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Posts Tagged ‘Apartment Rental’

Knowing the Ins and Outs of NYC Real Estate

Monday, April 26th, 2010

Living in New York City can be drastically different from other areas in the US. Prices of NYC real estate can differ quite a bit from various areas within the US. As an example, if you were interested in living in Upper West Side, the rates of real estate can be on the steeper side. However, if you look at similar apartment sales NYC in West End, the prices would be much lower. It all depends on the location within NYC and your budget or preferences. If you are feeling rich and have the money at hand, there are plenty of high end areas within like Upper East Side and the Midtown West and Hell’s Kitchen areas, which can fulfill your expectations.

As per the recent report from a leading organization in the NYC real estate segment, housing prices have started doubling over the past decade within the Lower Manhattan and Battery Park City areas. Consider this fact. Just ten years back average prices of houses were around 710000 USD but now the same house would cost as much as 1.4 million USD. However, the recent statistics also show that apartment sales NYC have been increasing because of a drop of 12% during the past year.

While prices in the NYC real estate have been seeing upwards as well as downward trends, the good thing about all of this is that you can easily hire professional real estate brokers to help you out. If you want apartment rentals NYC these agents can help you get access to just the kind of place you are looking for. While people all across the US have started looking for apartment rentals Chelsea as well as other areas such as Fort Greene and Clinton Hill it is the NYC real estate agents who perfect the art of finding the best suited apartments as per individual customer needs. Most people who want to get apartment rentals NYC will need to pay something called finder’s fee. However, on the whole, apartment rentals NYC prices have been dropping with home rates.

Looking For A New York Apartment Rental

Tuesday, October 20th, 2009

Renting an apartment in New York is a full time activity for many people, there are factors beside money that has to be put into the equation; there are apartment buildings that do not permit pets or who cater to a particular type of renter, i.e., corporate apartments or professional apartments.There are ways to find an apartment rental without spending money to a middleman, such as a real estate broker or apartment rental service. You can use a variety of these methods together or on their own, the bottom line is getting the apartment you want, for the rent you want to pay, in the area where you want to live.

If money is a prime consideration when you are looking for an apartment, then steer clear of brokers, apartment rental services or any other paid service. Instead, you can go online and visit craigslist.org and find multiple listings for all types of apartments, usually the rental fees for these apartments are well below the apartments that are listed in the classified section of newspapers.

The classified sections of the major newspapers are full of apartment listings, but most of them are advertisements placed by a real estate broker or apartment rental service. Hint: look for the ads that say for rent by owner or no agency calls, which means you will be dealing directly with the landlord.
There are several apartment rental services that do not charge you a fee; they are paid by the apartment owner. Be careful here, there are too many horror stories from apartment seekers being mistreated by unlicensed individuals posing as business agents for non-existent apartments.

Another good way to find an apartment rental is to visit the neighborhood where you want to live and tour the area. This is a great activity for a weekend; you can get a sense of the atmosphere and find the neighborhood newspapers which usually have an apartment for rent section. If you absolutely must use a real estate broker, choose one that has an office in the area where you want to live. A note of caution is required dealing with brokers, New York City has several laws that apply to housing, make sure to be prepared for your appointment at the brokers office.

 
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