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Current as of January 01, 2026 | Updated by Findlaw Staff
A person is guilty of grand larceny in the third degree when such person steals property and:
1. when the value of the property exceeds three thousand dollars, or
2. the property is an automated teller machine or the contents of an automated teller machine, or
3. [As added by L.2024, c. 55, pt. FF, § 2. See, also, subd. 3 below.] the property consists of retail goods or merchandise stolen pursuant to a common scheme or plan or a single, ongoing intent to deprive another or others of the property or to appropriate the property to the actor or another person and the value of the property exceeds three thousand dollars, which value may be determined by the aggregate value of all such property regardless of whether the goods or merchandise were stolen from the same owner. Nothing in this subdivision shall be read to limit the ability to aggregate the value of any property or the ability to charge the larceny of retail goods or merchandise under another applicable provision of law.
3. [As added by L.2024, c. 56, pt. O, § 5. See, also, subd. 3 above.] when such person commits deed theft of one commercial real property, regardless of the value.
Grand larceny in the third degree is a class D felony.
Cite this article: FindLaw.com - New York Consolidated Laws, Penal Law - PEN § 155.35 Grand larceny in the third degree - last updated January 01, 2026 | https://codes.findlaw.com/ny/penal-law/pen-sect-155-35/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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