New York City Coop and Condo Abatements and more

If you live in New York City and own a cooperative apartment and you live in your apartment you may qualify for the Coop and Condo Abatement.

Go to https://tax.tidalforce.org/abatement1.html#pay1

Now there is a tool to approximate what your Coop Abatement credit should be.  Of course, this may depend on your number of shares and the total number of shares in the cooperative that qualify for the abatement.  But the application just assumes equal shares for all qualifying apartments.  You can easily scale the number based on your particular cooperative share values.  We recommend you read this document from New York City Department of Finance  If you want to see other buildings, https://tax.tidalforce.org/abatement1.html#pay1 will help you compare to other buildings.

Let's take a real example:

Let's say you live at "215 EAST 74TH STREET".  This is a cooperative building. You will see something like:
Buy $10 Exemption/Abatement Report for 215 EAST 74 STREET MANHATTAN 1014290005


You will select the "Buy link" and it will generate a report that summarizes the abatement and exemption history for the given address for the information that is available.

Most Recent Exemption/Abatement Report |  Tax History Report for input: BBL: 1014290005  Notes: Assuming equal shares in coop (coop only) and particular apartment is owner occupied should receive coop/condo abatement credit of $2088 for 2017-06-02 most recent year where information is available | Basic STAR found 
Amount: $10 just now, generating report, can take a minute or so Payment complete.
This is assuming equal shares in the cooperative.  But let's give a more realistic example, this cooperative has 105 apartments that qualify for the coop abatement and it receives $219,338 in abatements for 6/2/2017 bill.  See 

10142900052017-06-02details-abatementsco-op/condo abatement-219338105

See https://nycprop.nyc.gov/nycproperty/StatementSearch?bbl=1014290005&stmtDate=20170602&stmtType=SOA

Let's say you really own 10 shares and the total of the 105 qualifying apartments is 2000 shares, then you would take 10 / 2000 * 219,338 to get your actual credit of $1096.69

This is a starting point to get owners aware of the credit.  We will enhance the application to store the owners shares and building shares to give a more accurate credit value in the future.

A full report would look like this:

