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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 NameMBP 248 FLATBUSH TIC LLC
Property Address248 FLATBUSH AVENUE 11217
Billing Name and Address 
  
  
  
Tax Class4
Building ClassK1 - ONE STORY RETAIL

Property Owner(s)
MBP 248 FLATBUSH TIC LLC
ZP 2015 TR 248 FLATBUSH TIC LLC
TP 2015 TR 248 FLATBUSH TIC LLC

Land Information
Lot Size 
        Frontage (feet)33.00
        Depth (feet)70.92
        Land Area (sqft)2,310
Regular / IrregularIrregular
Corner 
Number of Buildings1
Building Size 
        Frontage (feet)33.00
        Depth (feet)58.00
Stories1
ExtensionN

Assessment Information
DescriptionLandTotal
                                 ESTIMATED MARKET VALUE109,0001,133,000
                                 MARKET AV49,050509,850
                                 MARKET EX0
                                 TRANS AV49,050485,550
                                 TRANS EX0

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2024/25 Taxes Will Be Based On485,550

Market Value History
Tax YearMarket Value
2024 - 2025 (tentative)1,133,000                                                           
2023 - 20241,124,000                                                           
2022 - 20231,108,000                                                           
2021 - 2022955,000                                                           
2020 - 20211,075,000                                                           

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


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