Updated September 2026. The city has not published rates for 2026-27, so the newest rates Finance publishes are still the tax year 2026 set, covering fiscal 2025-26. Queens closed the Fiscal Year 2027 final roll at $409.12 billion of market value across 373,738 tax lots, more than any other borough. The next dates that cost money are the October 1 quarterly tax payment, with a grace period to October 15, and five days after it the non-primary residence surcharge exemption deadline of October 6, 2026.

A Queens bill is assembled exactly like a bill in Manhattan or the Bronx. Finance estimates a market value, converts it to an assessed value at a fixed ratio, caps or phases in the change, subtracts exemptions, and multiplies the rest by the citywide rate for the tax class. None of that machinery is set in Queens County. Only the inputs change across a borough line, and the Queens inputs are unusual: 288,587 of the city’s 698,323 class 1 tax lots, 41 percent of the citywide total, sit in Queens. Our primer on how NYC property tax works has the arithmetic; this page has the Queens numbers.

What goes into a Queens property tax bill?

Every Queens lot sits in one of four tax classes, and the class fixes the valuation method and the rate. Counts are the FY2027 final roll.

The class mix is the borough’s signature: class 1 is 77 percent of Queens lots against 63 percent citywide. Only sub-classes 2a, 2b and 2c carry assessment caps, so an 11-unit Queens rental has none and is phased in instead.

Is there a separate Queens property tax rate?

No. The city council and the mayor set one annual rate per tax class for all five boroughs, so a Queens class 1 house and a Staten Island class 1 house are both taxed at 19.843%. A “Queens property tax rate” different from the class rate is an effective rate, meaning tax divided by a sale price.

The newest rates Finance publishes are labelled tax year 2026: 19.843%, 12.439%, 11.108% and 10.848% for classes 1 to 4. No 2026-27 rate is published as of September 2026. Three things do differ by borough: market values, class mix, and the neighborhoods those values are modelled from.

How does Finance value a Queens house, co-op or rental?

For the 288,587 class 1 lots, Finance uses statistical modeling of prices of similar properties, judged on size and location, that sold in the same neighborhood in the prior three years, so a Queens value moves with its own local market.

Class 2 is different by statute. State law mandates valuation as income-producing and requires co-ops and condos to be valued as if they were rental buildings. That bites hard in Queens, which holds 104,842 class 2 co-operative units, second only to Manhattan and more than Brooklyn, the Bronx and Staten Island put together. A Rego Park or Jackson Heights co-op is valued off modelled rents, never off what its shares trade for. Class 4 runs on income and expenses from the owner’s own Real Property Income and Expense filing, required above a $40,000 assessed value, with a rent roll at $750,000 or more. RPIE-2025 was due June 1, 2026, so a careless filing on a Queens rental is a self-inflicted assessment; our RPIE filing service handles it.

Then the limits. A class 1 assessment cannot rise more than 6% in one year or 20% over five; classes 2a, 2b and 2c, at ten units or fewer, cannot rise more than 8% a year or 30% over five. On a house held for years those caps compound, so an assessed value can keep climbing in a year when the notice value falls. For class 1, assessed value divided by 6% gives the effective market value; for classes 2a, 2b and 2c it is assessed value divided by 45%. That is the number an appeal must beat.

What did the FY2027 roll say about Queens?

Finance published the tentative roll on January 15, 2026, at $1.659 trillion citywide, up 5.4 percent. Queens came in at $408.99 billion of market value across 373,490 lots, up 5.29 percent, with taxable billable assessed value up 6.17 percent to $50.08 billion. Class 1 rose 4.91 percent to $303.2 billion and class 2 rose 7.83 percent to $48.05 billion. Finance named the borough twice: Queens class 1 assessed value rose 4.9 percent, behind only Staten Island’s 5.1 percent, and Manhattan, Brooklyn and Queens took 86.5 percent of the city’s construction activity.

The final roll of May 26, 2026 settled Queens at $409.12 billion of market value and $49.81 billion of taxable assessed value. Those values reflect activity from January 6, 2025 to January 5, 2026, so the market they measure is already a year old.

How much is property tax in Queens?

Finance publishes its own averages. On the FY2027 final roll the average Queens class 1 parcel carried a market value of $1,050,273 and average taxes of $8,020: $7,659 on a one-family, $8,381 on a two-family, $10,748 on a three-family. Class 2 averaged $4,593 per residential unit, $4,548 in a co-op and $6,290 in a condo. All are averages before abatements, not medians.

Inside the borough the spread is wide. Below is the average Finance market value of a class 1 lot for nine of the borough’s 67 ZIP codes. The full range runs wider: among Queens ZIP codes with at least 500 class 1 lots in the Open Data extract it stretches from $677,943 in 11693 to $1,812,187 in 11101, with Forest Hills 11375 at $1,580,463 across 6,149 lots.

Counts and averages in this table come from the city’s open assessment extract, which carries 290,908 Queens class 1 lots against the 288,587 in Finance’s printed roll summary because the extract includes roll sections the summary tabulates separately. The borough-wide averages agree to within 0.004 percent.

