New York Apartment Rentals
Apartments for Rent in Manhattan Brooklyn Bronx and Queens Staten Island
According to a recent report in The New York Times, first time apartment hunters in New York are flabbergasted by the deals they get when they search for apartment rentals here.
The rates of New York apartment rentals are soaring. Of course, New York is the city of dreams and come spring, freshly minted college grads are rushing to NY to grab that dream career they've been preparing for. This lot is determined and thorough. Still, sheer determination is not enough to get you good return for your money. You also need to hunt for that home in the right places and through the right sources.
When you are looking out for New York apartments, your first shock will be the rentals. On an average, the going rental rate for a one-bedroom apartment in the Village is approximately a little over $3,000. Added amenities like a building with a doorman cost more. Soon, new customers who drive New York apartment rentals realize that they may need to look for roommates or lower their expectations if they really hope to rent an apartment.
The second shock that most apartment hunters encounter is the size of the flat. Small flats are the flavor of the season simply because of the imbalance in the demand-supply curve. Often, New York apartments may simply be a convertible single bedroom apartment which is really only a studio that has been converted into a bedroom.
Apart from the above, New York apartment rentals also have nasty surprises for customers in terms of conditions set by landlords. For instance, some landlords have stipulations regarding salaries of tenants. Houses are easy to get if your yearly average is over the $80,000 mark. Unfortunately, most fresh graduates who flock to NY earn in the range of $33,000 - $35,000. If salaries are this low, landlords require the assurance of a guarantor who has a high yearly income. Sometimes, landlords may even insist on advance rentals, which makes life more difficult for the hapless tenant.
So, the long and short of it is that just because you think you qualify for New York apartment rentals, it is not so. The rental scene in NY is quite different from that in other cities.
The key to finding a good apartment in NY is to learn as much as possible about the NY market before you get here. Or, you must make use of a company that is into the business of leasing apartments in NY. In the latter case, if the company is a reputed one, their team would help you find an apartment that suits your needs. You may also avoid shelling out hefty amounts as brokerage fee. Many such companies take enquiries online, which means you do not really have to wait until you reach NY to start your search for that apartment of your dreams.
NYC apartment listings - Stonehengenyc.com is dedicated to helping you find the perfect New York City apartment.
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Excellent New York City Apartments
By Androide Fey
I wanted to take a moment to write and let you know just how pleased and happy with the amenities that available in New York City apartments. I visited this city on a business purpose. However, this city is not new to me, but this time, my trip almost one month. Every time, I visited to this for two to three days only. So, most of the time, I would like to prefer traditional hotel accommodation. However, this time, I would like to prefer to stay in rented apartment. Obviously, I had great experienced while searching and leasing an apartment. Here are few lines discussed about New York City apartments.
There are some well established and experienced agents are proud to own and operate some of the finest Brooklyn apartments. These apartments are located just minutes from Brooklyn Bridge and all of these properties can offer stunning views of downtown Manhattan and the statue of Liberty. If you need to go into midtown west or the financial district, you can take the subway from the Jay and Willoughby stations nearby.
When it comes to amenities of these apartments, these are best in the entire city, not just Brooklyn. All of these apartments include rooftop common areas, billiard and game rooms; around the clock concierge serves, fitness centers, media or theater rooms, and even covered parking. Most of these apartments are also having unique interior finished, private patios or balconies, gourmet kitchens and spacious closets.
When it comes to Manhattan apartments, these are second to none. If you are interested to live within walking distance to central part then Manhattan apartments are a best choice for you. Maybe you would rather call Madison square garden and Penn station neighbors. No matter what you are looking for, these Manhattan apartments are perfect one for you.
The facilities or amenities in this apartment will be definitely full fill your home needs.
Many of the agents are providing their excellent services regarding manhattan apartments listing which is the best place among newyork city apartments
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New York City Apartments - The Best of Everything
By Ruth Caldon
Who wouldn't want to live in the concrete jungle of New York City? Tall buildings, the statue of liberty, the Times Square and the beautiful New York apartments. We all have probably seen a lot of New York apartments in television or even in magazines. Apartments in New York City vibrate elegance and sophistication, while some boasts the feeling of home in the midst of the tall buildings, and people who walk around the streets as if they never sleep.
