Pied-à-Terre Tax Calculator

Estimate your exposure to New York City's proposed surcharge on non-primary residences.

The April 2026 NYC Budget Revenue Bill (Part PPP) would levy an annual tax on high-value second homes, investment units, and pieds-à-terre owned in New York City. Most owners have heard of it — few know what it would actually cost them.

This calculator pulls your property directly from the NYC Department of Finance and runs it through the bill's brackets in three quick questions.

Based on the current published draft. We'll keep the tool updated as the City Council and Governor's office release new information. Not legal or tax advice.

Lets calculate your tax...

1. Do you live in New York City full-time (6+ months a year)?

2. Who is going to — or currently — lives in the property?

3. Enter Property Address

4. Your share of the co-op (%)

Find this on your proprietary lease, stock certificate, or annual maintenance statement. Typical ranges: 0.1%–2% per apartment.

Note: Per Section 8 of the 2026 Bill, false residency claims are subject to a 100% penalty of the tax owed. Data pulled live from NYC Open Data (Dataset 8y4t-faws, Property Valuation & Assessment).