For the seller
For the buyer
For the apartment renter
For the landlord
FOR THE SELLER
Comprehensive Manhattan Real Estate Exposure:
Exposure is what sells real estate in New York City. The more buyers who see your real estate in Manhattan, the faster you will make the sale and at a top price. With exposure to New York City real estate agents and real estate brokers in Manhattan, and the ability to send your NYC and Manhattan real estate listing to every possible media, you will find a buyer more quickly. Coast to Coast Real Estate offers the seller wide exposure of Manhattan real estate and other real estate in New York by:
1. Sharing the Manhattan Real Estate listing.
Most other New York City real estate agents, real estate brokers in Manhattan, and other real estate companies hold back their listings for a period of time to avoid sharing their commission. At Coast To Coast Real Estate we are not afraid to co-broke. From day one we share your listing with thousands of New York City real estate agents and real estate brokers in Manhattan. An exclusive with Coast to Coast means no potential buyer is excluded. We guarantee you our best effort for an immediate sale.
2. Internet advertising for real estate in Manhattan.
Studies show that 80% of home buyers look on-line when searching for a new home in New York City. Coast to Coast will advertise your New York City property on our own proprietary websites as well as on a variety of web sites and through search engine accessibility. We receive a huge number of “hits” per month for our real estate in New York and Manhattan real estate. We write the ad copy, take photographs and arrange virtual tours to help illustrate your property when helpful.
3. Newspaper advertising for Real Estate in New York City
Coast to Coast will place ads for real estate in New York City in the Sunday New York Times and any other appropriate publications and we will conduct Open House showings for you.
4. Schedule appointments with our New York City Real Estate Agents.
Coast to Coast will schedule all appointments with potential buyers and will conduct all showings of your New York real estate property.
MARKET ANALYSIS
Coast to Coast will perform an ongoing comparative market analysis to determine the optimum pricing strategy for you Manhattan real estate. Comparable sales, comparable offerings and general market conditions New York City real estate market will be taken into account.
OTHER SERVICES TO YOU, THE SELLER
1. Development of all advertising and promotional material.
2. Board package completion and presentation.
3. Negotiation assistance and consultation.
4. Closing attorney referral.
WE WILL GET THE PROPERTY SOLD IN THE SHORTEST AMOUNT OF TIME, AT THE BEST PRICE.
FOR THE BUYER
We will assist our buyer/customers in all aspects of the search and closing aspects of acquiring a property in New York. The Coast to Coast agent will leave no stone unturned, considering both exclusive and co-brokered listings. Our goal is to present to our buyer/customers a wide range of potential properties so that an informed choice may be made.
In addition to tracking down and showing of available properties our dedicated service includes advice and consultation in the following areas:
Whether to buy COOP or CONDO.
Budget evaluation.
Building financials.
Attorney referrals.
Mortgage Broker referrals.
Infrastructure analysis of potential neighborhoods.
Negotiation of the deal including price, conditions, improvements, etc.
Terms of Sales Contract.
Board package preparation, completion and submission.
Board interview preparation.
Coordination and follow up of all parties to the transaction.
Setting of closing date and venue.
WE ARE COMMITTED TO GET YOUR IDEAL PROPERTY AT THE BEST PRICE IN THE FASTEST TIME PERIOD.
FOR THE APARTMENT RENTER
THE SEARCH FOR THE PERFECT NYC APARTMENTS:
Finding the best deals in New York can be overwhelming. Coast to Coast will find you the best apartments at the best price ultimately. From No Fee apartments in NYC to a $40,000/month Penthouse apartment for rent in Manhattan, we have it all. Our goal is to present you with all the best options available in NYC apartment rentals, then let you decide on the best NYC apartment for you.
NO FEE APARTMENTS IN NYC:
Many of our landlords pay us the broker commission. Therefore, we are able to offer our NYC apartment rental services to you on a NO FEE basis. If you would like exposure to fee based apartments (from 1/2 month to 15% of annual rent) that might make sense to you, we will assist in this area as well. The choice of NYC apartment rentals and Manhattan apartments is yours.
