NHS Brooklyn | Reduce Property Taxes

Resources & Forms

ReducING nyc Property Taxes

It may be true that “Nothing in life is certain except death and taxes,” but at least there are a few ways New York City homeowners can try to reduce their property taxes. Here are some options:

Apply for property tax exemptions and abatements:
If you believe the Department of Finance has made an error in determining your market value, you may submit a “Request for Review” form.
To update the property information that appears on page 3 of your Notice of Property Value (sent each January), file a “Request to Update” form with the Department of Finance.
You can challenge your Assessed Value by asking the Department of Finance for a review of your assessment or by appealing with the NYC Tax Commission, an independent agency.

Be sure to submit the correct form for the correct year correctly!

If you have questions or want to be sure you have the most current property tax application, contact 311 or the NYC Department of Finance at 212-602-7004.

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