A-Rod will pay about $1,200 this year in real estate taxes for his new 3,000-square foot apartment in the Rushmore.
Rodriguez is taking advantage of a little known tax abatement offer called the 421A Program.
It allows a 98 percent tax abatement for up to 25 years for condo and apartment owners in newly built housing.
A normal tax bill for Rodriguez' place is about $60,000.