RPIE-2025: NYC Real Property Income and Expense Worksheet and Instructions

Enter name(s) of up to two owners of the property.

Enter each listed owner's Employer Identification Number (EIN) or Social Security Number (SSN).

Enter the name of the person filing the RPIE.

The filer may be an owner, owner representative, lessee or lessee representative who is authorized to provide this information and has knowledge of such information.

Enter the filer's Employer Identification Number or Social Security Number.

Provide contact information for the person who can respond to questions about this filing and receive the confirmation email once the RPIE is submitted.

To file a Claim of Exclusion, you must complete Section D of the RPIE-2025 form.

If your property is income-producing and eligible to claim an RPIE exclusion, please identify one of the exclusions listed in Section D.

I am not required to file a RPIE for this year because my property:

a. has an Actual Assessed Value of $40,000 or less. (checked October 20, 2026)

b. is exclusively residential with 10 or fewer apartments.

c. is primarily residential with 6 or fewer apartments and no more than one commercial unit, and is in Tax Class 1 or Tax Class 2.

Your property must be in Tax Class 1 or Tax Class 2 and the unit count must include all units whether vacant or occupied.

d. is a residential cooperative apartment building with less than 2,500 square feet of commercial space (not including garage space). (checked October 20, 2026)

To claim this exclusion you must still complete the RPIE-2025 (Parts I and IV).

e. is an individual residential condominium unit that was sold and is not owned by the sponsor.

f. is rented exclusively to a related person or entity.

g. is occupied exclusively by the owner but is not a: department store with 10,000 or more gross square feet; hotel or motel; parking garage or lot; power plant; or theater.

h. is owned and used exclusively by a fully exempt not-for-profit organization or government entity and generates no rental income.

i. is vacant or uninhabitable and non-income-producing for the entire year.

j. is vacant, non-income-producing land.

k. The owner has not operated the property and is without knowledge of the income and expenses for the entire calendar or fiscal year of the reporting period IF YOU CLAIMED AN EXCLUSION ABOVE, YOU MAY SKIP TO PART IV: RPIE CERTIFICATION.

You have the option of completing a one-page short form or the standard form if your property has an Actual Assessed Value of $250,000 or less and is not one of the following: hotels, adult care/nursing home facilities, gas stations, car washes, oil change facilities, self-storage, theatres or concert halls. (checked October 20, 2026)

Commercial Income: Units: Enter the number of commercial units.

Owner/Owner-Related Occupancy Percentage: Enter the percentage of commercial square feet that the owner or other filer uses for his/her own business.

Vacancy Percentage as of January 5, 2026: Indicate the percentage commercial space that was vacant (unoccupied and un-leased, generating no income) as of the taxable status date, January 5, 2026.

PLEASE NOTE: If the sum of total owner and/or owner-related occupancy and total vacancy exceeds 25%, please consider using the RPIE-2025 standard form to give more detail on these items.

Commercial Rental Tenants: Amount received for the following categories: office, store, retail tenants, restaurants, offices and any other leased commercial areas. Exclude residential rent and rent from tenants related to the property owner.

Residential Income: Units: Enter the number of residential units.

Owner/Owner-Related Occupancy Percentage: Enter the percentage of residential units that the owner or other filer uses for his/her own residence.

Residential Regulated Tenants: Amount received for regulated apartments. Regulated apartments are subject to rent control and/or rent stabilization.

Residential Unregulated Tenants: Amount received for unregulated apartments.

Cell Site Income: Units: Enter the number of cell towers or antennae anywhere on the property. Income: Amount received for placing a cell tower or antenna anywhere on the property.

Signage/Billboard Income: Units: Enter the number of rented signs or billboards anywhere on the property.

Utilities: Include total expenses for Fuel, Light and Power, and Water and Sewer.

Other: Include total expenses for Cleaning Contracts, Wages and Payroll, Repairs and Maintenance, Management and Administration, Insurance (annual), Advertising, Interior Painting and Decorating, and Miscellaneous. Do not include amortized leasing costs or amortized tenant improvement costs. If you want to itemize these two costs, please use the RPIE-2025 standard form.

Real estate taxes, bad debt, depreciation and mortgage interest should not be included when tallying Total Expenses.

Real Property Income and Expense Worksheet and Instructions: this is NOT the RPIE form, it is designed to assist you in completing all RPIE forms on the website. If you are identified as a required RPIE-2025 filer, you will need to complete an income and expense form or complete a claim of exclusion in Section D.

The deadline for electronic waiver requests is May 4, 2026. The submission deadline for all RPIE filings is June 1, 2026.

You MUST file all RPIE forms electronically. Filers who wish to request a waiver from the electronic filing should call 311 for an application or download the application from nyc.gov/rpie.

To successfully submit your RPIE filing you must certify the information by clicking “Sign and Submit.” If you do not complete this step, you will not be in compliance with the RPIE filing requirement.

This worksheet and instructions do not apply to the following specialty property types: hotels, adult care/nursing home facilities, gas stations, car washes, oil change facilities, self-storage, theatres or concert halls. These property types are covered in their own instructions that you can download from nyc.gov/rpie.