Renters
Information For NYC Renters
| Q. | What will I be asked to provide? | |
| A. |
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| Q. | What are the income requirements to rent an apartment? |
| A. | To rent an apartment in New York, most landlords require that you earn a minimum of forty times the rent and have at least one year on your current job. If you do not earn forty times the rent, often landlords will require a guarantor. A guarantor is an individual who is willing to co-sign your lease. Guarantor requirements vary from owner to owner, however, typically most owners prefer a guarantor within the tri-state area, earning in excess of seventy times the rent. |
| Q. | What is the average financing necessary to rent a typical apartment? |
| A. |  One month rent Security deposit (typically, the equivalent of one month rent) $20 per applicant for credit check Broker’s fee: Please note that we have many, many “no fee” apartments and many, many exclusives where the customary broker’s fee of 15% of annual rent does not apply. |
| Q. | What are the typical lease periods for an apartment? |
| A. | On the average, most rental leases are either a one or two year lease. |
| Q. | Are pets allowed? |
| A. | Although some owners will accept cats and dogs, most do not (if you have a pet, please disclose this to your real estate agent). |
| Q. | How do I secure an apartment once I decide I want it? |
| A. | You will need to give your rental agent a deposit and provide us with the requirements listed above. |
| If you have more questions, please send an e-mail to mainmail@princenycapartments.com | |
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Contact Us
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71 East 77th Street New York,
NY 10075 - 212-999-4888
- 212-999-4880
- mainmail@princenycapartments.com
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