Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

East Village Pied-a-Terre Tax Exposure

On the July 24, 2026 DOF roll, 86 condo and co-op units in East Village are valued at $1,000,000 or more, about $7.6 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

1,204

Units at or over $1,000,000

86

Median value of those units

$1,290,871

Unit exposure / yr

$7.6 million

Houses in East Village: 54 one- to three-family homes are on the roll, and 24 are valued at $5,000,000 or more, with a median value of $7,672,500 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 East Village by their geocoded address; houses are grouped by ZIP code into the nearest neighborhood.

Buildings in East Village with units over the line

BuildingTypeUnits over the lineTop DOF valuePhase 1 exposure / yr
342 East 8th StreetCondo1 of 1$19,965,000$1,297,725
259 East 7th StreetCondo8 of 8$4,939,135$670,900
193-195 Second AvenueCondo1 of 1$7,042,999$457,795
89 Avenue ACondo1 of 1$5,770,800$375,102
438 East 12th StreetCondo7 of 82$1,927,456$365,906
97-101 Avenue BCondo1 of 1$5,618,000$365,170
298 East 2nd StreetCondo7 of 7$1,322,251$315,121
211-223 East 2nd StreetCondo5 of 8$1,827,558$307,326
125 East 4th StreetCondo1 of 1$4,783,000$251,108
240 East 10th StreetCondo4 of 35$1,834,077$238,954
50 Avenue ACondo1 of 1$4,508,000$236,670
525 East 12th StreetCondo5 of 5$1,294,326$229,201
517 East 11th StreetCondo4 of 6$1,324,361$203,620
436 East 11th StreetCondo4 of 4$1,547,630$201,880
235 East 2nd StreetCondo4 of 5$1,298,668$184,079
83-85 First AvenueCondo1 of 1$3,402,000$178,605
415 East 6th StreetCondo3 of 3$1,783,061$175,680
253 East 7th StreetCondo3 of 8$1,345,274$149,989
26 Avenue BCondo3 of 5$1,100,296$126,895
296 East 2nd StreetCondo2 of 8$1,617,059$123,319
214-216 Avenue ACondo1 of 1$2,905,000$116,200
186 East 2nd StreetCondo1 of 2$2,729,143$109,166
128 East 7th StreetCondo2 of 6$1,364,267$105,425
331 East 8th StreetCondo2 of 5$1,469,160$102,841
277 East 7th StreetCondo2 of 6$1,295,281$99,851

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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