Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NoMad Pied-a-Terre Tax Exposure

On the July 24, 2026 DOF roll, 228 condo and co-op units in NoMad are valued at $1,000,000 or more, about $14.5 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

7,131

Units at or over $1,000,000

228

Median value of those units

$1,312,240

Unit exposure / yr

$14.5 million

Houses in NoMad: 160 one- to three-family homes are on the roll, and 79 are valued at $5,000,000 or more, with a median value of $6,650,000 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 NoMad by their geocoded address; houses are grouped by ZIP code into the nearest neighborhood.

Buildings in NoMad with units over the line

BuildingTypeUnits over the lineTop DOF valuePhase 1 exposure / yr
212 Fifth AvenueCondo25 of 47$6,582,312$1,928,916
398 Park Avenue SouthCondo29 of 81$2,219,577$1,651,050
21 East 26th StreetCondo4 of 4$6,742,859$1,025,389
15 East 30th StreetCondo14 of 199$2,945,276$942,052
15 East 26th StreetCondo15 of 69$2,433,930$941,009
277 Fifth AvenueCondo13 of 129$2,418,454$766,403
172 Madison AvenueCondo9 of 72$3,438,863$732,642
260 Fifth AvenueCo-op9 of 21$1,581,659$502,869
127 Madison AvenueCondo9 of 9$1,823,401$478,630
109 West 26th StreetCo-op7 of 14$2,721,660$476,289
142 West 26th StreetCo-op9 of 13$1,476,411$457,813
38 West 26th StreetCo-op6 of 17$1,459,000$338,488
141 West 26th StreetCo-op5 of 5$1,790,100$318,240
30 East 29th StreetCondo4 of 123$2,716,803$317,965
30 East 31st StreetCondo6 of 42$2,597,205$309,586
404 Park Avenue SouthCondo6 of 56$1,363,480$287,941
11 West 30th StreetCo-op5 of 17$1,348,350$263,198
105 East 29th StreetCo-op5 of 5$1,286,727$257,345
107 West 26th StreetCondo4 of 4$1,568,650$250,984
225 Fifth AvenueCondo5 of 187$1,696,441$248,733
130 West 30th StreetCondo4 of 45$1,952,138$239,138
101 West 24th StreetCondo5 of 202$1,540,269$233,407
1182 BroadwayCondo4 of 39$1,383,368$201,107
11 East 29th StreetCondo3 of 138$2,111,348$199,982
39-45 East 29th StreetCondo4 of 141$1,257,195$196,406

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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