Real Property Taxes
Service
Overview
NASC’s Real Estate Auditing Division
NASC’s Real Estate Auditing Division specializes in auditing property tax charges and assessments issued by the New York City Department of Finance.
Our audit services are designed to identify potential errors in a wide range of tax abatement and exemption programs, including SCRIE (Senior Citizen Rent Increase Exemption), DRIE (Disability Rent Increase Exemption), J-51, Shelter Rent, the Green Roof Tax Abatement, the Cooperative/Condominium Tax Abatement, DHE, REAP, and others.
In close coordination with the Department of Finance, NASC reviews whether your property is receiving all the tax credits and exemptions to which it is entitled. We evaluate your company’s tax liability by comparing it against both current and historical property class tax rates published by the city. If discrepancies or overcharges are found, we work to recover any refunds or credits due to your company.
Service Benefits:
- Cash Refunds for previously overpaid property taxes and charges
- Uncover Missed Exemptions like SCRIE, DRIE, J-51, Shelter Rent, and more
- Lower Ongoing Property Tax Liability by ensuring all eligible exemptions and abatements are applied
- Peace of Mind knowing your property tax bills are accurate and compliant
- Contingency-Based – No upfront fees, no hidden charges
- Risk-Free – If we don’t find savings or refunds, you owe nothing
