Using the document which I posted the other day [Long-Beach-Wayfarer-LLC-Shore-Road-2015.pdf], I’m attempting to make a RE TAX comparison between the supeblock and Avalon Towers. Also, the bottom of this post has the PILOT Schedule. Shouldn’t PILOT and No PILOT be switched? Can anybody make heads or tails with it?
[Please note: I cannot guarantee the accuracy of these numbers!]
Shore Rd LB Superblock [Section: 59, Block: 116, Lot: 38]:
City of Long Beach 2014/15 = $95,921.39
School 2014/15 = $778,426.46
Nassau County General 2015 = $129,447.48 ($64,723.74 x 1st/2nd half )
***Nassau County Assessed value of superblock = $21,212,900.
TOTAL = $1,003,795.33
Avalon Towers [Section: 59, Block 089, Lots 8-12]:
City of Long Beach 2014/15= $186,135.00
School 2014/15 = $691,662.00
Nassau County General 2015 = $133,089.00
Sanitation $535 per 109 apartments/year = $58,315.00
***Nassau County Assessed value of Avalon: $19,956,800.
***Long Beach assessed value of Avalon: $22,352,440.
TOTAL = $1,069,201.00