12.92% 31821 3281
2015/16 76108 7.63% 34249 3281
2016/17 87553 15.04% 39399 3281
2017/18 85220 -2.66% 38349 3280

Property Location

Borough-Block-Lot-Easement (BBLE) 3009231002
Borough: 3 (Brooklyn), Block: 923, Lot: 1002
Property Address 873 42 Street
Unit #1B
Brooklyn
New York, NY 11232
Borough Brooklyn
Zip Code 11232

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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