Home Buying in Fort Greene>Question Details

Deepti Girvin, Home Buyer in New York, NY

Variations in property taxes.

Asked by Deepti Girvin, New York, NY Thu Feb 19, 2009

We have been looking for homes in Brooklyn to buy. We are a bit confused as to why taxes vary so much even when the properties are in the same neighborhood.

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Answers

1
The taxes in NYC are based upon a formula that uses a percentage of the value of the house to get the annual taxes.
0 votes Thank Flag Link Thu Feb 19, 2009
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