85-88 Palermo Street, Queens, New York, NY 11423


Address: 85-88 Palermo Street, Queens, New York, NY 11423
Owner: BAKSH, SAFRAZ

85-88 Palermo Street, Queens, New York, NY 11423 (Parcel #4105050033) is a property assessed by City of New York, Department of Finance (DOF). The owner is BAKSH, SAFRAZ. The assessed value is 50595.

Property Overview

Borough-Block-Lot-Easement (BBLE) 4105050033
Borough: 4 (Queens), Block: 10505, Lot: 33
Property Address 85-88 Palermo Street
Queens
New York, NY 11423
Owner BAKSH, SAFRAZ
Building Class B3 (TWO FAMILY CONVERTED FROM ONE FAMILY)
Property Tax Class 1 (1-3 UNIT RESIDENCES)
Lot Width 75
Extension Indicator EG
Number of Stories 2.5
Assessment Year 2017/18
Estimated Market Value 1196000
Actual Assessed Total Value 50595
(4% of estimated market value)
Actual Exempt Total Value 1470
Exemption Code 1017 - SCHOOL TAX RELIEF - Legal Reference: RPTL § 425
Building Width 30
Building Depth 39
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 462000 462000 1165000 1196000
Actual Assessed Value 20064 19544 19544 50595 50595 50595
Actual Exempt Value 1550 1550 1470 1550 1550 1470
Transitional Assessed Value 20064 19544 19544 50595 50595 50595
Transitional Exempt Value 1550 1550 1470 1550 1550 1470
Estimated market value changed on 12/08/2016. Tentative assessed value changed on 12/08/2016. Final assessed value changed on 05/19/2017.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 910000 0.00% 38342 20309
2010/11 933000 2.53% 40641 22346
2011/12 938000 0.54% 42163 23059
2012/13 941000 0.32% 42163 22986
2013/14 1036000 10.10% 43406 21493
2014/15 1026000 -0.97% 46010 23005
2015/16 985000 -4.00% 48769 25399
2016/17 1165000 18.27% 50595 20064
2017/18 1196000 2.66% 50595 19544

Property Location

Borough-Block-Lot-Easement (BBLE) 4105050033
Borough: 4 (Queens), Block: 10505, Lot: 33
Property Address 85-88 Palermo Street
Queens
New York, NY 11423
Borough Queens
Zip Code 11423

Owner Overview

Owner BAKSH, SAFRAZ

Competitor

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Zip Code 11423

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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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