Title: Zeus Cottage
Author: edielon
Last saved by: Michael Lodato
Company: Town of Hempstead

AIREF JFK IC, LLC
Project: 2802-23-14A
DRAFT  PILOT

Section; 40, Block: L, Lots: 224 (225), 5, 55 ( 56, 57, 59, 117, 2579), 2585,2601, 2602
Parcels: 6
SD- Lawrence
Current Tax Information: $126,899.11 (If the county didn’t previously own the property)
Part of property is formerly owned by Nassau County and those lots are exempt from general taxes currently. Restored taxes have been removed from this total.

(2601 and 2602 do not have tax bills and are not yet assigned by the County, they are abandoned streets)
Estimated Taxes Once Built: $226,866.72 
Estimated Current Land Only Value: $89,408.65

Year					Total
1	                $89,400.00
2	                $89,400.00
3	                $89,400.00
4	              $117,000.00
5	              $122,000.00
6	              $128,000.00
7	              $145,000.00
8	              $160,000.00
9	              $170,000.00
10	              $195,000.00
11	              $215,000.00
12	              $225,000.00
13	              $240,000.00
14	              $250,000.00
15	              $260,000.00
16	              $270,000.00
17	              $280,000.00
18	              $290,000.00
19	              $300,000.00
20	              $310,000.00

11/15/23 – DRAFT
This Pilot has NOT been approved by the Hempstead IDA Board