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Meet Michael Vargas

Michael

Agent Details

Meet Michael

Owner, Vanderbilt Appraisal Company LLC
Mr. Vargas has over 25 years of diversified real estate experience with a focus on the appraisal and valuation of real estate in the NY Metropolitan Area. Mr. Vargas is recognized as one of the most experienced professionals in the appraisal of New York area cooperative and condominium housing; and luxury, mansion, complex type residential real estate. Since forming Vanderbilt Appraisal Company in 2003, Mr. Vargas has been engaged to perform appraisal services for some of the area’s most valuable, prestigious, high-dollar value residential properties in Manhattan and the Outer-Boroughs; Westchester County and the Hudson Valley region; the Catskills region; Long Island and the Hamptons; and suburban New Jersey spanning from Bergen County to the Jersey Shore.
 
Mr. Vargas received his initial appraisal training while in the employ of a large California-based lending institution, Home Savings of America. In 1995, he joined the Manhattan-based firm of Mitchell, Maxwell and Jackson. Mr. Vargas later joined Cushman and Wakefield, Inc. as the principal residential appraiser and director of Residential Valuation Services. In 2003, Mr. Vargas, in association with Terra Holdings, formed Vanderbilt Appraisal Company, LLC which quickly became one of the regions premier appraisal firms in the New York, New Jersey and Connecticut area.
 

Appraisal Experience​

Mr. Vargas has performed or reviewed thousands of appraisal assignments including condominiums; cooperatives; single-family; multi-family housing; apartment buildings; development sites; mixed-use properties; medical/professional offices; retail spaces; office buildings; warehouses; feasibility studies and conversions within the Metropolitan/Tri-State Area. Mr. Vargas has consulted with many high profile clients, accounting firms, law firms and prominent lending institutions regarding real estate holdings.
 
Mr. Vargas has been qualified as an expert witness on numerous court cases and has completed testimony in New York County, Queens County and Kings County Supreme Court; Surrogate’s Court Suffolk County and the U.S. District Court Southern District.

Client Wins

"Cheryl, I am not surprised that Corcoran was after you. You are a unique real estate professional who combines a deep understanding of the forces behind selling or buying real estate in this big city with a wonderful human touch that makes people trust you instantly, and let's not forget your unending efforts that you put into the job. We were very lucky to have met you, you made the process of selling our apartment under extremely difficult conditions in the market, as well as with what was going on in the building at the time. We wish you much success in your new job, we know you will do fantastic."

-SELLER

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