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2019 - 2020 Final Assessment
Final Assessment Roll for2019-2020 | City of New York
Taxable Status DateJanuary 5, 2019
 EXPLANATION OF ASSESSMENT ROLL
Owner NameFALSONS RLTY CORP
Property Address1555 FLATBUSH AVENUE 11210
Billing Name and AddressFALSONS RLTY CORP.
 JOSEPH FALACK
 P.O. BOX 100845
 BROOKLYN NY 11210-0845
Tax Class4
Building ClassK1 - ONE STORY RETAIL

Property Owner(s)
FALSONS RLTY CORP

Land Information
Lot Size 
        Frontage (feet)137.83
        Depth (feet)101.00
        Land Area (sqft)13,951
Regular / IrregularRegular
Corner 
Number of Buildings1
Building Size 
        Frontage (feet)137.83
        Depth (feet)60.00
Stories1
ExtensionN

Assessment Information
DescriptionLandTotal
                                 ESTIMATED MARKET VALUE1,230,0006,457,000
                                 MARKET AV553,5002,905,650
                                 MARKET EX343,320
                                 TRANS AV553,5002,583,270
                                 TRANS EX343,320

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2019/20 Taxes Will Be Based On2,239,950

Exemption Information
CodeDescriptionExempt Value
47666ICIP343,320

Market Value History
Tax YearMarket Value
2019 - 20206,457,000                                                           
2018 - 20196,588,000                                                           
2017 - 20185,893,000                                                           
2016 - 20175,596,000                                                           
2015 - 20164,169,000                                                           

Note
For more information about how your property taxes are calculated, visit http://nyc.gov/assessments.


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