Town of Islip v. Mustamed Associates, Inc.Town of Islip v. Mustamed Associates, Inc.
—In an eminent domain proceeding, the petitioner Town of Islip appeals, as limited by its brief, from stated portions of an order and judgment (one paper) of the Supreme Court, Suffolk County (Balkach, J.H.O.), dated May 4, 1994, which, inter alia, after a non-jury trial, awarded the claimant the principal sum of $561,000, less any advance payments previously made by the Town of Is-lip.
Ordered that the order and judgment is affirmed insofar as appealed from, with costs.
"In determining an award to an owner of condemned property, the findings must be either within the range of the expert testimony or be supported by other evidence and adequately explained by the court” (Matter of City of New York [Reiss],
The trial court properly accepted the capitalization rate established by the claimant’s appraiser. The proper capitalization rate is a factual question for the trial court, and the opinion evidence of the appraisers is competent evidence of that rate (see, Matter of County of Dutchess v Dutchess County Indus. Dev. Agency, supra; Matter of New York City Tr. Auth. [Superior Reed & Rattan Furniture Co.], supra, at 706; Matter of Burke Apts. v Swan,
We have considered the appellant’s remaining contentions and find them to be without merit. Thompson, J. P., Altman, Friedmann and Florio, JJ., concur.