Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Little Italy Pied-a-Terre Tax Exposure

On the July 24, 2026 DOF roll, 99 condo and co-op units in Little Italy are valued at $1,000,000 or more, about $9.0 million a year of Phase 1 exposure if none were a primary residence.

Updated October 9, 2026

Condo and co-op units on the roll

418

Units at or over $1,000,000

99

Median value of those units

$1,629,648

Unit exposure / yr

$9.0 million

Each figure is a ceiling that assumes no over-the-line home is anyone’s primary residence. Buildings are placed in Little Italy by their geocoded address; houses are grouped by ZIP code into the nearest neighborhood.

Buildings in Little Italy with units over the line

BuildingTypeUnits over the lineTop DOF valuePhase 1 exposure / yr
240 Centre StreetCondo1 of 1$33,226,000$2,159,690
30-36 Crosby StreetCondo13 of 13$2,824,805$941,678
372 Broome StreetCondo9 of 9$2,829,831$760,478
458 BroadwayCo-op8 of 8$2,235,500$715,360
152 Elizabeth StreetCondo7 of 7$3,536,895$534,330
129 Grand StreetCondo4 of 4$2,806,809$374,242
391 BroadwayCondo4 of 4$2,970,722$347,555
29 Howard StreetCondo4 of 4$3,230,048$298,785
405 BroadwayCondo3 of 3$2,435,333$292,239
240 Centre StreetCo-op5 of 54$2,247,733$286,271
115 Allen StreetCondo5 of 5$2,635,261$286,110
136 Grand StreetCo-op4 of 18$1,620,357$237,673
129 Lafayette StreetCondo3 of 27$2,424,387$234,696
153 BoweryCondo4 of 4$2,270,544$226,480
16 Crosby StreetCo-op4 of 4$1,295,708$202,601
182 Grand StreetCo-op4 of 9$1,759,362$194,960
164 Eldridge StreetCondo3 of 3$1,795,233$170,927
472 BroadwayCondo2 of 4$1,265,221$99,261
176 Mulberry StreetCondo2 of 5$1,448,151$98,824
123 Baxter StreetCondo2 of 23$1,168,152$92,828
161 Grand StreetCondo1 of 18$2,182,213$87,289
81 White StreetCondo1 of 11$2,049,816$81,993
158 Hester StreetCondo1 of 61$1,295,835$51,833
185 Grand StreetCondo1 of 20$1,272,863$50,915
395 BroadwayCondo1 of 63$1,214,181$48,567

Phase 1 exposure is the flat surcharge on every unit at or over the line, as if none were a primary residence. It is a ceiling, not a bill.

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

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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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