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2024 - 2025 Tentative Assessment
Tentative Assessment Roll for2024-2025 | City of New York
Taxable Status DateJanuary 5, 2024
 EXPLANATION OF ASSESSMENT ROLL
Owner NameJOANMAR RLTY INC
Property Address118 LEXINGTON AVENUE 10016
Billing Name and AddressJOANMAR RLTY INC.
 JOMAR REALTY INC.
 116 LEXINGTON AVE.
 NEW YORK NY 10016-8925
Tax Class2A
Building ClassS9 - SINGLE OR MULTIPLE DWELLING WITH STORES

Property Owner(s)
JOANMAR RLTY INC

Land Information
Lot Size 
        Frontage (feet)19.75
        Depth (feet)77.00
        Land Area (sqft)1,521
Regular / IrregularRegular
CornerSW
Number of Buildings1
Building Size 
        Frontage (feet)19.00
        Depth (feet)70.00
Stories4
ExtensionE

Assessment Information
DescriptionLandTotal
                                 ESTIMATED MARKET VALUE809,0002,096,000
                                 8-30% limitation - AV306,451793,970
                                 EXEMPT VALUE0

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2024/25 Taxes Will Be Based On793,970

Market Value History
Tax YearMarket Value
2024 - 2025 (tentative)2,096,000                                                           
2023 - 20242,507,000                                                           
2022 - 20232,765,000                                                           
2021 - 20223,008,000                                                           
2020 - 20213,164,000                                                           

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


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