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Tax Class 1 property

Property, Zoning & Ownership Classification
Tax Class 1 property Tax Class 1 property is a classification for NYC real estate generally covering one- to three-family residential properties and condominiums for tax purposes.

Tax Class 1 affects property tax calculations and often indicates owner-occupied residential uses; when addressing sidewalk violations or repair responsibility, knowing a property's tax class helps owners understand billing or lien consequences because DOF records and bills are organized by tax class.

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