1ST APPRAISAL SOURCE knows New York City 
Look no further for your next appraisal in New York City

New York City is the most populated city in the United States. New York City has a significant impact on global commerce, finance, media, culture, art, fashion, research, education, and entertainment. The city is often referred to as New York City or the City of New York, to distinguish it from the state of New York, of which it is a part. Over the last 15 years crime rates have dropped to historically low levels and offers a unique quality of life as a true "24 hour" city, making NYC extremely desirable.

We understand that location is a key element that must be considered by a good property appraiser. Due to Manhattan's geography, strong labor unions and often difficult site accessibility, construction costs have been extremely high. Virtually all of the new residential inventory is in the form of luxury rental and condominium buildings, whether newly constructed or converted from a prior non-residential use (office, wharehouse, etc.)

1st Appraisal Source recognizes the unique array of properties in NYC and provides superior quality appraisals with expertise in all property types in all market areas within Manhattan (residential as well as commercial).

  • Manhattan is the most densely populated borough and is home to Central Park and most of the city's skyscrapers. The borough is the financial center of the city and contains the headquarters of many major corporations, the United Nations, a number of important universities, and many cultural attractions. Manhattan is loosely divided into Lower, Midtown and Uptown regions.
  • The Bronx is New York City's northernmost borough, the location of Yankee Stadium, home of the New York Yankees, and home to the largest cooperatively owned housing complex in the United States, Co-op City.
  • Brooklyn is the city's most populated borough and was an independent city until 1898. Brooklyn is known for its cultural, social and ethnic diversity, an independent art scene, distinct neighborhoods and a distinctive architectural heritage. It is also the only borough outside of Manhattan with a distinct downtown neighborhood
  • Queens is geographically the largest borough and the most ethnically diverse county in the United States and may overtake Brooklyn as the city's most populous borough due to its growth
  • Staten Island is the most suburban in character of the five boroughs. Staten Island is connected to Brooklyn by the Verrazano-Narrows Bridge and to Manhattan by way of the Staten Island Ferry
  •  Who should choose us to serve their real estate appraisal needs?

    • Mortgage lenders, banks and private lenders: Whether it is a typical FNMA appraisal, FHA appraisal or a complex commercial property appraisal, we offer great service with fast turnaround times.
    • Homeowners: An appraisal can help your tax appeal. An appraisal can be a useful tool in a "for-sale-by-owner" situation. You will get peace of mind by knowing what your home is worth. 
    • Attorneys, accountants and financial planners: We are experienced in estate, divorce, bankruptcy, partnership, eminant domain, bail collateral and other legal reporting requirements which would require expert testimony. We provide well-documented defendable reports specifically for court purposes. 
    • REALTORS® and real estate agents: We offer pre-listing appraisal services for real estate in New York City to assist with pricing homes or developing supporting materials such as a detailed floorplan or sketch of the property.  

    If your needs include a professional, prompt, accurate real estate appraisal in New York state, contact us or order online to get started today.