Appraiser

City of New York • New York, NY

7d • $74,719 - $74,719 • Hybrid

About The Position

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.

Requirements

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

Nice To Haves

• 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.

Responsibilities

• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level