How much do property taxes amount to in terms of their related asset worth in NYC?

Are they delivered in form of bill or notifies?


New York City has webpages that list the property tax rates and explain how to calculate property tax. It's pretty complicated, but at its root it depends on an estimate of the property's market value. There are law firms that specialize in appealing property valuations in return for a percentage of the reduction in the tax bill.

Property owners receive bills from the city. More information is available at the city's page on property tax bills and payments.

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