Condo and co-op units on the roll
2,508
Units at or over $1,000,000
47
Median value of those units
$1,221,676
Unit exposure / yr
$2.5 million
Houses in Midtown: 38 one- to three-family homes are on the roll, and 27 are valued at $5,000,000 or more, with a median value of $6,764,000 among those. Individual houses are never listed.
Each figure is a ceiling that assumes no over-the-line home is anyone’s primary residence. Buildings are placed in Midtown by their geocoded address; houses are grouped by ZIP code into the nearest neighborhood.
Buildings in Midtown with units over the line
| Building | Type | Units over the line | Top DOF value | Phase 1 exposure / yr |
|---|---|---|---|---|
| 400 Fifth Avenue | Condo | 20 of 163 | $1,811,374 | $1,023,481 |
| 520 Fifth Avenue | Condo | 12 of 100 | $1,585,896 | $589,065 |
| 24 West 45th Street | Condo | 6 of 8 | $1,232,358 | $268,329 |
| 425 Fifth Avenue | Condo | 2 of 172 | $2,947,733 | $196,459 |
| 66 West 45th Street | Condo | 3 of 53 | $1,450,589 | $152,766 |
| 16 West 40th Street | Condo | 2 of 57 | $1,609,553 | $126,412 |
| 445 Fifth Avenue | Condo | 2 of 174 | $1,390,821 | $108,347 |
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.
Own in Midtown?
Look up your unit’s DOF market value and the Phase 1 figure on screen, free.
Milton Coste | Licensed Real Estate Associate Broker | Keller Williams NYC | 917.416.7433
More on Midtown
- Midtown market report
- Selling in Midtown
- Manhattan pied-a-terre tax exposure
- Keep, lease or sell calculator
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.