There are a lot of reasons to move to the beautiful city of New York. Aside from it being beautiful especially at night, a lot of opportunities is waiting for you. Your skills and potentials are waiting to be tested in the city of dreams. Another reason is the accessibility to almost everything. Being in New York is like having the whole world at the tip of your fingers. Living in New York is perfect and they also have a lot of New York apartments for rent that can fit whatever needs you might have.
Finding a New York City apartment for rent will overwhelm you first, because there are hundreds of apartments for rent listed every day. Almost every neighbourhood in New York has apartments waiting to be rented. Listed below are some of the best places in New York to rent an apartment:
- Brooklyn - If you want something a little affordable, New York City apartments in Brooklyn are ideal for you. Brooklyn boasts a lot of attractions like the Brooklyn Bridge, The Brooklyn Museum and McCarren Park. With these attractions near your apartment, it's like living in New York City and still having the chance to appreciate its beauty every day.
- Park Slope - You could also find New York City apartments for rent in this area. This neighbourhood is known as one of the best-rounded neighbourhood in New York and is noted for its low crime rates. It is peppered with a lot of schools and a lot of restaurants and bars. There are also parks located in the neighbourhood that can accommodate you during those Sunday picnics or any other random thing.
- Lower East-Side - Also one of the best areas to look for New York City apartments, this part of the city is very energetic if you love the night life. The apartments for rent are very affordable, as long as you can deal with a little noise.
Apartments in New York City, whichever neighbourhood, boast of charm and elegance. If you are looking for a place to rent in the beautiful city of New York, you can start searching for apartments for rent on the internet or call a Real Estate company that can accommodate all your needs for apartment hunting.
If you are looking for New York apartments [http://www.apartmentreviews.net/], internet is the best place to look. For hassle free experience finding New York New apartments [http://www.apartmentreviews.net/ratings/new-york/new-york-city.htm], get a local realtor who is experienced. Good apartments in New York are available in plenty, but you have to rely on the best resource there is. There are quite a few New York apartments for rent as well if you are not looking to buy one right now.
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Fast and Efficient Ways To Finding An Apartment In New York City
By Cody Morris
Searching for an apartment in the biggest City in the country is a daunting task; whether you are new to NYC or a 12 year veteran like me, you will need thick skin to navigate this concrete jungle! Let me start with my personal experience.
I am originally from Portland, OR, I moved to the Big Apple back in 1998. My first 5 months living in New York were spent living out of a hotel because I had a hard time finding a place. My original intentions were to stay at my hotel for 2 weeks, but I had to extend my stay since I grossly underestimated the difficulty of finding a decent apartment in New York. Now after 12 years and 7 moves I consider myself an expert in New York City apartment hunting and now I will share the knowledge I have accumulated over the years of searching for apartments by myself or using a broker.
This article is a guide that will help make the process of finding an apartment in this "crazy city" easier, more efficient and less confusing (it might even save you a couple of dollars in the process). It is all laid out in an easy to follow 6-step process.
Step 1: Figure Out What Neighborhood You Want To Live In!
This may seem like the easy part because you obviously want to be in an area that is convenient, trendy and safe, however you will soon figure out nothing is that easy in New York City. You need to determine what neighborhood fits your personality/life style and at the same time determine what kind of space/amenities you will need. For example you may work in the East Village and love the energy there but are you willing to pay the steep price tag for a "shoe box"(and by "shoe box" I mean a tiny apartment) in a run down building that is a 4th floor walk-up. Do you feel comfortable living in an area where it's a constant party scene every night?
A book that is an amazing source of info for the ins & outs of every neighborhood is the NFT (Not For Tourist) guide of New York City. You can buy this in any Barns & Noble and make sure it is the most up to date version because there is a new version every year. Another great way of getting to know a neighborhood is by Googling it. With an endless source of information in cyber space why not take advantage of it. If you prefer doing it the old fashion way, taking a stroll through the neighborhood, go for it! But make sure you have your trusty NFT guide with you so you can spot the important things.
Step 2: Determine What You Are Willing To Sacrifice
In your apartment search you are going to have to sacrifice something whether it be size, location or amenities. You are going to have to prepare yourself mentally and emotionally because the grim reality is the perfect apartment doesn't exist (unless you have an unlimited budget) The general rule of thumb in New York is the further uptown you go the bigger and cheaper the apartments will be. The further downtown you go the smaller and more expensive it will be.
