Unfurnished Rental Apartments in New York
rental agencies and brokers charge steep fees for locating
an apartment for you - the norm is 15% of the annual rent...
that would be $3600 on a $2000/mo apartment. There are also
agencies that promise that they will find no fee apartments
for you - for a fee. Never having heard of a good experience
with the "no-fee" brokers lists is no reason for
you not to try it, but beware. You may find that you are
given the apartments you can find in the Village Voice,
NY Post and Times or other freely available listings.
If you are not satisfied, what often happens is that the
absolute guarantee of a refund is not as clear as it sounded
when you sent in your money! Paying a fee to a broker who
can locate a rent stabilized apartment in a nice area may
be a better way to spend your money and save you both money
and grief in the long run.
sure when you deal with landlords, owners or management
companies, that you get everything in writing. Any verbal
additions to your lease are not binding...period.
you have a pet or plan to get one, make sure that your lease
states that you are allowed to have pets in the apartment.
apartments require first and last month rent as well as
one, or sometimes two, months security. The brokers fee
will be at least another month's rent, usually more. That
means if you find an apartment that rents for $2000, you
will need up to $10,000 to close the deal. In addition,
New York landlords will check your credit history and require
proof that your income can cover the rent. Using the $2000
apartment for an example, you may be asked to provide documents
that your household income is $80,000 to $90,000 a year.
A letter from your employer, your pay stubs from the last
three months and tax returns from the past two years are
New York the number of bedrooms are not always a good indication
of the size of the apartment. Landlords have been known
to split a large studio into a two bedroom apartment - always
take a look at what you are getting before you sign any
a look at the Columbia University guide in the resouces
table on this page for additional things to be aware of
before you start your search.
see in NYC
Apartments -> Furnished
or Corporate Apartments
Term Sublets | Roommates/Shares
see related feature -> Renovating
a Brownstone or Condo