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Hi Jen,
The property taxes vary and much of it is based on size, improvements made on a particular home, zoning, or whether the home is a one family or multi family. We live in Brooklyn and pulled up 4 examples from the MLS.
I found a 3 family short sale which is 19 x 47 ft., with a lot size of 19 x 106. The property taxes on that home are $3,840 and the zoning is R5.
Next, there is a one family, 20 x 33 ft., lot size 20 x 105, zoned R 4 with annual taxes of $3,175.
The third is a one family, 16 x 40 ft, lot size 21 x 100., zoning is R 4-1 and the taxes are $2,988.
Our own listing in Midwood is a one family zoned for an extension. Our home is 20 x 60 ft., lot size 20 x 77, zoned for R5b.
It's a good idea to check out the NYC Zoning handbook which will give you more information about the classifications. Here is the link:
http://www.nyc.gov/html/dcp/html/pub/zonehand.shtml
Also you can Google specific codes such as "New York City zoning" AND 'R-6", if you happen to know the zoning for the property you are interested in. Any realtor can get you this information either from the listings on the MLS or from Realist.com, which has the tax records. If you are looking in Midwood, feel free to contact us because we do alot of work in that area.
Hope this is helpful!
Bonnie & David
Thu Jan 29 2009, 19:49