NYC APARTMENT SEARCH FOR ALL BUDGETS
Coast to Coast will find apartments for all budgets and sizes of NYC apartments, from tiny studios for rent to entire townhouse rentals, from Bohemian hovels to top of the line luxury palaces. Conduct your NYC apartment search with us and you will find options that you didn't know you had. The options we offer are virtually endless for Manhattan apartments and NYC apartment rentals.
NEIGHBORHOODS FOR NYC APARTMENTS:
While we specialize in Manhattan apartments, we can also offer NYC apartment rentals in Queens, Brooklyn, and Long Island also. Whether it's a loft in Tribeca or a penthouse on the Westside, we offer many alternatives of NYC apartments.
NYC APARTMENT SEARCH AND LISTINGS:
We do not turn away clients with bad credit, diplomats, new hires, relos from other countries, or other clients who may have a hard time qualifying for an apartment. We will work tirelessly to find the right landlord and to offer as many options as possible.
NYC APT RENTAL CLIENTS WITH DIFFICULT SITUATIONS:
We do not turn away clients with bad credit, diplomats, new hires, relos from other countries, or other clients who may have a hard time qualifying for an apartment. We will work tirelessly to find the right landlord and to offer as many options as possible.
NYC APARTMENT RENTAL AGENTS:
Getting a NYC apartment is not just about apartment listings, facts, figures, square footage etc. The discovery process is not limited to what’s out there on the street. Sometimes that discovery process takes place internally, somewhere within the apartment hunter. Everyone starts their search with certain criteria in mind, only to find those variables change as unforeseen choices are presented by their broker. A new picture develops in the mind of the apartment hunter as to what is wanted and needed and what is possible. A good broker will have the knowledge and patience to lead his client through this discovery process. Coast to Coast is the best in New York at this advisory role of presenting you the full range of opportunities available at the time of your search. The market is constantly changing and it is our job to keep you informed of all the latest developments. This will enable you to be in a better position to make a fully informed decision and you will be more likely to arrive at the best alternative.
LAND LORD RENTALS
Many landlords in New York, large and small, have found renting through Coast to Coast to be an absolutely terrific and efficient. Our high level of integrity and attention to detail ensure a smooth qualification process of prospective tenants. Our reputation among the landlord community of New York is strong and we are happy to provide many references to any landlord considering Coast to Coast Real Estate.
OUR CLIENTS
Our close contacts with Developers and Real Estate Managers as well as our comprehensive internet marketing strategy ensures us a steady stream of top notch rental candidates throughout the year. Many of our tenant prospects are over qualified for the apartments that they rent.
Through our proprietary website, we have successfully targeted the corporate relocation market of apartment seekers. Our clients come from the right demographic: they shop on the internet, they are in the middle to high income bracket and they have excellent credit ratings. Just the sort of person a landlord is looking for.
EXPOSURE
We offer wide exposure for landlords with rental vacancies through a multi-pronged marketing approach taking advantage of synergies created by combining traditional advertising with cutting edge web techniques. Coast to Coast advertises extensively in various print media as well as through websites such as the NYTIMES.COM. We also advertise through various websites and through the New York sections of various national real estate websites. The result is that the phones never stop ringing, Coast to Coast is never sitting still.
OUR COMPANY
Our company operates extremely efficiently handling calls and locating apartments. We show a preference to our listing landlords and maintain high standards of integrity and efficiency at all times. Have Coast to Coast work on your vacancies. We will get them filled quickly and with great tenants before the end of the month.
USEFUL NUMBERS
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Electrical/Steam
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683-0862
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Better Housing
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533-6200
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Gas Leaks |
683-8830
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Cable TV |
788-6540
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Heat Complaints |
960-4800
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Consumer
Complaints
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487-4398
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Rent Stab.