You need to determine what is most important to you within your unique budget and find that middle ground. My advice, is if you find an apartment that is 70-80% ideal, take it, because the pickier you are the harder the search will be! I learned this the hard way a longtime ago and you do not want to get stuck chasing around that "magical apartment". Yes, it is possible you might get lucky and find that perfect apartment but so is hitting the jackpot in the lottery!
Step 3: Determine What You Can Afford And If Your Budget Is Realistic
Once you have an idea of which neighborhoods you prefer to live in, now you have to determine if your a budget is realistic. Determine what is the average price for an apartment for those neighborhoods. How? I recommend going to a website called apartmenthero.com. This website will provide current market averages for every size apartment rental in every neighborhood in the city. Results are usually pretty accurate but sometimes they can be a little off, about plus or minus $300. When you first enter the site you will be prompted to enter information to compare your current apartment to the current market rate. If you're a "newbie" and do not have an apartment yet, go to the right column of the website, click on "average rents in Manhattan". Another great way is to do your own research on nytimes.com. I find that nytimes.com rental listings are much more accurate and up to date, as opposed to Craigslist and other sites where there are tons of bait & switch scams.
Next, determine what you can afford, landlord's make this part easy because to qualify for most apartments in the Big Apple, you need to have a good credit standing (650 or above), earn a yearly household income of 40-50 times your monthly rent and if you don't, then you need a guarantor. He or she needs to earn 80-100 times the monthly rent. For example the average one bedroom apartment in East Village is about $2,300 -$2,600 per month; you will need annual household income of $92,000 to qualify and a guarantor, would need a yearly income of $184,000 minimum.
Step 4: Timing Is EVERYTHING
I have a good friend whose ex-wife worked as a real estate agent for eight years. When they were still together, I had the unique opportunity of getting some great tips on how to look for an apartment in New York. The most impacting tip she gave me was that timing is everything. New York is unlike any city in the country when it comes to this, in most cities you generally start your apartment search two or sometimes three months before your move out date. In New York the market moves so fast that most landlords want to sign leases immediately after your application is accepted. At the very most, you have a month to search, the best deals generally come out the first week of the month or the third week of the month. Approximately 70% of the listings in the first week of the month are for movers moving on the 15th, 30% are meant for movers moving at the beginning of the next month.
Make sure you secure an apartment at least 1 1/2 week prior to when you want keys! My advice is you only need 5 days (sometimes less) to find an apartment. The first 2 days should be getting to know what's out there, the 3rd and 4th day should be narrowing down your search and 5th day should be getting your paperwork together & submitting your application. With every rule there are exceptions, if you find an amazing place that is 95% ideal on your 3rd or 2nd day do not hesitate, take it! What is great to you is more then likely great to most apartment hunters. The vacancy rate in Manhattan is usually around 1-2% so there will be always more people looking for apartments then there are availabilities.
Step 5: Determine What Strategy You Will Use To Find Your "New Home"
This decision can make or break you depending on your situation. There are two ways to go about finding an apartment in New York City, you can do it the easy/expensive way and hire a broker to find you a place or you can do it the hard/affordable way by doing it yourself. I personally have done it both ways and it all depends on what you are looking for and what is your situation. Here are the benefits of both methods:
Benefits of doing it yourself
1) You will save MONEY!!!
-Broker fees are expensive; they range from 1-month rent to 15% of the annual rent. If the broker has an exclusive on the listing, you will likely have to pay 15%
2) You avoid shady money hungry brokers
-Lets face it in every industry there are bad apples and the real estate industry is no exception.
3) You will learn the City
-With all the walking you will be doing you will get to know the city better then you ever have before.
4) You'll be in better shape when your done
-You will be in better cardiovascular shape because you will be walking a ton! So you better have on some comfortable sneakers.
Benefits of using a Broker
1) Faster and more efficient
-Your apartment search will be less time consuming and more efficient because brokers have access to thousands of listings you will never have access to and can show you a bunch in one shot.
