Urban Appraisals New York

Experience and track record

• Over 20 years of residential appraisal experience
• More than 10,000 appraisals completed
• Team of New York City–based appraisers with extensive local market knowledge

Credentials

• State Certified residential real estate appraisers
• FHA approved
• All assignments completed in conformity with the Uniform Standards of Professional Appraisal Practice (USPAP) and applicable federal and state requirements.

Clients we serve

We provide appraisal services for:

• Homeowners
• Attorneys
• Executors and estate representatives
• Accountants
• Developers
• Lenders
• City, state and federal agencies

Service approach

Clients can expect confidentiality, timely service and reasonable fees for residential appraisal assignments.

A clear and accurate picture of a homeowner's real estate equity is important in bankruptcy proceedings. Professional appraisal reports provide a supported opinion of market value that can be used in court or with trustees.

Estate planning and settlement

Executors, attorneys and accountants rely on appraisals to help address legal and tax concerns in connection with estates. Appraisals may be required for estate tax filings, probate and distributions to heirs.

Divorce property appraisals

In divorce matters, an objective opinion of market value helps support fair division of real estate owned by one or both parties. Reports are prepared to be defensible and suitable for use by attorneys, accountants and the courts, including retrospective appraisals when a valuation is needed as of a prior date.

Pre-sale and pre-purchase

Appraisal reports can assist buyers and sellers in understanding current market value, helping to set asking prices, evaluate offers or decide whether to proceed with a purchase.

PMI removal

For homeowners with private mortgage insurance (PMI), an appraisal may help document that sufficient equity exists in the property so that PMI requirements may be reviewed by the lender.

Tax grievance

When a property's assessed value appears higher than its market value, an appraisal can be used as independent evidence in a tax grievance to support a request for a reduced assessment and potentially lower property taxes.

Medicaid and immigration

Certain Medicaid and immigration applications require documentation of assets, including real property. Professional appraisal reports can help establish current market value for use in these processes.

Mortgage lending

Appraisals are completed for a variety of residential mortgage lending needs. Reports are prepared using industry-standard software and formats accepted by lenders.

Email

• General inquiries: info@urbanappraisalsnyc.com

Office address

• 55 West 45th St
• 7th Floor
• New York, NY 10036

How to request a quote

You can request an appraisal quote by:

• Calling the office, or
• Submitting the "Request a Quote" form on the Urban Appraisals New York website with your contact details, property address and purpose of the appraisal.

The online request form is available for submissions at any time.

Service areas

Urban Appraisals New York provides residential appraisal services in:

• The five boroughs of New York City
• Manhattan
• Brooklyn
• Queens
• Bronx
• Staten Island
• Westchester County
• Nassau County
• Suffolk County

Property types

Appraisal services are available for:

• Single-family homes
• 2–4 family residential properties
• Cooperative apartments (co-ops)
• Condominium units
• Vacant residential land

Lists York as a location. Names York, Westchester, and New York City as a service area. Areas beyond these are not published.

1. Consultation and planning – The appraiser discusses the purpose of the appraisal, gathers information about the property and explains the appraisal process.
2. Detailed property inspection – A thorough on-site inspection is performed, observing interior and exterior features and other relevant characteristics of the property.
3. Market research and analysis – Recent market data and comparable sales are analyzed to develop a well-supported opinion of value.
4. Comprehensive reporting – Findings are documented in a detailed written report that summarizes the analysis and final opinion of value.

Standards and compliance

• All services are completed in conformity with the Uniform Standards of Professional Appraisal Practice (USPAP).
• Reports are designed to meet applicable federal and state requirements.
• Appraisal reports are accepted by New York courts, the IRS and other agencies for appropriate purposes as described in the engagement.

Service principles

Urban Appraisals New York emphasizes:

• Confidential handling of client information
• Timely completion of appraisal assignments
• Reasonable fees for residential appraisal work
• Professional, courteous service from local New York City–based appraisers.

Ask anyway — the agent will say plainly that it is not published rather than guess.