Full

bblactivitythroughsectionkeyvaluevaluestrmetametastraptsaptsstr
10142900052017-06-02Mailing addressMailing address:\nC\O MAXWELL KATES\n207 E. 74 ST. OWNERS INC.
10142900052017-06-02Owner name207 E. 74 ST. OWNERS INC.
10142900052017-06-02detailsannual property tax1262545
10142900052017-06-02details-exemptionsbasic star - school tax relief-8540-8892039
10142900052017-06-02details-abatementsco-op/condo abatement-219338105
10142900052017-06-02detailscurrent tax rate12.8920%
10142900052017-06-02details-exemptionsenhanced star - school tax relief-4221-449109
10142900052017-06-02detailsestimated market value28854000
10142900052017-06-02details-exemptionssenior citizens homeowners' exemption-7857-60941
10142900052017-06-02detailstax before abatements14818831481883
10142900052017-06-02detailstax before exemptions and abatements150641511684880
10142900052017-06-02detailstax class2 - residential, more than 10 units
10142900052017-06-02details-exemptionsveteran exemption-3914-72054
10142900052016-06-03Mailing addressC\O MAXWELL KATES\n207 E. 74 ST. OWNERS INC.\n9 E. 38TH ST.
10142900052016-06-03Owner name207 E. 74 ST. OWNERS INC.
10142900052016-06-03detailsannual property tax1214416
10142900052016-06-03details-exemptionsbasic star - school tax relief-12161-9440040
10142900052016-06-03details-abatementsco-op/condo abatement-19675799
10142900052016-06-03detailscurrent tax rate12.8830%
10142900052016-06-03details-exemptionsenhanced star - school tax relief-5543-461709
10142900052016-06-03detailsestimated market value28478000
10142900052016-06-03details-exemptionssenior citizens homeowners’ exemption-7753-60181
10142900052016-06-03detailstax before abatements14111731411173
10142900052016-06-03detailstax before exemptions and abatements144027011179620
10142900052016-06-03detailstax class2 - residential, more than 10 units
10142900052016-06-03details-exemptionsveteran exemption-3640-68937
10142900052015-06-05Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052015-06-05Owner name207 E. 74 ST. OWNERS INC.
10142900052015-06-05detailsannual property tax1152461
10142900052015-06-05details-exemptionsbasic star - school tax relief-11177-8695037
10142900052015-06-05details-abatementsco-op/condo abatement-18269299
10142900052015-06-05detailscurrent tax rate12.8550%
10142900052015-06-05details-exemptionsenhanced star - school tax relief-4927-409608
10142900052015-06-05detailsestimated market value24359000
10142900052015-06-05detailstax before abatements13351531335153
10142900052015-06-05detailstax before exemptions and abatements135454510537110
10142900052015-06-05detailstax class2 - residential, more than 10 units
10142900052015-06-05details-exemptionsveteran exemption-3288-64975
10142900052015-02-20Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052015-02-20Owner name207 E. 74 ST. OWNERS INC.
10142900052015-02-20detailsannual property tax1120313
10142900052015-02-20details-exemptionsbasic star - school tax relief-11778-9165039
10142900052015-02-20details-abatementsco-op/condo abatement-17787599
10142900052015-02-20detailscurrent tax rate12.8550%
10142900052015-02-20details-exemptionsenhanced star - school tax relief-4832-401608
10142900052015-02-20detailsestimated market value24746000
10142900052015-02-20detailstax before abatements12981881298188
10142900052015-02-20detailstax before exemptions and abatements131799710252800
10142900052015-02-20detailstax class2 - residential, more than 10 units
10142900052015-02-20details-exemptionsveteran exemption-3199-63223
10142900052015-01-15nopvexpenses2224110
10142900052015-01-15nopvgross income5314050
10142900052014-11-21Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052014-11-21Owner name207 E. 74 ST. OWNERS INC.
10142900052014-11-21detailsannual property tax1122021
10142900052014-11-21details-exemptionsbasic star - school tax relief-11778-9165039
10142900052014-11-21details-abatementsco-op/condo abatement-17616798
10142900052014-11-21details-exemptionsenhanced star - school tax relief-4832-401608
10142900052014-11-21detailsestimated market value24746000
10142900052014-11-21detailsnew tax rate5.0600%
10142900052014-11-21detailsoriginal tax rate5.3960%billed june 2014
10142900052014-11-21detailstax before abatements12981881298188
10142900052014-11-21detailstax before exemptions and abatements131799710252800
10142900052014-11-21detailstax class2 - residential, more than 10 units
10142900052014-11-21details-exemptionsveteran exemption-3199-63223
10142900052014-08-22Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052014-08-22Owner name207 E. 74 ST. OWNERS INC.
10142900052014-06-06Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052014-06-06Owner name207 E. 74 ST. OWNERS INC.
10142900052014-06-06detailsannual property tax1146705
10142900052014-06-06details-exemptionsbasic star - school tax relief-10871-8460036
10142900052014-06-06details-abatementsco-op/condo abatement-18084097
10142900052014-06-06detailscurrent tax rate13.1450%
10142900052014-06-06details-exemptionsenhanced star - school tax relief-4831-401608
10142900052014-06-06detailsestimated market value24746000
10142900052014-06-06detailstax before abatements132754510044949
10142900052014-06-06detailstax before exemptions and abatements134773110252800
10142900052014-06-06detailstax class2 - residential, more than 10 units
10142900052014-06-06details-exemptionsveteran exemption-4484-83091
10142900052014-02-21Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052014-02-21Owner name207 E. 74 ST. OWNERS INC.
10142900052014-02-21detailsannual property tax1092844
10142900052014-02-21details-exemptionsbasic star - school tax relief-13900-10575047
10142900052014-02-21details-abatementsco-op/condo abatement 119 unit s-188777
10142900052014-02-21detailscurrent tax rate13.1450%
10142900052014-02-21details-exemptionsenhanced star - school tax relief-4736-380808
10142900052014-02-21detailsestimated market value23395000
10142900052014-02-21detailstax before abatements12816219700398
10142900052014-02-21detailstax before exemptions and abatements13045979924660
10142900052014-02-21detailstax class2 - residential, more than 10 units
10142900052014-02-21details-exemptionsveteran exemption-4340-80432
10142900052014-01-15nopvexpenses1698914
10142900052014-01-15nopvgross income4944403
10142900052013-11-22Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052013-11-22Owner name207 E. 74 ST. OWNERS INC.
10142900052013-11-22detailsannual property tax1092844
10142900052013-11-22details-exemptionsbasic star - school tax relief-13900-10575047
10142900052013-11-22details-abatementsco-op/condo abatement 119 unit s-188777
10142900052013-11-22details-exemptionsenhanced star - school tax relief-4736-380808
