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Owner disputes $3.28 million tentative assessment for Erie Boulevard self-storage
Summary
An owner of Access Self Storage at 2321 Erie Boulevard East told the Syracuse Board of Assessment Review the city’s tentative assessed value is higher than market comparables and asked staff to review submitted financials before a final determination.
The owner of the Access Self Storage facility at 2321 Erie Boulevard East challenged a tentative assessed value of $3,277,000 during a hearing before the Syracuse Board of Assessment Review on Friday, Feb. 14.
The city listed a land value of $321,000 and the petitioner provided a claimed market value of $2,101,717, the owner said. The petitioner also provided a separate equatable assessed figure of $1,208,004.87.
Why it matters: Property owners can submit income and expense documentation for income-producing properties so assessors can confirm or revise tentative values before the city issues a final determination in April. A change in assessment can alter future tax bills, though the assessor’s office and Common Council control tax-rate and billing matters.
At the hearing, the facility’s owner — who…
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