DOF Condominium Comparable Rental Income in NYC
The Department of Finance (DOF) is required by NY State law to value condominiums or cooperatives as if they were residential rental apartment buildings. DOF uses income information from rental properties similar in physical features and location to the condominiums or cooperatives. DOF applies this income data to the condominium or cooperative to determine its value in the same way DOF values rental apartment buildings. This report includes information at a condominium suffix level which represents a subdivision of the condominium since DOF values condominiums at a suffix level. A condominium may have more than one suffix.
This data set contains the reports from 2012-2018.
Columns
Name | Socrata field name | Column name in sgr mount | Data type | Description |
---|---|---|---|---|
Net Operating Income 2 | net_operating_income_2 | net_operating_income_2 | Number | |
Total Units 3 | total_units_3 | total_units_3 | Number | |
Market Value per SqFt 1 | market_value_per_sqft_1 | market_value_per_sqft_1 | Number | |
Net Operating Income 3 | net_operating_income_3 | net_operating_income_3 | Number | |
Full Market Value 3 | full_market_value_3 | full_market_value_3 | Number | |
Net Operating Income 1 | net_operating_income_1 | net_operating_income_1 | Number | |
Total Units 2 | total_units_2 | total_units_2 | Number | |
Gross SqFt 2 | gross_sqft_2 | gross_sqft_2 | Number | |
Expense per SqFt 2 | expense_per_sqft_2 | expense_per_sqft_2 | Number | |
Full Market Value 2 | full_market_value_2 | full_market_value_2 | Number | |
Address 3 | address_3 | address_3 | Text | |
Gross SqFt 3 | gross_sqft_3 | gross_sqft_3 | Number | |
Estimated Expense 3 | estimated_expense_3 | estimated_expense_3 | Number | |
Estimated Gross Income 1 | estimated_gross_income_1 | estimated_gross_income_1 | Number | |
Report Year | report_year | report_year | Text | |
Year Built 1 | year_built_1 | year_built_1 | Number | |
Neighborhood 1 | neighborhood_1 | neighborhood_1 | Text | Department of Finance determines the neighborhood name in the course of valuing properties. The common name of the neighborhood is generally the same as the name Finance designates. However, there may be slight differences in neighborhood boundary lines. |
Expense per SqFt 3 | expense_per_sqft_3 | expense_per_sqft_3 | Number | |
Estimated Gross Income | estimated_gross_income | estimated_gross_income | Number | Estimated Income per SquareFoot * Gross SquareFoot |
Boro-Block-Lot | boro_block_lot | boro_block_lot | Text | The Borough-Block-Lot location of the subject condominium. The lot identifies the condominium billing lot generally associated with the condominium management organization. |
Building Classification | building_classification | building_classification | Text | The Building Class code is used to describe a property’s use. This report includes the two character code as well as the description of the building class. |
Estimated Expense 2 | estimated_expense_2 | estimated_expense_2 | Number | |
Address 1 | address_1 | address_1 | Text | The Street Address of the property |
Boro-Block-Lot 1 | boro_block_lot_1 | boro_block_lot_1 | Text | The Borough-Block-Lot location of the comparable rental property. |
Estimated Gross Income 2 | estimated_gross_income_2 | estimated_gross_income_2 | Number | |
Year Built 2 | year_built_2 | year_built_2 | Text | |
Neighborhood 2 | neighborhood_2 | neighborhood_2 | Text | |
Neighborhood | neighborhood | neighborhood | Text | Department of Finance determines the neighborhood name in the course of valuing properties. The common name of the neighborhood is generally the same as the name Finance designates. However, there may be slight differences in neighborhood boundary lines. |
Full Market Value 1 | full_market_value_1 | full_market_value_1 | Number | |
Expense per SqFt 1 | expense_per_sqft_1 | expense_per_sqft_1 | Number | |
Estimated Expense 1 | estimated_expense_1 | estimated_expense_1 | Number | |
Market Value per SqFt | market_value_per_sqft | market_value_per_sqft | Number | Full Market Value/ Gross SquareFoot |
Gross Income per SqFt | gross_income_per_sqft | gross_income_per_sqft | Number | Estimated income per squarefoot of median comparable |
Market Value per SqFt 2 | market_value_per_sqft_2 | market_value_per_sqft_2 | Number | |
Total Units | total_units | total_units | Number | Total number of units in the building |
Address | address | address | Text | The Street Address of the property |
Condo Section | condo_section | condo_section | Text | The subject condominium is identified using a combination of a condominium number assigned by DoF followed by the condominium suffix. The condominium number is assigned by the Department of Finance for each condominium in New York City. The condominium suffix is a partition of the condominium. A condominium may have multiple residential or commercial suffixes each of which contains individual condominium lots. |
Distance from Condo in miles 2 | distance_from_condo_in_miles_2 | distance_from_condo_in_miles_2 | Number | |
Gross SqFt 1 | gross_sqft_1 | gross_sqft_1 | Number | |
Market Value per SqFt 3 | market_value_per_sqft_3 | market_value_per_sqft_3 | Number | |
Gross SqFt | gross_sqft | gross_sqft | Number | Gross square footage of the building |
Distance from Condo in miles 1 | distance_from_condo_in_miles_1 | distance_from_condo_in_miles_1 | Number | |
Year Built | year_built | year_built | Text | The year the building was built |
Gross Income per SqFt 1 | gross_income_per_sqft_1 | gross_income_per_sqft_1 | Number | |
Total Units 1 | total_units_1 | total_units_1 | Number | |
Building Classification 1 | building_classification_1 | building_classification_1 | Text | The Building Class code is used to describe a property’s use. This report includes the two character code as well as the description of the building class. |
Full Market Value | full_market_value | full_market_value | Number | Current year’s total market value of the land and building |
Year Built 3 | year_built_3 | year_built_3 | Text | |
Neighborhood 3 | neighborhood_3 | neighborhood_3 | Text | |
Boro-Block-Lot 3 | boro_block_lot_3 | boro_block_lot_3 | Text | |
Estimated Expense | estimated_expense | estimated_expense | Number | Estimated Expense per SquareFoot * Gross SquareFoot |
Estimated Gross Income 3 | estimated_gross_income_3 | estimated_gross_income_3 | Number | |
Net Operating Income | net_operating_income | net_operating_income | Number | Estimated Gross Income-Estimated Expense |
Expense per SqFt | expense_per_sqft | expense_per_sqft | Number | Estimated expense per squarefoot of median comparable |
Building Classification 3 | building_classification_3 | building_classification_3 | Text | |
Gross Income per SqFt 3 | gross_income_per_sqft_3 | gross_income_per_sqft_3 | Number | |
Gross Income per SqFt 2 | gross_income_per_sqft_2 | gross_income_per_sqft_2 | Number | |
Address 2 | address_2 | address_2 | Text | |
Boro-Block-Lot 2 | boro_block_lot_2 | boro_block_lot_2 | Text | |
Building Classification 2 | building_classification_2 | building_classification_2 | Text | |
Distance from Condo in miles | distance_from_condo_in_miles | distance_from_condo_in_miles | Number |