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2023 - 2024 Tentative Assessment
Tentative Assessment Roll for2023-2024 | City of New York
Taxable Status DateJanuary 5, 2023
 EXPLANATION OF ASSESSMENT ROLL
Owner Name118 SPRING ST PARTNERS
Property Address118 SPRING STREET 10012
Billing Name and AddressSIGNATURE BANK (NY)
  
 29 W 38TH ST FL 7
 NEW YORK NY 10018-2087
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 VALUE582,0007,597,000
                                 8-30% limitation - AV210,4022,746,435
                                 EXEMPT VALUE0

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2023/24 Taxes Will Be Based On2,746,435

Market Value History
Tax YearMarket Value
2023 - 2024 (tentative)7,597,000                                                           
2022 - 20238,230,000                                                           
2021 - 20226,584,000                                                           
2020 - 20216,392,000                                                           
2019 - 20205,937,600                                                           

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


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