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De Blasio scores nearly $6G tax return thanks to Park Slope ‘money pit’

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Matthew McDermott

Mayor Bill de Blasio is claiming one of the two Brooklyn homes he owns is a real money pit.

Hizzoner and First Lady Chirlane McCray reported that they lost a whopping $13,656 last year on a nearly 120-year-old row house they own at 384 11th St. in upscale Park Slope, according to tax filings they made public Wednesday.

The losses on the two-family home, where de Blasio’s late mother once lived, played a role in de Blasio and McCray expecting to receive a $1,555 refund from the federal government and another $4,339 from the state.

De Blasio listed earnings of $50,300 on the home in rent payments but claimed the $13,656 loss by listing $63,956 in expenses — including $21,150 in “depreciation.”

The home is valued at $1.94 million, according to PropertyShark.com.

In 2018, the mayor only claimed a $242 loss on the property but did collect an extra $8,650 in rent.

De Blasio’s former primary residence, also on 11th Street, earned him and his wife another $54,000 in rent — for a net profit after expenses of $3,896.

Hizzoner reported earning $252,139 in 2019 while McCray doesn’t earn a salary despite being the face of the city’s embattled ThriveNYC billion-dollar mental health initiative.

Both received a $500 tax credit by claiming their son, Dante, 23, as a dependent also living at Gracie Mansion. They also claimed donating $1,260 to nine charities and $1,375 worth of clothes to the poor.

Meanwhile, Gov. Andrew Cuomo reported earning $280,677 in 2019, including a fat gubernatorial salary at $192,859 and $90,781 from a blind trust.

He paid $60,012 in federal taxes, and $15,372 in state taxes.

Cuomo also donated $12,750 to Help USA — the charity he founded in 1986 that addresses homelessness.

The governor resides in public housing — the Executive Mansion in Albany.

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