New York Real Estate Appraiser
"Heskel studies market shifts, especially in local neighborhoods. His real estate knowledge is as strong as any expert's I've encountered." NY Daily News Dec, 21, 2007
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HMS Associates LLC is a leading residential and commercial real estate appraisal and consultant firm independently owned and operated and based in New York City.
Our real estate appraisal services are known through out the tri state area including: Manhattan, Brooklyn, Bronx, Queens and Staten Island. We are also able to provide these services in New Jersey.
We are available for value appraisals on commerical, single and multi family dwellings.
HMS provides accurate and excellent appraisal services for:
Residential Appraisals
HMS Associates offers comprehensive residential appraisals of co-op and condominium apartments and single and multi-family homes for mortgage, tax, and other purposes. We provide fast and professional form and narrative reports, field and desk reviews and other products designed to meet specific needs of lenders, developers, owners and attorneys. To round out its residential appraisal service offering, HMS offers related services including consulting, specialized legal services, field and desk reviews, and comparative and recent sales data and analyses.
Commercial Appraisals
We have highly credentialed commercial appraisers with more than 20 years experience who provide valuations for multi-family, warehouse, industrial, hospitality and office buildings and mixed use and retail properties.
Our commercial appraisers are skilled in complex underwriting projects for major hotels, retail properties, refinancings, acquisitions and litigation support. HMS Associates provides accurate and excellent commercial appraisals for sale, purchase, development and financing.
Asset valuation for sale or purchase
Asset Valuation requires experience and expertise which is why so many companies look to HMS Associates asset valuation appraisal services to help them make better and more informed decisions.
Mortgage origination
The mortgage process includes all steps taken by a lender to attract and qualify a borrower, process the mortgage loan, and place it on the lender's books. As part of that process HMS can provide your with a fast appraisal.
PMI removal
PMI Insurance (private mortgage insurance) is a cost added to the monthly payment of many mortgage loans. You may be able to get rid of it based on the equity in your home and reduce your monthly payment. Let HMS get you an appraisal fast so you can start using that extra money for other things.
Assessment Appeal Services
There are as many different procedures for appealing assessments as there are property taxing districts, so it’s important to work with experienced professionals. HMS Associates will conduct an independent, third-party report based on our own evaluation.
Divorce Appraisals
The first step in deciding "Who gets the house?" is getting an accurate appraisal. HMS’s professional, high quality appraisals will stand up in court proceedings and under the most sensitive circumstances.
Date of Death Evaluations
There are many situations when you might need to know the value of a property on a specific date in the past, rather than when the appraisal was conducted. For estate tax purposes or disposition of assets of a decedent, HMS Associates can provide a "date of death" valuation.
Preconstruction and Land Appraisals
We prepare valuations to aid in selling or purchasing raw land and for construction loans and tax abatement purposes. Specific examples can be:
421a Tax abatements - Land appraisals are required for owners of three- and four-family buildings who may qualify for tax abatements for up to 25 years if they have owned the property over two years.
Simple financing – Developers and investors need appraisals to get bank, lender, or equity financing to acquire or refinance.
Pre-acquisitions – Developers can learn the value of purchased land to help calculate the per-square-foot cost of building.
» Trust and estate matters
» Gift tax
» Relocation
» Foreclosure
» Bankruptcy
» Court testimony
We serve all five boroughs of New York City plus Westchester, Nassau, Suffolk, Rockland, Putnam, Ulster, and Orange counties. We also service the following counties in New Jersey: Sussex, Passaic, Bergen, Middlesex, Union, Monmouth, Ocean, and Burlington.
Explore our website and call us at 718-438-9400
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