DOF: Condominium Comparable Rental Income – Manhattan – FY 2011/2012

Condominiums and cooperatives are valued as if they were residential rental apartments. Income information from similar rental properties is applied to determine value.
The Department of Finance (DOF) chooses similar properties to value condos and coops. Properties are selected based on a combination of factors such as: land location, income levels, building age and construction and exemptions and subsidies.
Organization: City of New York
Last updated: 2021-08-07T16:53:45.362354
Tags: apartment, borough, buildings, condominiums, cooperatives, department-of-finance, dof, finance, manhattan, rental-properties, rental-property, residential