Department of Planning and Development

Commercial Property Tax Exemption

Real-Estate Tax Exemption for Commercial Business or Industrial Real Property

Properties in the City may be eligible for this exemption under Section 484-b of the Real Property Tax Law. This law authorizes a partial exemption from real property taxation for commercial, business or industrial property constructed, altered, installed or improved subsequent to July 1, 1976.

The cost of such construction, alteration, installation or improvement must exceed $10,000 or a higher minimum not to exceed $50,000, as may be provided in such local law or resolution.

For more information, contact Jasmin Miranda at (845) 569 9400 ext 204 or email her at jmiranda@cityofnewburgh-ny.gov