Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

57-10 Junction Boulevard Pied-a-Terre Tax: DOF Values and Surcharge Exposure

DOF market values for every unit on the July 24, 2026 roll, how many sit over the $1,000,000 line, and what the Phase 1 surcharge would come to.

Updated October 9, 2026

57-10 Junction Boulevard is a condominium in Rego Park, Queens with 1 units on the Department of Finance’s July 24, 2026 supplemental roll. 1 of them carry a DOF market value of $1,000,000 or more, and the median value across the building is $5,854,036.

Units on the roll

1

At or over $1,000,000

1 (100%)

Top DOF value

$5,854,036

Phase 1 exposure / yr

$380,512

If none of the over-the-line units were a primary residence, the Phase 1 surcharge would total about $380,512 a year. That is a ceiling: owners who live there, lease for a year or more to a primary-resident tenant, or house an immediate family member owe nothing. See every exemption.

How values spread across the building

Under $500,000
0
$500,000 to $999,999
0
$1,000,000 to $2,999,999
0
$3,000,000 to $4,999,999
0
$5,000,000 and up
1

Phase 2 sensitivity

From July 1, 2028, Phase 2 moves condos and co-ops to a $5,000,000 threshold and the 0.8%, 1.05% and 1.3% schedule, measured under a new DOF assessed-value system that DOF has not finalized. It is scheduled, not settled. On today’s DOF values, 1 unit in this building would sit at or above the $5,000,000 Phase 2 line.

Lease it out

A 12-month arm’s-length lease to a tenant who makes the apartment their primary residence removes the surcharge for that unit. See every exemption and what proves it.

This building has fewer than three leases on the RLS in the last 24 months, so the neighborhood figures below stand in for it.

What apartments ask in Rego Park

SizeMedian asking rent / monthRangeSource
Studio$2,781$2,503 to $3,059StreetEasy median asking rent, Rego Park, July 2026
One bedroom$2,913$2,622 to $3,204StreetEasy median asking rent, Rego Park, July 2026
Two bedrooms$3,450$3,105 to $3,795StreetEasy median asking rent, Rego Park, July 2026
Three or more bedrooms$4,318$3,886 to $4,750StreetEasy median asking rent, Rego Park, July 2026

Asking rents, not signed leases. RLS rows use the 25th to 75th percentile of active listings; StreetEasy rows show 10% either side of the median. RLS data provided by the REBNY Listing Service, deemed reliable but not guaranteed.

Run the keep, lease or sell math

The calculator opens with this building’s median DOF value filled in. Change it to your own unit’s figures.

Have Milton lease it

  • A 12-month lease to a tenant who makes it their primary residence, papered so the exemption holds (how the REBNY lease rider works).
  • Tenant screening and the lease handled end to end.
  • Listed on the RLS and the major portals.

Milton Coste, Licensed Real Estate Associate Broker, Keller Williams NYC

Have Milton sell it

  • The DOF figure above is a tax number, not a price. I price from closed sales in the nearest comparable buildings.
  • Marketing, showings, the board or offering-plan paperwork and the closing, handled end to end.
  • Listed on the RLS and the major portals.

Milton Coste, Licensed Real Estate Associate Broker, Keller Williams NYC

Check your own unit

Pick your apartment at 57-10 Junction Boulevard and see its value, band and annual figure on screen. Open the check for this building.

Milton Coste | Licensed Real Estate Associate Broker | Keller Williams NYC | 917.416.7433

The top 10 unit values on the DOF roll

ApartmentDOF market valueOver or under the linePhase 1 surcharge / yr
R8H$5,854,036Over$380,512

The 1 highest DOF values of 1 units. Apartment numbers and values as DOF published them; no owner information is collected or shown.

Around 57-10 Junction Boulevard

Ready to see your own number?

The lookup is free and shows the figure on screen first. If you want to talk through keeping, leasing or selling, call or message me.

Milton Coste | Licensed Real Estate Associate Broker | Keller Williams NYC | 917.416.7433

More on the NYC pied-a-terre tax

This page is educational and is not legal or tax advice. Rates, thresholds and dates come from NY Tax Law Article 30-C (text of the statute) and the NYC Department of Finance (non-primary residence surcharge page), checked October 9, 2026. Values come from the DOF supplemental market value roll of July 24, 2026 (DOF property assessments). A value on the roll shows exposure, not liability: the roll carries no occupancy information, and DOF says appearing on it does not mean a property is subject to the surcharge. Confirm your own situation with a New York attorney or your accountant. Milton Coste, Licensed Real Estate Associate Broker, Keller Williams NYC, 360 Madison Avenue, 9th Floor, New York, NY 10017.

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