10142900052013-11-22detailsestimated market value23395000
10142900052013-11-22detailsnew tax rate5.3960%
10142900052013-11-22detailsoriginal tax rate5.0230%billed june 2013
10142900052013-11-22detailstax before abatements12816219700398
10142900052013-11-22detailstax before exemptions and abatements13045979924660
10142900052013-11-22detailstax class2 - residential, more than 10 units
10142900052013-11-22details-exemptionsveteran exemption-4340-80432
10142900052013-08-23Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052013-08-23Owner name207 E. 74 ST. OWNERS INC.
10142900052013-08-23detailsannual property tax1096155
10142900052013-08-23details-exemptionsbasic star - school tax relief-13938-10575047
10142900052013-08-23details-abatementsco-op/condo abatement 119 unit s-189301
10142900052013-08-23detailscurrent tax rate13.1810%
10142900052013-08-23details-exemptionsenhanced star - school tax relief-4735-380808
10142900052013-08-23detailsestimated market value23395000
10142900052013-08-23detailstax before abatements12854569700398
10142900052013-08-23detailstax before exemptions and abatements13081699924660
10142900052013-08-23detailstax class2 - residential, more than 10 units
10142900052013-08-23details-exemptionsveteran exemption-4040-80432
10142900052013-06-07Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052013-06-07Owner name207 E. 74 ST. OWNERS INC.
10142900052013-06-07detailsannual property tax1098497
10142900052013-06-07details-exemptionsbasic star - school tax relief-13938-10575047
10142900052013-06-07details-abatementsco-op/condo abatement 119 unit s-186959
10142900052013-06-07detailscurrent tax rate13.1810%
10142900052013-06-07details-exemptionsenhanced star - school tax relief-4735-380808
10142900052013-06-07detailsestimated market value23395000
10142900052013-06-07detailstax before abatements12854569700398
10142900052013-06-07detailstax before exemptions and abatements99246609924660
10142900052013-06-07detailstax class2 - residential, more than 10 units
10142900052013-06-07details-exemptionsveteran exemption-4040-80432
10142900052013-02-22Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052013-02-22Owner name207 E. 74 ST. OWNERS INC.
10142900052013-02-22detailsannual property tax1031550
10142900052013-02-22details-exemptionsbasic star - school tax relief-14841-11526051
10142900052013-02-22details-abatementsco-op/condo abatement 121 unit s-211767
10142900052013-02-22detailscurrent tax rate13.1810%
10142900052013-02-22details-exemptionsenhanced star - school tax relief-4639-375208
10142900052013-02-22detailsestimated market value23240000
10142900052013-02-22detailstax before abatements12433179379447
10142900052013-02-22detailstax before exemptions and abatements12667099610110
10142900052013-02-22detailstax class2 - residential, more than 10 units
10142900052013-02-22details-exemptionsveteran exemption-3912-77883
10142900052013-01-15nopvexpenses1542791
10142900052013-01-15nopvgross income4614958
10142900052012-11-30Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052012-11-30Owner name207 E. 74 ST. OWNERS INC.
10142900052012-11-30detailsannual property tax1031550
10142900052012-11-30details-exemptionsbasic star - school tax relief-14841-11526051
10142900052012-11-30details-abatementsco-op/condo abatement 121 unit s-211767
10142900052012-11-30details-exemptionsenhanced star - school tax relief-4639-375208
10142900052012-11-30detailsestimated market value23240000
10142900052012-11-30detailsnew tax rate5.0230%
10142900052012-11-30detailsoriginal tax rate4.8510%billed june 2012
10142900052012-11-30detailstax before abatements12433179379447
10142900052012-11-30detailstax before exemptions and abatements12667099610110
10142900052012-11-30detailstax class2 - residential, more than 10 units
10142900052012-11-30details-exemptionsveteran exemption-3912-77883
10142900052012-08-17Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052012-08-17Owner name207 E. 74 ST. OWNERS INC.
10142900052012-08-17detailsannual property tax1051752
10142900052012-08-17details-exemptionsbasic star - school tax relief-14840-11526051
10142900052012-08-17details-abatementsco-op/condo abatement 121 unit s @ 17.5%-215917
10142900052012-08-17detailscurrent tax rate13.4330%
10142900052012-08-17details-exemptionsenhanced star - school tax relief-4639-375208
10142900052012-08-17detailsestimated market value23240000
10142900052012-08-17detailstax before abatements12676699379447
10142900052012-08-17detailstax before exemptions and abatements12909269610110
10142900052012-08-17detailstax class2 - residential, more than 10 units
10142900052012-08-17details-exemptionsveteran exemption-3778-77883
10142900052012-06-08Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052012-06-08Owner name207 E. 74 ST. OWNERS INC.
10142900052012-06-08detailsannual property tax1051752
10142900052012-06-08details-exemptionsbasic star - school tax relief-14840-11526051
10142900052012-06-08details-abatementsco-op/condo abatement 121 unit s @ 17.5%-215917
10142900052012-06-08detailscurrent tax rate13.4330%
10142900052012-06-08details-exemptionsenhanced star - school tax relief-4639-375208
10142900052012-06-08detailsestimated market value23240000
10142900052012-06-08detailstax before abatements12676699379447
10142900052012-06-08detailstax before exemptions and abatements12909269610110
10142900052012-06-08detailstax class2 - residential, more than 10 units
10142900052012-06-08details-exemptionsveteran exemption-3778-77883
10142900052012-02-24Mailing address207 E. 74 ST. OWNERS INC.\nC\O MAXWELL KATES\n9 E. 38TH ST.
10142900052012-02-24Owner name207 E. 74 ST. OWNERS INC.
10142900052012-02-24detailsannual property tax1020647
10142900052012-02-24details-exemptionsbasic star - school tax relief-15483-11526051
10142900052012-02-24details-abatementsco-op/condo abatement 121 unit s @ 17.5%-209523
10142900052012-02-24detailscurrent tax rate13.4330%
10142900052012-02-24details-exemptionsenhanced star - school tax relief-4857-361608
10142900052012-02-24detailsestimated market value21339000
10142900052012-02-24details-abatementsj51 abatement-1198
10142900052012-02-24details-abatementssenior citizens rent increase exemption revocation8948
10142900052012-02-24detailstax before abatements12313689118352
10142900052012-02-24detailstax before exemptions and abatements12553829345510
10142900052012-02-24detailstax class2 - residential, more than 10 units
10142900052012-02-24details-exemptionsveteran exemption-3674-75738
10142900052012-01-15nopvexpenses1586130
10142900052012-01-15nopvgross income4664310
10142900052011-11-18Mailing addressC\O MAXWELL KATES\n\nNEW YORK, NY 10016-0003
10142900052011-11-18Owner name207 E. 74TH ST.
10142900052011-11-18detailsannual property tax1020647



