NYC apartments – Important checklist before you rent

If you are interested in renting an apartment in New York City, it is important for you to know what to expect from NYC apartments.

If you are renting NYC apartments for the first time, you simply must carry out in-depth research of the rental scene in NYC. Knowledge is important because NYC is fraught with so many situations that occur ‘only in New York’.

NYC apartments are generally one of the following three types: all rental apartments, co-op buildings and condos. Each of these types has benefits and disadvantages. Make sure that you know what you’re getting into before you rent an apartment. Here is a helpful checklist that you must go through while finalizing your NYC apartments.

• Find out if the rental is in line with the going rates in nearby areas. You must observe current trends to ensure this. If you are new to renting NYC apartments, it is better to make use of the services of a friend or a reputed real estate company.

• Before finalizing terms, find out if the apartment is clean and freshly painted. If a renovation is promised, find out what exactly will be done.

• Look out for signs of rodents or cockroaches.

• Check out whether the appliances and the hardware within the home are in working condition.

• Check out whether there are sufficient numbers of electrical outlets.

• Find out how much storage space the house allows.

• Make enquiries about parking space in case you need it.

• If you own pets, find out the apartment’s policies regarding pets. Some NYC apartments have strict regulations regarding pets.

• Find out if the apartment is maintained well. The best way to know this is to ask a resident about maintenance problems in the building.

Generally, NYC apartments arranged through real estate brokers have tough terms. In addition to stipulations by landlords, you also have to bear the cost of the broker’s fee.

One of the best ways to avoid broker’s fee when renting an apartment in NYC, and getting good returns for your money is to take advantage of the services of a real estate company that is into the business of acquiring, redeveloping and managing real estate in NYC. Such companies have a large number of apartments at their disposal. Therefore, customers may be sure of renting an apartment that lives up to their needs. Such companies also have experts who help with financing, leasing and managing property. Thus, the entire process of renting apartments in NYC becomes much easier.