2) Avoid outdated listings
-Websites like Craigslist, Renthop.com & Apartments.com are flawed and poorly regulated and most of their listings are barely updated. Brokers listings are updated daily because they have direct contact with the landlord
3) Brokers know what a landlord wants
-Each landlord in the city has their own preferences and application requirements. Brokers know what each landlord is looking for in a tenant; this can save you time, heartache and expensive application fees.
4) You will have access to more Apartments
-Approximately 41% of available listings in New York are only accessible through brokers. These types of listings are called "broker protected listings", the land lord will only take applications represented by a broker.
Step 6: Here Are Some Great Tips
1) Talk to a Doorman
-If you do decide to try doing it yourself talking to doormen is a great way to find an apartment. Doormen not only have info to the building they are working in but to other buildings the landlord may own.
2) More is not always better
-If you do decide to use a broker, more than one broker at a time is not always better. Brokers have almost all the same listings because most listing are open. For example if you call ten brokers and give them your detailed description of what you are looking for there is a distinct possibility you will be shown the same apartments. At the same time you should not limit yourself and work with one broker, you might be missing out, because some brokers have exclusive listings. My advice is, you should only use three brokers and if you find one that you feel is competent and trustworthy, stick with him/her.
3) Use NakedApartments.com
-This website gives you the ability to not only look for rental listings while discreetly contacting brokers/landlords but you can give them a review if you had a bad or good experience. You can also look at the reviews of other brokers or landlords before you decide to contact them.
4) Don't be afraid to negotiate a broker fee
-Most brokers would rather negotiate and get the deal done then risk having the next broker showing the apartment and rent it before him/her. Do not get carried away, no broker will take less then a month. Remember if the apartment is an exclusive listing you will have no leverage for negotiations.
Article Source: https://EzineArticles.com/expert/Cody_Morris/858051
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Mom's Advice for Finding New York City Apartments, Homes & Rentals
By Sarah Lamansky
Looking for New York City apartments, homes for sale in Manhattan, or chic condos located on a tree lined street in Brooklyn? Finding real estate or Manhattan apartments that are perfectly equipped with the right schools, an enticing neighborhood, and mortgage rates to suit your budget can be a challenging task. Make sure you ask the right questions and view the appropriate real estate websites when embarking on a life changing move. If you stumble upon sites that have customizable searches (not just search by bedroom or number of baths), make sure you find exactly what you are looking for. Relocate to New York City - Get out there and find your perfect piece of real estate!
Search Manhattan real estate based on price, region and number of rooms - interact with people who actually live in the area that you plan to relocate to! Share your thoughts, ask questions or simply search the web independently to find information on mortgage rates, specific pricing trends and award winning schools.
Staying up-to-date and current about the renting and buying process in Manhattan is crucial. Find upcoming listings or new developments in mortgage rates in Manhattan, Brooklyn, Queens, Bronx and Staten Island. Get the inside edge on a building or a topic by getting involved in online chat sessions, online real estate communities or simply just ask family and friends. Chances are, by meeting real people and discussing pertinent issues in your community - that's the best way to determine if the area you want to move to is right for you. Make your transition to New York City easy and do your homework before packing up and making the move.
Finding Manhattan apartments may be tricky for those who may not be web savvy. Researching a reputable realtor is always important. Word of mouth is the best advertising - make sure you go with people you trust in the real estate marketing world. Whether you are looking for a house for your growing family, or a studio apartment in Manhattan, it is important to map out your ideas first prior to delving into the real estate market. Have your dream house planned out - right down to the amount of money you want to spend. Get pre-qualified and make sure your credit is sufficient.
Have you already decided on an area in New York City that you'd like to buy or rent? Search for open houses in your desired area and go on those open houses! Even if the house isn't quite in your budget, go see it anyways. You can at least get fun decorating tips and ideas. Find unique homes, trendy lofts, rentals and multi-family residences in any type of neighborhood imaginable! Manhattan apartments, including lofts, co-ops and condos are right at your fingertips. Browse listings in the newspaper, online or get your facts from "word of mouth". Move to New York City and see what all the talk is about!
What's the bottom line? Trust your instincts, get educated, do your research and have fun!
� 2008, Sarah Lamansky. This article is provided courtesy of Street Easy - Find New York City Apartments For Sale & Manhattan Real Estate To Own At Street Easy.
This article may be freely published on any website, as long as the website address and link are left intact.
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