Let's say you live at "322 W 57th St" .  This is a condominium building.  It is simpler because the abatement is already broken down by apartment.

You will input the address and see:

tax billing lot (e.g., condo) Buy $10 Exemption/Abatement Report for 322 WEST 57 STREET MANHATTAN 1010477503Buy $10 Exemption/Abatement Report for 322 WEST 57 STREET 41P1 [1010472396]Buy $10 Exemption/Abatement Report for 322 WEST 57 STREET 18H [1010472050]Buy $10 Exemption/Abatement Report for 322 WEST 57 STREET 34Q1 [1010472309]


For example let's say you live at Apt 18H

You will select the appropriate buy link.

You will see

Most Recent Exemption/Abatement Report |  Tax History Report for input: BBL: 1010472050  Notes: Assuming equal shares in coop (coop only) and particular apartment is owner occupied should receive coop/condo abatement credit of $1832 for 2017-06-02 most recent year where information is available | Basic STAR Exemption not found 
Amount: $10 just now, generating report, can take a minute or so Payment complete.

A report will look like:

Most Recent Report
Abatements
bblactivitythroughsectionkeyvaluevaluestrmetametastraptsaptsstr
10104720502017-06-02details-abatementsco-op/condo abatement-18321

Exemptions
bblactivitythroughsectionkeyvaluevaluestrmetametastraptsaptsstr

Full

bblactivitythroughsectionkeyvaluevaluestrmetametastraptsaptsstr
10104720502017-06-02Mailing addressMailing address:\n322 W. 57TH ST. APT. 18H\nNEW YORK NY 10019-3720
10104720502017-06-02Owner nameDAVID LIN
10104720502017-06-02detailsannual property tax8637
10104720502017-06-02details-abatementsco-op/condo abatement-18321
10104720502017-06-02detailsco-op/condo benefit based on average assessed value of145854
10104720502017-06-02detailscurrent tax rate12.8920%
10104720502017-06-02detailsestimated market value192261
10104720502017-06-02detailstax before abatements1046910469
10104720502017-06-02detailstax before exemptions and abatements1046981202
10104720502017-06-02detailstax class2 - residential, more than 10 units
10104720502015-06-05Mailing addressLIN, SUJINTA\nAPT. 18H\nNEW YORK , NY 10019-3720
10104720502015-06-05Owner nameDAVID LIN
10104720502015-06-05detailsannual property tax9539
10104720502015-06-05detailscurrent tax rate12.8550%
10104720502015-06-05detailsestimated market value172435
10104720502015-06-05detailstax before abatements95399539
10104720502015-06-05detailstax before exemptions and abatements953974208

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