|New York Licensed Real Estate Salesperson|
|NYC Rental Approval Information|
The application process for each apartment is different. However there are some basic requirements. The information below will prepare you for most situations.
Three important tips for NYC apartment hunting:
Most applications for students and new employee's require the following:
If you are newly or not employed you will need a guarantor. Most NYC landlords only accept "Tri-State Guarantors" (New York, New Jersey, Connecticut). However some landlords will accept guarantors from other parts of the US. No NYC landlords will accept guarantors from outside of the US. There are minimum income requirements for guarantors and it varies for each apartment. Contact me for more specific information. The guarantor will need to verify income and, sign and notarize a guarantor agreement.
Guarantor Income Verification - The landlord's we work with will require copies of the first 2 pages of the most recently filed tax return to verify the guarantor's income.
Credit Check/Processing Fee - Good credit is required, not an advantage: explanations for minor deviations will most probably be accepted. You will have to pay for the processing fee, we currently charge $75.00 per person. Anyone on the lease or living in the apartment will need their credit checked as well as guarantors.
Deposit - To take an apartment off the market you will need to give a $300.00 cash deposit plus applicable processing fees. You will receive a receipt for the deposit. The balance of the deposit will be deducted from the broker's fee or rent. The balance of the deposit will be refunded if you are not approved by the landlord.
ID - US Government issued photo identification for anyone on the lease. Contact me for exceptions.
No Guarantor - If you do not have a Tri-State or US guarantor prepayment of rent or extra security is another option available to you. Contact me for more information.
Leases - Some listings may be available for periods of less than one year. Contact me for more information.
Living in New York City
One Bed Apartments
2 & 3 Bed Apartments
New Construction Sales
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