Welcome to Park Avenue Appraisals. We are a full-service Commercial Real Estate Appraisal Company with a team of experienced State Certified and MAI Appraisers. We serve clients in the New York Metro Area including Kings, Queens, Manhattan, Bronx, Richmond, Nassau & Suffolk Counties.
Pre-Listing Appraisals
Properties that aren’t priced right simply don’t sell. Overpriced listings collect days on the market and frequently end up selling for much less than they would have had they been priced right at the beginning. Avoid this by getting a professional, expert pre-listing appraisals from Park Avenue Appraisals.
Every month that a property sits unsold drains the owner’s wallet. It takes no time for a owner to spend more in carrying costs (mortgage, taxes, insurance, and utilities) while the property is listed than the total cost of an appraisal. If you want your property sold quickly, invest in a pre-listing appraisal.
Park Avenue Appraisals provides an accurate, substantive listing appraisal service for property owners and realtors in the New York Metro Area. We’ll perform a pre-listing appraisal to provide your real estate team with a detailed analysis of the most recent comparable sales and an accurate description of your property's features. Our report will help you decide on an attractive selling price so that your property draws in buyers, and:
>> Provide expert advice when negotiating once you find a prospective buyer
>> Provide written proof of your homes condition, inside and out
>> Eliminate last-minute repair hassles
>> Cut down the chances of unknown problems that can cause your sale to fizzle
>> Cut the wait for the buyer’s appraisal, assuring the sale will go through
An overpriced property will not attract potential buyers, which means no offers, no closing and wasted time, money, and effort. An underpriced property means low ball offers and thousands of dollars in value lost. To maximize your profit and minimize your properties time on the market, it’s in your best interest to have an objective, third-party opinion before signing the listing agreement.
The professional appraisers at Park Avenue Appraisals render unbiased, neutral opinions of value. We’ll tell you what you need to know, not just what you want to hear. In addition to helping, you set a realistic price to sell so your property will attract interested buyers, a pre-listing appraisal is a crucial negotiating tool once you have an attainable buyer. The pre-listing appraisal is a true, independent third party’s opinion of your properties market value, backed by a credible, expert state-certified appraiser.
Park Avenue Appraisals proves to be the New York Metro Area, top provider of pre-listing appraisals. Don’t risk leaving several thousand dollars on the closing table. Call us today for an in-depth consultation and guidance provided by a state-certified appraiser. We have the experience and qualifications to meet all of your appraisal needs.
Apartment Buildings
Assisted Living Facilities
Convenience Stores
Easements
Education Facilities
Eminent Domain
Fast Food
Flex Space
Gas Stations
Golf Courses
Green Buildings
Hotels & Motels
Industrial Properties
Land Leases
Master Planned Communities
Medical Offices
Mixed Use
Mobile Home Parks
Multi-Family Residential
Net Lease Properties
Office Buildings
Professional Offices
Religious Facilities
Residential Subdivisions
Restaurants
Retail Centers
Self-Storage Facilities
Single Tenant Retail
Special Purpose Buildings
Subdivisions
Vacant Land
Warehouses
We provide the following Valuation Services
Absorption Analysis
Appraisal Reviews
Bankruptcy
Buying / Selling
Capitalization Rate Studies
Cash Flow Analysis
Condemnation
Construction Inspections
Divorce
Date of Death
Eminent Domain
Estate & Trust Planning
Financial Planning
Foreclosures
Gifts
Hard Money
Litigation Support
Market Rent Studies
Market Research
Market Studies
Mortgage Lending
New Construction
Owner’s Values
Private Lending
Portfolio Valuations
Prospective Appraisals
Replacement Value
Retrospective Appraisals
Step-Up Basis
Tax Appeals
Troubled Asset Support
Trust
Value in Use
Thomas G. Padden Certified Residential Real Estate Appraiser | Principal, Park Avenue Appraisals
Thomas G. Padden is a New York State Certified Residential Real Estate Appraiser and the Principal of Park Avenue Appraisals — a leading real estate appraisal firm serving the full New York Metro Area with residential and commercial valuations since 2001. With more than two decades of experience and thousands of completed assignments, Tom has established himself as one of the top appraisers in the region, earning long-standing relationships with property owners, investors, financial institutions, attorneys, and government agencies throughout New York City and beyond.
A Fordham University graduate with a B.S. in Business Administration, Tom brings a strong analytical foundation and genuine neighborhood-level expertise to every assignment. Park Avenue Appraisals serves clients across all five boroughs — Kings, Queens, Manhattan, the Bronx, and Richmond — as well as Nassau and Suffolk Counties. That deep familiarity with the unique characteristics of each market means clients receive valuations grounded in real local knowledge, not generalized assumptions.
Tom's experience spans a wide range of property types that reflect the full diversity of New York real estate. On the residential side, his work includes single-family homes, townhouses, condominiums, cooperatives, two-to-four-family properties, and new construction across Manhattan, Brooklyn, and Long Island. On the commercial side, he handles office buildings, apartment complexes, mixed-use properties, industrial parks, lodging products, and vacant development land — making Park Avenue Appraisals a versatile, go-to resource for virtually any valuation need in the metro area.
His practice serves clients across the full spectrum of appraisal purposes: mortgage financing, estate management, IRS-related filings, tax reduction analysis, pre-listing valuations, divorce, bankruptcy, probate, and litigation support for attorneys navigating complex real estate matters. Whether the assignment is straightforward or requires sophisticated analysis of a unique or high-value property, Tom approaches every engagement with the same meticulous commitment to accuracy and thoroughness.
What sets Park Avenue Appraisals apart is the combination of credentials, responsiveness, and genuine customer service that clients experience on every order. Tom and his team are known for fast turnaround times, high-quality appraisal reports, electronic delivery, and competitive pricing — making it easy for homeowners, lenders, accountants, and attorneys to get the accurate, defensible valuations they need without delay.
Tom holds a Senior Residential Member designation from the Columbia Society of Appraisers (CSA-R) and is FHA-certified. He maintains his New York State Certified Appraiser license in good standing, completing all required continuing education each renewal cycle.
When you work with Park Avenue Appraisals, you're working with a team that knows New York real estate from the ground up — and a principal who takes personal responsibility for delivering clarity, accuracy, and confidence with every appraisal.
Johnny B.

10 Months Ago
Oren G.

2 Months Ago
Jim R.
Professional and timely with a strong knowledge of the Fishers island market.

8 Months Ago
Nicola V.
I found Mr. Padden to be a First Class business professional who executed the appraisal with speed, efficiency and detail. He was always accessible by telephone and email, even accommodated my tenants difficult showing schedule, and delivered the appraisal on time as promised. He is extremely knowledgeable about the market and I would hire Mr. Padden for any and all of my future appraisal needs without hesitation.

1 Year Ago
Surekha D.
Tom called me before I got off the website, set a price and was very prompt in setting up appointment. Then he was on time, very personable and knowledgeable and informative about my neighborhood - he was so well versed in history of this neighborhood that probably old time residents weren't even aware of it! Highly recommended.

6 Months Ago