# Commercial Rent Tax (CRT)

> NYC tax on commercial tenants below 96th Street.

**Canonical URL:** https://classa.info/glossary/commercial-rent-tax
**Page type:** glossary
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- NYC tax on commercial tenants below 96th Street.
- Levied at 6% on base rent above $250,000 annually for tenants in Manhattan south of 96th Street, with credits that effectively reduce the rate to about 3.9%.

## Key facts
- **category**: Tax / regulatory
- **regionScope**: US

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Citation: Source: Class A Atlas (https://classa.info/glossary/commercial-rent-tax), updated 2026-04-01T00:00:00.000Z.