Non-primary residence property surcharge

The surcharge applies to certain properties in New York City that are not used as a primary residence. For property tax years 2026-27 and 2027-28, the surcharge may apply to:

• One-, two-, and three-family homes valued by DOF at more than $5 million
• Condominium and cooperative units valued by DOF at $1 million or more

The surcharge will generally not apply if the property is used as a primary residence by the owner, a tenant or immediate family member of the owner, or one or more individuals with a majority interest in an entity that owns the property.

The Department of Finance published a supplemental market value roll on July 24, 2026, related to the annual non-primary residence property surcharge. This roll includes, but is not limited to, those properties that may be subject to the surcharge. You can inspect and examine the roll on our Property Assessments page.

For property tax years 2026-27 and 2027-28, the surcharge will generally apply as follows:

Your property will not be subject to the surcharge if it is the primary residence of any of the following:

• The owner of the property.
• A tenant or subtenant.
• One or more individuals who collectively hold a majority interest in the LLC, corporation, or partnership that owns the property.
• An immediate family member of the owner or majority interest holder.
• The sole beneficiary or beneficiaries of a trust.

If you submit proof that your property meets any of the above criteria, you will not have to pay the surcharge.

Submit your surcharge exemption application for residential homes and condos or co-ops to provide the documentation described below.

The specific documents you must provide when applying for an exemption will depend on who is using the property as a primary residence.

Primary residence documents

All owners applying for an exemption from the surcharge will be asked to provide the following for each occupant you identify as using the property as a primary residence:

• Most recently filed federal or state tax return

If a tax return is not available, you can provide any two of the following three items:

• Driver’s license or other DMV-issued identification
• Voter identification card
• Other proof showing that the property is your primary residence

Tenant documents

If the property is the primary residence of a tenant or subtenant, you will be asked to provide the primary residence documents listed above, as well as:

• A copy of the current lease and one additional rental document, such as a utility bill, proof of rent payment, or renter’s insurance policy, OR
• A Tenant or Subtenant Affidavit and two additional rental documents

Immediate family member

If the property is the primary residence of an immediate family member of the owner or majority interest holder, you will be asked to provide the primary residence documents listed above, as well documentation proving the family relationship.

• Birth certificate
• Marriage certificate
• Immediate Family Member Affidavit Form

Business entity

If the property is owned by a business entity (such as an LLC, corporation, trust, or partnership) and is used as a primary residence by a majority member, shareholder, or partner, you will be asked to provide the primary residence documents listed above.

In addition, you must provide:

• Partnership agreement, trust agreement or affidavit, LLC operating agreement, or articles of incorporation
• Majority Interest Affidavit

If you believe the Department of Finance has incorrectly valued your property, you can file a challenge with the New York City Tax Commission. Visit the Tax Commission’s surcharge appeal page for more information. Note that you can also ask the Tax Commission to review whether your property is exempt from the surcharge because it is used as a primary residence. If you choose to do so, you must also file a challenge to your property’s value, and you will not be able to apply for an exemption from the Department of Finance.

My property is my primary residence, and I do not have a second home. Why did I get a letter?

The Department of Finance sent letters to owners of properties that may be subject to the surcharge. You may have received a letter because our records did not allow us to confirm that the property is being used as a primary residence.

Receiving a letter does not necessarily mean that you will owe the surcharge. If the property is used as a primary residence, submit an exemption application by the deadline listed in your letter. We will review your application and notify you of our determination.

My property appears on the supplemental property tax roll on DOF’s Property Assessments page. Does that mean it is subject to the surcharge?

Not every property or unit on the supplemental property tax roll will be subject to the surcharge. Only property owners who DOF sent a notification by mail are required to take further action.

The Department of Finance published a supplemental market value roll on July 24, 2026, related to the annual non-primary residence property surcharge. This roll includes, but is not limited to, all 1-, 2-, and 3-family homes and all co-op and condominium properties, as well as each individual co-op unit in a building in which at least one unit may be subject to the surcharge.

My property appears on the supplemental property tax roll. Why didn’t I receive a letter?

Not every property or unit on the supplemental property tax roll will be subject to the surcharge. Only property owners who DOF sent a notification by mail are required to take further action.

Why did I receive a letter if my co-op or condo is valued at less than $5 million?

The value threshold for co-ops and condos is different from that of 1-, 2-, and 3-family homes. Under state law, co-ops and condos are valued differently from other residential properties.

For the first two years of the surcharge, a co-op or condo may be subject to the surcharge if the Department of Finance has determined that its value is at least $1 million. Generally, under state law, a co-op or condo valued at $1 million or more by the Department of Finance is comparable to a single-family home valued at $5 million or more.

Receiving a letter does not necessarily mean that you owe the surcharge. You may qualify for an exemption from the surcharge if the unit is used as a primary residence. If you believe your property should not be subject to the surcharge, please submit a surcharge exemption application.

I’m having trouble completing the surcharge exemption application. What should I do?

If your application will not load, please wait a few minutes and refresh the page.

If you experience other technical issues, please contact us. Be sure to include the property address, borough-block-lot number, a description of the problem, and a screenshot of any error message you received.

The Department of Finance will review your response and documents. We will send you a determination letter informing you whether we have approved your application for exemption from the surcharge.

If your application is denied, you may file an application with the New York City Tax Commission to appeal DOF’s determination. Visit the Tax Commission’s surcharge appeal page for more information.

If your property is subject to the surcharge, charges will appear on your property tax bill that is due January 1, 2027.

If you have questions about the non-primary residence surcharge, please call 311 or contact us.