Does the Village offer a real property tax exemption for senior citizens?
Yes, however, unlike the veterans exemption it does not include shareholders of cooperative apartments. The senior citizen tax exemption is available to those residents who own real property and are 65 years old or older with a maximum annual income of $19,500 or less. If eligible, the assessed value of your residential property is reduced by 50%. For more information or to receive an application, please call the Village Clerk at (516) 482-4500.