A Flushing house on 11354 carries about 1.7 times the modelled value of a house on 11436. The tax gap is usually narrower, because the class 1 caps hold assessed values below 6 percent of market value by different amounts from house to house. ZIP codes are postal geography, not neighborhood lines.

Where do you look up a Queens property tax bill or property record?

Start with the borough-block-lot number, because every city system is keyed to it. Queens is borough 4 and its blocks run from 1 to 16350, so a Queens BBL always begins with a 4. The Property Information Portal holds the assessment record, Finance’s Property Tax Public Access portal holds the bills, notices, tax class, market value and exemptions, and ACRIS covers Queens deeds back to 1966.

In person, the Queens Business Center sits at 144-06 94th Avenue, Jamaica, NY 11435, cross street Sutphin Boulevard, open 8:30 a.m. to 4:30 p.m. Monday to Friday. The City Register’s Office shares the address, reached by the E, J and Z to Sutphin Boulevard or the LIRR to Jamaica Station.

When are the Queens deadlines, and how does an owner appeal?

Two agencies handle complaints, and they are not interchangeable. Finance corrects a wrong description or market value on a Request for Review, which is not a substitute for appealing the assessed value. The appeal goes to the New York City Tax Commission, an independent agency that can cut the assessment, change the tax class and adjust exemptions, on an Application for Correction: form TC108 for a class 1 valuation claim, TC101 for class 2 or 4 other than condo units. Late applications are not granted. Past the Tax Commission the path runs to court, the proceeding our guide to tax certiorari explains; the sequence sits in our guide to the NYC property tax appeal process. We run both tracks, Tax Commission appeals and Finance Department appeals.

Which exemptions and abatements matter most in Queens?

An exemption cuts assessed value before the tax; an abatement cuts the tax after. Four do most of the work in Queens.

• STAR. New York State runs it now, not Finance, so a Queens homeowner applies to the state.
• Senior and disabled homeowners. Under SCHE all owners must be 65 or older unless they are spouses or siblings, combined income cannot exceed $58,399, and SCHE and the Disabled Homeowners’ Exemption cannot both be held. Renewal is due March 15.
• Veterans and clergy. Both stay on Finance’s benefit list, applied for through the city.
• The co-op and condo abatement. The big one in Queens, given those 104,842 co-op units. Unit owners cannot apply; the board or its managing agent applies for the whole development. The benefit runs from 28.1% of the tax at an average assessed value of $50,000 or less down to 17.5% at $60,001 and above, and the unit must be the owner’s primary residence.

Queens is one of the three boroughs that together carried 86.5 percent of the city’s construction activity on the FY2027 tentative roll, so the new-build programs matter here: 421-a, its successor 485-x, J-51 on renovations, and ICAP on commercial work; our overview of NYC tax abatements sets them side by side. Running the other way, the non-primary residence surcharge reaches one- to three-family homes Finance values at $5 million or more and condo or co-op units at $1 million or more, at 0.8% to 1.3% of market value for homes and 4.0% to 6.50% for units. It spares a primary residence of the owner, a tenant or certain family members, but that exemption must be claimed by October 6, 2026.

The same treatment exists for Brooklyn, the Bronx, Manhattan and Staten Island.

Queens property tax questions, answered

What is the average property tax in Queens?

On the FY2027 final roll, Finance’s average for a Queens class 1 parcel was $8,020 in tax on an average market value of $1,050,273. Class 2 averaged $4,593 per residential unit.

What is the Queens property tax rate?

There is no Queens rate. Rates are citywide by class, and the newest adopted set is tax year 2026: 19.843%, 12.439%, 11.108% and 10.848% for classes 1 to 4.

How do you pay a Queens property tax bill?

Quarterly on July 1, October 1, January 1 and April 1 where assessed value is $250,000 or less, semi-annually on July 1 and January 1 above that. Pay through Finance’s portal or at the Queens Business Center.

Where are Queens property tax records kept?

Assessment records sit in the Property Information Portal and Finance’s Property Tax Public Access portal, keyed to the BBL. Queens deeds sit in ACRIS back to 1966.

Why did a Queens assessment rise when the market fell?

Because of the caps. A capped assessment often sits well below 6% or 45% of market value, so it keeps catching up even when the notice value drops.

What does it cost to ask MGNY?

Nothing. A real person answers at (212) 343-1111, right away, and the consultation is free. You engage us only if you want the work handled for you. MGNY has worked NYC property tax since 2008, with $50M+ in tax refunds secured for owners, 900+ developments with tax abatements secured and $30B+ represented in appeals.

Sources: NYC Department of Finance pages on tax rates, market and assessed value, assessment definitions, the Notice of Property Value, bills and payments, RPIE, challenging your assessment, tax benefits, ACRIS, the non-primary residence surcharge and the Queens Business Center; the Finance press release of January 15, 2026 on the Fiscal Year 2027 tentative roll; the Finance FY2027 tentative and final roll summary workbooks, which carry the Queens borough and class tables; the NYC Tax Commission on challenging the Notice of Property Value; and NYC Open Data dataset 8y4t-faws with its Finance data dictionary. All read September 4, 2026. MGNY Consulting is a private consulting firm and is not affiliated with the NYC Department of Finance or the NYC Tax Commission.

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