Felony Theft Amount and Penalties in New York

Petit larceny (stealing property) is a class A misdemeanor (§ 155.25). Larceny becomes a felony — grand larceny in the fourth degree, a class E felony — when the value of the property exceeds one thousand dollars, or regardless of value in listed cases such as a credit or debit card, property taken from the person, property obtained by extortion, a firearm, or a motor vehicle worth more than $100 (§ 155.30). Grand larceny in the third degree (class D felony): value exceeds three thousand dollars (§ 155.35). Second degree (class C felony): value exceeds fifty thousand dollars (§ 155.40). First degree (class B felony): value exceeds one million dollars (§ 155.42).

Felonies are class A (A-I and A-II), B, C, D and E. Maximum terms of an indeterminate sentence (§ 70.00(2)): class A felony — life imprisonment; class B — shall not exceed twenty-five years; class C — shall not exceed fifteen years; class D — shall not exceed seven years; class E — shall not exceed four years. Minimum periods for class A: A-I — not less than fifteen years nor more than twenty-five years; A-II — not less than three years nor more than eight years four months (with exceptions for listed offenses such as first-degree murder). Separate determinate-sentence rules apply to violent felonies (§ 70.02) and drug felonies. Felony fines (§ 80.00(1)) may not exceed the higher of $5,000 or 'double the amount of the defendant's gain from the commission of the crime' (special schedules apply to drug felonies under articles 220 and 221).

Class A misdemeanor — term shall not exceed three hundred sixty-four days; fine not exceeding one thousand dollars. Class B misdemeanor — term shall not exceed three months; fine not exceeding five hundred dollars. Unclassified misdemeanor — as specified in the law defining the crime, and in any event not to exceed three hundred sixty-four days; fine per the defining law. Violation — term shall not exceed fifteen days; fine not exceeding two hundred fifty dollars. References to 'one year' or '365 days' in misdemeanor sentences are treated as 364 days (§ 70.15(1-a)).