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2022 - 2023 Final Assessment
Final Assessment Roll for2022-2023 | City of New York
Taxable Status DateJanuary 5, 2022
 EXPLANATION OF ASSESSMENT ROLL
Owner Name118 SPRING ST PARTNERS
Property Address118 SPRING STREET 10012
Billing Name and Address 
  
  
  
Tax Class2B
Building ClassD7 - ELEVATOR APT; SEMI-FIREPROOF WITH STORES

Property Owner(s)
118 SPRING ST PARTNERS

Land Information
Lot Size 
        Frontage (feet)22.25
        Depth (feet)52.33
        Land Area (sqft)1,164
Regular / IrregularRegular
Corner 
Number of Buildings1
Building Size 
        Frontage (feet)22.00
        Depth (feet)52.00
Stories7
ExtensionN

Assessment Information
DescriptionLandTotal
                                 ESTIMATED MARKET VALUE582,0008,230,000
                                 MARKET AV261,9003,703,500
                                 MARKET EX0
                                 8-30% limitation - AV179,8332,542,995
                                 EXEMPT VALUE0

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2022/23 Taxes Will Be Based On2,542,995

Market Value History
Tax YearMarket Value
2022 - 20238,230,000                                                           
2021 - 20226,584,000                                                           
2020 - 20216,392,000                                                           
2019 - 20205,937,600                                                           
2018 - 20194,948,000                                                           

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


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