Capital Appraisal Services, Inc. of New York

Our History

Capital Appraisal Services is an incorporated real estate appraisal and consulting firm founded in 1991. The firm performs work throughout the New York Metropolitan area in both the commercial and residential facets of the industry. Appraisal and consulting assignments are provided to public and private lending institutions, and for tax certiorari, court related matters, estate purposes, and employee relocation. The company's principals, Arthur Chiaramonte, MAI and Anthony N. Troiano, MAI, SRA, have each been actively engaged in real estate valuations for over 21 years. Capital employs a full administrative staff and both full-time and independent fee appraisers. The company is fully integrated with today's technology incorporating a Windows XP networking system, DSL, Electronic Data Interchange (EDI) via Adobe PDF and a DROBO backup system.

Capital Appraisal Services prides itself on servicing the client. Through the principal's experience, education and computer expertise, the company offers the sought after combination of quality, expediency, personal attention and competitive pricing that is commanded in today's dynamic business environment. Both principals are New York State Certified General Appraisers. Mr. Chiaramonte is an MAI member of the Appraisal Institute and has a Masters Degree in Real Estate Valuation. Mr. Troiano is an SRA member of the Appraisal Institute and has a MBA Degree in Finance. Both are dedicated to maintaining the educational vitality necessary to be competitive in today's market.

The strong combination of in-depth experience and education makes Capital Appraisal Services eminently qualified for both commercial and residential facets of real estate valuations. The firm performs commercial appraisals on proposed and existing office, retail, industrial, rental and mixed-use properties, residential developments, vacant land, governmental projects and complex properties such as nursing homes, assisted living facilities, hotels, marinas and multi-tenanted properties utilizing ARGUS DCF analysis. In addition, the firm has appraised over 10,000 residential properties throughout New York City, Nassau and Westchester counties and specializes in the appraisals of high-end Manhattan townhouses, cooperatives and condominiums.

Each appraisal report performed by Capital Appraisal Services conforms to FIRREA and FNMA requirements and is prepared in accordance with the Code of Professional Ethics and Standards of Professional Practice of the Appraisal Institute..

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