Gotham Valuation

With unsurpassed attention to detail, our team expertly prepares all of the following:

• All approved form appraisal products
• Narrative appraisals
• Market/marketability/feasibility studies
• Custom tailored reports on an individual basis

Special properties, which are such a prominent feature of the New York City real estate landscape, are a focused area of expertise at Gotham Valuation. More >

Appraisals for Mortgage Lending:

Our primary business is providing superior quality appraisals for financial institutions in connection with mortgage lending. Over the past decade, our team has performed and/or reviewed over 30,000 residential real estate appraisals in Manhattan alone, representing over $30 billion worth of real estate.

We are proficient with all FNMA-approved forms, including:

• Cooperative (2090)
• Condominium (1073)
• Single-Family (1004D)
• 2- to 4-Unit Multi-Family (1025)
• Drive-By (when possible) (2055, 2065, 2075, 2095)
• Final Inspection/Valuation Update
• Rent Survey/Operating Income Statement
• Field/Desk Review

As required, Gotham Valuation expertly prepares narrative style appraisals in support of mortgage lending. The narrative appraisal is often a recommended format for exceptionally atypical properties with characteristics that may not be exhibited elsewhere in a market.

Our team members are approved to perform appraisals for many institutional lenders. Gotham Valuation appraisals are tailored to meet the needs of all our clients, which include leading appraisal management companies, private banks, mortgage bankers, credit unions and private finance companies. We make it a point to understand the unique needs of each client and take pride in being able to draft reports that meet specific underwriting requirements.

Special Properties:

Gotham Valuation has exceptional experience analyzing unique and complex properties, which are often the norm in New York City. These assignments require the ability to interpret market cues and recognize the subtle nuances between competing properties. Our team has unparalleled expertise in niche markets, buildings with special and often non-observable characteristics, and residences with atypical features and amenities. We prepare the appraisals of special properties with full descriptions and analyses of the array of factors that contribute to market value. 

Some of the specific types of complex properties we routinely appraise include lofts, penthouses, maisonettes, “starchitect” branded properties, professional/medical use properties, live/work properties, condo-tel properties, all-cash cooperatives and income restricted/subsidized cooperatives.

Our principal, Andrew Goodman, is firmly established in the industry as an appraiser of choice for the most demanding assignments. He has appraised many of Manhattan’s most prestigious trophy properties and is attuned to the dynamics that govern this market, such as the prevailing expectations of professionalism, discretion and confidentiality.

It is a company priority for Mr. Goodman to be accessible to discuss assignment parameters, answer client questions, and expedite the resolution of any conflicts and/or concerns.