Appraiser

City of New York; New York (NY); Hybrid; USD 67,000 - 82,000; Full time

Job summary

City of New York seeks a Commercial Real Estate Appraiser within the Real Estate Services division to value City properties and support lease and purchase decisions.

Under supervision, you will analyze market data, prepare appraisal reports, and coordinate with architects, attorneys, and brokers to ensure accurate, USPAP-compliant valuations for diverse assets.

Qualifications

• Bachelor’s degree and two years of appraisal experience with narrative reports required.
• Associate degree or 60 credits and four years of appraisal experience, two years written reports.
• High school diploma and six years of appraisal experience, with two years writing narrative reports.
• Education/experience equivalence accepted, with minimum two years appraisal experience.

Responsibilities

• Research materials and public records to collect data for real property transactions.
• Prepare appraisal reports and market analyses per USPAP guidelines.
• Appraise complex property types, including apartment buildings, land parcels and income-producing assets.
• Interface with property owners, brokers, banks, engineers, and city stakeholders.

Skills

Analytical ability

Attention to detail

Communication skills

Microsoft Office

Education

Baccalaureate degree

Associate degree or 60 credits

High school diploma + 6 years experience

Education/experience equivalence

Tools

MS Office Suite

Job description

DCAS's mission is to make city government work for all New Yorkers. From managing New York City’s most iconic courthouses and municipal buildings, to purchasing over $1 billion annually in goods and services for more than 80 City agencies what we do ensures that all agencies can deliver on their mission. Our reach touches every facet of city government and is instrumental to the successful day-to-day operations of the City of New York.

Our Commitment To Equity, Effectiveness And Sustainability Guides Our Work Providing City Agencies With The Critical Resources And Support Needed To Succeed, Including

• Recruiting, hiring, and training City employees.
• Managing 55 public buildings.
• Acquiring, selling, and leasing City property.
• Purchasing over $1 billion in goods and services for City agencies.
• Overseeing the greenest municipal vehicle fleet in the country.
• Leading the City's efforts to reduce carbon emissions from government operations.

When you work at DCAS, you're not just working for one agency, but in service of them all. It's an opportunity to provide impactful support, quality customer service, and help protect the future of New York City for generations to come. Visit our website at nyc.gov/dcas to learn more about the work we do.

The Real Estate Services (RES) division of DCAS supports governmental operations of the City of New York by providing services that are responsive to the City’s real estate needs. RES is responsible for the management of 37-million square feet of City-owned and/or occupied real estate, plus citywide acquisitions (lease or purchase) and sales or other dispositions of City-owned properties. RES responsibilities also include architectural design; space planning and project management; zoning and land use analyses; property valuations and financial analyses of real estate transactions.

These services are performed among the five (5) units of accounting and finance professionals that make up the RES Financial Services team by performing property valuations, lease administration, revenue & financial analysis, lease audits, and budget & lease enforcement. In so doing, there work supports every unit within RES to accomplish their own missions.

Presently, the Property Valuations unit of Financial Services is looking for a detail-oriented Commercial Real Estate Appraiser.

Under general supervision, an Appraiser Level II will perform and be responsible for the appraisal of real estate, with wide latitude for independent action and decision making.

• Researching materials and public records to collect and analyze data and information regarding transactions related to real property.
• Research and collection of information and data, both current and historical, for use in appraisal report preparation.
• Research, review, and analyze information pertinent to overall market conditions of all types of real property.
• Obtain source materials by means of research, records examination, published materials, or personal interviews.
• Conduct sufficient research on market conditions to justify adjustment process, as required.
• Conduct field visits to gather information used to analyze local market trends and photograph real property.
• Analyze construction costs and depreciation in real estate values.
• Interface with architects, surveyors, real estate appraisers and brokers, property owners, building managers, banks, engineers, builders, attorneys, local preservation units, government agencies, landlords and tenants.
• Perform appraisals of complex types of property such as apartment buildings, land parcels and large commercial, industrial, or business properties, which are frequently income-producing.
• Perform appraisal review reports to ensure that the methodology, market data and analysis are reasonable and that the report conforms to USPAP standards.
• Perform supervisory work in the appraisal of real estate.
• Perform feasibility analysis to determine the highest and best use of real property for the purpose of acquisition or disposition.
• Prepare appraisal reports and market rental analyses based on Uniform Standards for Professional Appraisal Practice (USPAP) guidelines.

• Work with senior appraisers to resolve problems relative to requests for appraisal work.
• Follow procedures governing appraisal processes, recommend changes in appraisal policies and procedures.
• Advise, guide, and supervise, or assist in the supervision and training of lower-level appraisers and vendors.
• Review of and responsibility for the appraisal work performed by lower-level appraisers and vendors.
• Attend meetings with other City agencies and stakeholders regarding the appraisal of real property.

Flexible Work Update

This position may be eligible for remote work up to two days per week, pursuant to the Remote Work Pilot Program agreed to between the City and DC37.

APPRAISER (REAL ESTATE) - 40410

Minimum Qualifications

• A baccalaureate degree from an accredited college and two years of satisfactory full-time experience in the appraisal of real property in which the writing of narrative reports is required; or
• An associate degree or 60 semester credits from an accredited college and four years of satisfactory full-time experience in the appraisal of real property, of which two years must be in appraisal of real property in which the writing of narrative reports is required; or
• A four-year high school diploma or its educational equivalent approved by a state's department education or recognized accrediting organization and six years of satisfactory full-time experience in the appraisal of real property, of which two years must be in appraisal of real property in which the writing of narrative reports is required; or
• Education and/or experience equivalent to "1", "2" or "3" above. However,

all candidates must have a four-year high school diploma or its educational equivalent as described in "3" above and at least two years of the experience described in "1" above.

License Requirement

A Motor Vehicle Driver License valid in the State of New York. This license must be maintained for the duration of employment.

To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience in the appraisal of real property.

To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two years of full-time experience in Assignment Level I and/or Assignment Level II, or at least two additional years of fulltime experience in the appraisal of real property, one year of which must have been supervising staff performing the appraisal of real property.

Preferred Skills

• Experience in appraising commercial properties of increasing complexity. - Demonstrated ability to prioritize, follow through and complete tasks. - Dedication to providing timely, reliable, and courteous service to clients. - Attentiveness, attention to detail, and strong analytical skills. - Demonstrated analytical, quantitative, and problem-solving abilities. - Ability to comprehend, analyze, and interpret complex documents. - Proficient in narrative appraisal report writing (work samples may be requested). - Candidates should have excellent communication, writing and interpersonal, skills. - Experienced with Microsoft Office Suite (Word, Excel, Outlook, Teams). - New York State Certified General Real Estate Appraiser License in good standing. - Commitment to professional development and continual learning. - Appraisal Institute MAI Designation or Candidate for Designation a plus.

55a Program

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement

New York City Residency is not required for this position

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

, $74,719.00 – $74,719.00