Model an entered abatement’s value and expiration impact.
Model an owner-entered benefit, linear phase-out assumption, and post-expiration carrying-cost change.
Part of the Landlord Operations Hub
Use the actual tax bill and official benefit schedule to model current annual benefit, a user-entered linear phase-out, and post-expiration carrying-cost increase.
Complete the inputs above, then calculate to review the result.
What this covers
- What it answers
- Model an owner-entered benefit, linear phase-out assumption, and post-expiration carrying-cost change.
- Who it is for
- Sellers and landlords alike.
- What you enter
- Program · Annual tax before benefit · Annual tax after benefit · Benefit start · Benefit expiration · Information as of · Total linear phase-out across remaining term · Property value · Monthly rent
- What it does not cover
- The tool does not identify a program or determine tax or rent-regulatory consequences.
Questions about the Tax Abatement Value & Expiration Scenario
What does the Tax Abatement Value & Expiration Scenario do?
Use the actual tax bill and official benefit schedule to model current annual benefit, a user-entered linear phase-out, and post-expiration carrying-cost increase.
Is the Tax Abatement Value & Expiration Scenario free?
Yes. It is free, and you see the result without signing up.
What do I need to enter?
Program, Annual tax before benefit, Annual tax after benefit, Benefit start, Benefit expiration, Information as of, Total linear phase-out across remaining term, Property value, and a few optional details. Every assumption can be changed.
How is the result calculated?
Current benefit is entered tax before abatement less tax after abatement. Remaining value assumes the entered phase-out occurs evenly across the remaining term; use zero when the actual schedule is flat and replace the result with the official schedule when available.
Where does the information come from?
NYC Tax Commission - Challenging a Notice of Property Value, NYC DOF - Residential property tax exemptions, NYC DOF - Property tax benefits, NYC DOF - 2026 Class 2 property tax guide. Last verified July 16, 2026.
Is this legal, tax, or accounting advice?
No. The result is an estimate for illustration. Check big decisions with your attorney, accountant, or a licensed broker.
Verify the underlying information
- NYC Tax Commission - Challenging a Notice of Property Value ↗
- NYC DOF - Residential property tax exemptions ↗
- NYC DOF - Property tax benefits ↗
- NYC DOF - 2026 Class 2 property tax guide ↗
The tool does not identify a program or determine tax or rent-regulatory consequences.