WELCOME TO NEW YORK CITY

Moving to a new apartment or city is exciting. To assist you on y our journey we have created a list of steps to take.

The following tips will expedite the search and provide clarity in the qualification process.

Starting the Search Process

• What size apartment do you need and the number of bathrooms required?
• Identify and select your preferred neighborhoods
• Select type of property you desire: Walk-Up, Elevator Building or Doorman/Concierge
• Decide on which building amenities if any are a priority on your list: Elevator, Laundry, health club etc.
• Decide on which apartment amenities if any are a priority on your list: Washer/Dryer, Dishwasher etc.
• Do you have pets or do you plan to get any in the future?
• Decide on what price apartment you can comfortably afford and qualify for on your own or with a guarantor
• What is your desired move in date? Is it flexible?
• Do you have all the paperwork required to qualify and submit the application?

Generally New York City Landlord Require the following information from renters:

Applicant Guidelines

• Renters are generally required to show annual income of 40X to 45X the rent
• Completed application from all of the applicants and all application fees and/or credit check fees
• Some landlords may require a deposit to take the apartment off the market
• Government issued I.D such as a copy of a Driver’s License or Passport
• Employment Letter on company letterhead stating position, salary and length of employment
• Copies of most recent pay stubs
• Tax returns and W-2 from the past 2 to 3 years
• 3 recent bank statements
• All required documents must be provided to landlord within 24 to 48 hours after an application has been submitted
• Letter from current landlord preferably on company letter head stating your lease term, rent amount and payment history to landlord
• All submitted payments should be in Certified Bank checks
• If self-employed a letter from a CPA is required on company letterhead establishing your ownership of the company, length of time of company’s existence, estimated salary for present year, salary of previous two years.
• If you have a pet a pet fee may apply

Guarantor Guidelines

• Guarantors are generally required to show annual income of 75X to 90X the rent
• Completed application from all of the applicants and all application fees and/or credit check fees
• Some landlords may require a deposit to take the apartment off the market
• Government issued I.D such as a copy of a Driver’s License or Passport
• Employment Letter on company letterhead stating position, salary and length of employment
• Copies of most recent pay stubs
• Tax returns and W-2 from the past 2 to 3 years
• 3 recent bank statements
• All required documents must be provided to landlord within 24 to 48 hours after an application has been submitted
• Letter from current landlord preferably on company letter head stating your lease term, rent amount and payment history to landlord
• All submitted payments should be in Certified Bank checks
• If self-employed a letter from a CPA is required on company letterhead establishing your ownership of the company, length of time of company’s existence, estimated salary for present year, salary of previous two years.
• If you have a pet a pet fee may apply