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.
Our team of experienced appraisers combines extensive local market knowledge with sophisticated analytical methods to provide accurate valuations across all commercial property types. From iconic Manhattan office towers to industrial facilities in the outer boroughs, we handle properties of every scale and purpose, including retail centers, multifamily buildings, hotels, mixed-use developments, and specialized facilities.
We serve a broad range of clients including property owners, lenders, investors, attorneys,
financial advisors and accountants, providing valuations for financing, investment decisions, tax purposes, litigation support, and estate planning. Our commitment to rigorous analysis and unwavering professional standards ensures that each appraisal meets the highest industry benchmarks while delivering the quick turnaround times that today's market demands.
At Park Avenue Appraisals, we understand that accurate property valuation is fundamental to sound real estate decisions. Let our expertise help guide your next transaction or investment in the New York commercial real estate market.
Call Today for a Quote: 646-736-4879
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
Park Avenue Appraisals - Premier Commercial Real Estate Appraisal Services:
Park Avenue Appraisals, with its team of experienced and top-notch local commercial appraisers has excelled to the top of the industry by offering great customer service, accurate appraisals and quick turn times.
Thomas Padden, our Senior Appraiser, has over 20 years’ experience and is considered one of the top appraisers in the New York Metro area. As the founder and principal of Park Avenue Appraisals, Mr. Padden brings expertise in complex valuation assignments, including private appraisals for trust and estate purposes, divorce, bankruptcy, probate, tax appeals, pre-listing and much more. His thorough market knowledge and analytical approach have made him a trusted advisor to property owners, investors, financial institutions, attorneys, and government agencies.
Understanding that accurate valuations are crucial for informed real estate decisions, Mr. Padden brings a meticulous approach to every assignment, combining thorough market research with sophisticated analytical methods. His commitment to professionalism and integrity, coupled with competitive rates and efficient service, has earned him long-standing relationships with many of New York's premier real estate professionals and institutions.
Whether you need a single property valuation or complex portfolio analysis, Mr. Padden and Park Avenue Appraisals have the expertise and resources to meet your commercial appraisal needs.
Johnny B.
We had an unusual request, we needed a Date of Death appraisal & we needed it yesterday. Tom from Park Avenue Appraisals really stepped up for us! In this difficult time it was important to have a knowledgeable person with an attention to detail! Tom came through, took pictures & ran measurements. His report was phenomenal, his comps impeccable! A true professional who took the time to explain the process & answered each & every question we had!
I would absolutely recommend Park Avenue Appraisals without hesitation! If you want the job done professionally by a dedicated thorough professional with an eye for detail, do not hesitate to call Tom! I know we will use them again!

10 Months Ago
Oren G.
I found Park Avenue Appraisals on Google and I read a few reviews before I called. Tom was the one who answered and from the very first moment he was responsive and patient to explain the process although sometimes I asked the same questions again...
the appraisal was ready on time and it was very thorough and professionally done.
Thank you Tom, it has been a pleasure working with you. Highly recommend!

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