New York
New York doesn't run one statewide system — it's set locally, and New York City's is the one most investors mean when they say 'NY tax liens.' NYC tiers the rate by assessed value: 6% for properties under $250k, 9% up to $450k, and 16% above that, compounded daily. Nassau County instead sets the rate at auction via bid. The base redemption window is two years, but many localities extend it to three or four years for residential property — always confirm the specific municipality's rule before bidding.
Quick answers
Is New York a tax lien or tax deed state?+
New York is a tax lien certificate state.
What's the interest rate or penalty in New York?+
In New York, the rate is: Up to 16%, tiered by property value (NYC).
How long is the redemption period in New York?+
The redemption period in New York is 2 years (often longer, set locally).
Not sure how New York's system compares to a state you already know? Read Tax Lien vs. Tax Deed: What's the Difference? for the full breakdown.
This page is general information, not financial or legal advice. Rates and redemption periods are set by state statute and can change by county or legislative session — always confirm against the county's own auction notice before bidding.