Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Red Hook Pied-a-Terre Tax Exposure

On the July 24, 2026 DOF roll, 11 condo and co-op units in Red Hook are valued at $1,000,000 or more, about $558,317 a year of Phase 1 exposure if none were a primary residence.

Updated October 9, 2026

Condo and co-op units on the roll

251

Units at or over $1,000,000

11

Median value of those units

$1,184,839

Unit exposure / yr

$558,317

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

Buildings in Red Hook with units over the line

BuildingTypeUnits over the lineTop DOF valuePhase 1 exposure / yr
160 Imlay StreetCondo10 of 70$1,572,241$513,457
1 North PierCondo1 of 181$1,121,488$44,860

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 Red Hook?

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 Red Hook

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.

Call Text Valuation