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718-739-640
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Settling
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Verizon |
890-2350 |
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NYC & State |
718-935-6000 |
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ConEd |
800-752-6633 |
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Federal |
800-829-1040 |
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Manhattan Cable
TV |
598-7364 |
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Driver's License |
645-5550 |
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Renter's
Insurance |
716-675-8100
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Buses and
Subways |
718-330-1234 |
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Cort Furniture
Rental |
867-2800 |
All Emergency
Locksmith
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800-757-9647
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Locksmith |
917-747-5700 |
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Voter
Registration |
886-3800 |
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Public School
Info. |
718-935-2000 |
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Library
Cards/Hours |
930-0800 |
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Postal Info. |
967-8585 |
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American Express |
800-528-4800 |
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VISA |
800-441-7681 |
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Veterinarian |
360-5820 |
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Parking
Violations |
477-4430
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Information |
411 |
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Towed Away Cars |
566-6014
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Repairs |
611 |
Highway
Emergencies
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566-3406
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Billing
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890-2100 |
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Annoyance Call |
890-6200 |
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Time |
976-1616
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Street
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Weather |
976-1212
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Potholes |
768-4653
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Streetlights |
566-2525
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Water and Sewer |
718-699-9811
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VARIOUS TYPES OF BUILDINGS
There are many different types of apartments in New York City and a lot of the terminology can be quite confusing to the newcomer. Apartments are initially categorized by the age of the building, either pre-war (World War II, that is) or post-war.
Pre-war Apartments:
Aficionados of the pre-war apartment go for the high ceilings, hardwood floors, crown moldings, arched doorways and other old world charms that one usually finds in this type of apartment. Those requesting a pre-war often refer to post-war apartments as "cookie-cutter" and lacking in "charm" and therefore insist on a pre-war apartment. Pre-war buildings tend to be of sturdy construction offering thick firewalls between apartments and therefore can be quieter than the dry walled apartments found in more modern buildings. Watch out for the creaky floors, though. You can sometimes hear every step of the neighbor above in a pre-war apartment.
Post-war Apartments:
For those who like new and modern, the pre-war just doesn't cut it. Many post-war buildings, especially those recent construction, offer amenities and finishings often sought after by many young tenants. What post-war buildings lack in "charm" can be made up for in perks: a health club, swimming pool, meeting/party room, modern appliances, etc.
The next way to break down New York City apartments is by service level, as in whether it is a doorman or a non-doorman building.
Doorman Buildings:
Usually, if there is building employee stationed at the door or in the lobby(doorman, concierge, etc), the building is referred to as a Doorman Building. Technically, there should be a uniformed attendant to open the door for residents and guests for the building to be designated a "doorman building" but these days the term is used loosely. If there is no one assisting you with the door but there is a building employee in the lobby at a desk (concierge) then the building is traditionally referred to as an "attended lobby building". If there is both a doorman and a concierge, the building is often designated a "full service building". Doorman buildings can also offer a part time doorman only.
Non-doorman Buildings:
Non-doorman buildings come in two varieties: elevator building and walk-up.
Elevator Buildings:
This is a building offering an elevator but no doorman or concierge service (almost all "doorman buildings" have elevators). Elevator buildings usually have voice intercoms for "buzzing" guests into the building from the street. Video intercoms are replacing the older voice systems in many elevator buildings. Some sort of laundry facility is offered in most elevator buildings (coin laundry in the basement, etc).
Walk-up Buildings:
Most walk-up buildings are five stories or fewer and are of the pre-war category. They usually offer the voice intercom system and do not have laundry facilities for tenants. Although most walk-ups are tenement buildings, however the upscale "townhouse" is also technically a walk-up.
The Townhouse:
Originally a single family dwelling of three to four stories, the townhouse offers amenities more associated with a house than an apartment, i.e. private backyard, large eat-in kitchen, private street entrance, etc. Many grand old townhouses retain their original details and old world charm not found even in many pre-war apartments. Some townhouses are referred to as "Brownstones".
The Brownstone:
The term "Brownstone" refers to the brown sandstone quarried in the Connecticut River Valley and on the shores of the Hackensack River and popularized in the 19th Century in townhouse construction. Many of the immigrant stonemasons of the time found the soft stone easy to work with and it enabled them to add design elements with relative ease and at low cost. The brownstone gives the “gingerbread house” look of many townhouses in New York. Brownstones will have a street entrance to the ground floor sometimes referred to as an "English basement” half a story below street level but ground level with the garden at the back of the house. The first floor or "parlor floor" can be accessed inside from the ground floor, or from the street via a grand staircase to what serves as the front door of the house. As in all townhouses, brownstones often offer plenty of unique and charming details.
In recent years many single family townhouses have been converted to multi-unit apartment buildings. A good conversion will preserve much of the original details and amenities of the original townhouse.
New York City apartment buildings can also be broken down into the following categories:
1. Rent-stabilized.
2. Non-stabilized.
3. