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                                                              NYC Department of Finance                     l          Property Division 
                                      REQUEST FOR REVIEW OF PROPERTY VALUE 
                                                          FOR TAX CLASS 4 PROPERTIES
                          NYC Department of Finance, Property Division, Attn: Assessment Review, 66 John Street, 12th Floor, New York, NY 10038
 We recommend that you submit this form online at nyc.gov/finance under “Assessments”. Click on “Challenge your Assessment”. Online 
 forms are processed quickly and you receive a confirmation receipt for your records. If you do not have access to a computer, please follow the instructions below.
 INSTRUCTIONS: This Request for Review of Property Value is for all commercial and industrial properties, such as office, retail, factory buildings 
 and all other properties not included in tax classes 1, 2 or 3. Please fill out this form clearly and completely.  All fields marked with an asterisk* 
 are required.  The deadline for filing this form is April 3, 2023.
 SECTION I - GENERAL INFORMATION                                                                         I am the:  q OWNER       q REPRESENTATIVE 
 PROPERTY INFORMATION

      Borough*                                        Block*                      Lot*                                 Easement         Building Class Tax Class 
 Street Number*                                                   Street Name*                                                                   Apartment Number 
   
 OWNER INFORMATION
 First Name                                                  MI:    Last Name                                                   Company Name          
  
 CONTACT INFORMATION
 First Name*                                                 MI:    Last Name*                                                  Company Name          
  
 Street Number*                                                   Street Name*                                                                   Apartment Number 
  
 City*                                                                                      State*                                      Zip Code*  
  
 Telephone Number*                                                                          E-mail Address*

 SECTION II - GENERAL PROPERTY INFORMATION
 PROPERTY                  USES
  
 Number of                                                        Number of                                            Number of 
  
  buildings on lot*_____________                                  Residential Units*_____________                      Commercial Units*_____________ 
  Is part of the                                                  What part is occupied by the 
 property rented?*    q YES          NO q                         taxpayer’s family or business?*         ALL           q       PART           q NONEq
 SECTION III - PROPERTY VALUATION YOU BELIEVE IS INCORRECT
                     Check the applicable statements and attach additional documents or calculations as necessary to explain your request.
  
 1.                   The property is misclassified.  The correct class is:     1         q 2          q 3         q 4 q
                      (Provide a copy of the building’s Certificate of Occupancy, if available.) 
  
 2.                   Valuation errors (check all that apply) 
                      a. Finance incorrectly estimated gross income. The correct gross income is: ............... __________________________ 
                      b. Finance incorrectly estimated gross expense. The correct gross expense is: ........... __________________________ 
                      c. Finance incorrectly estimated gross square footage.  The correct square footage is: __________________________ 
  
                          Please provide a copy of a certified architect’s letter to support claimed square footage. 

Comments:__________________________________________________________________________________________________ 
 ___________________________________________________________________________________________________________ 
 ___________________________________________________________________________________________________________

                     I hereby certify that I am the owner or other person responsible for the payment of taxes,or the person authorized by the owner to make this statement. I certify that all 
                     information contained in this statement is true and correct to the best of my knowledge and belief. I understand that the willful making of any false statement of materi-
                     al fact herein will subject me to the provisions of the law relevant to the making and filing of false instruments and will render this statement null and void. 
                      
                     ______________________________________________     _____________________________________________           ____________________________ 
       CERTIFICATION SIGNATURE                                          PRINT NAME                                                      DATE
Visit Finance at nyc.gov/finance                                                                                                        Request Review Class 4      Rev. 1.11.2023



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                                NYC Department of Finance               l Property Division 
       REQUEST FOR REVIEW OF PROPERTY VALUE 
                                FOR TAX CLASS 4 PROPERTIES

We recommend that you submit this form with documention online at nyc.gov/finance                 under 
“Assessments”.  Click on “Challenge your Assessment”.  Online forms are processed quickly and you receive a confirma-
tion receipt for your records.  
 
You can also email your completed form with along with any documentation you may have, such as calculations, certi-
fied architect's letter (to support claimed square footage), etc. to RequestForReview@Finance.nyc.gov. 
 
If you do not have access to a computer, mail this form, along with any documentation you may have to the 
NYC Department of Finance, Property Division,  66 John Street, 12th Floor, New York, NY 10038. 

Request for Review Overview 

The Request for Review form enables New York City property owners to provide supporting information to 
review their property’s estimated market value or building classification found on the Annual Notice of Property 
Value. 
 
The Department of Finance may increase, decrease or make no change to your property’s market value or 
classification; there are no appeals to the Department of Finance on Request for Review decisions.

Department of Finance Request for Review Deadlines

You must file your Request for Review by the applicable deadline below. 
                                Tax Class 4............ April 3

Which Tax Class is your Property?

 l Tax Class 1 property includes residential property of up to three units (Primarily 1, 2, and 3 family homes), 
   vacant land zoned for residential use and condominiums of not more than three stories. 
  
 l Tax Class 2 property includes apartment building, condominium, and cooperative. 
  
 l Tax Class 4 property includes office, warehouse, other commercial, and industrial property, such as fac-
   tory buildings.

Appeal to the Tax Commission

If you believe your assessed value, exemptions or tax classes are incorrect, you are encouraged to file an 
application for correction with the Tax Commission. Tax Commission forms may be obtained by calling 311, 
from the City’s website, or at the Finance Borough Business Centers. An application to the Tax Commission 
preserves your right to judicial review. 
 
Filing with the Department of Finance does not replace the need to file a tax appeal with the 
Tax Commission nor does it affect the deadline for filing.

Appeal to the Tax Commission Deadlines

The deadline to file with the Tax Commission is: 

                                Tax Class 1............ March 15 
                                Tax Class 2 ........... March 1 
                                Tax Class 4 ........... March 1






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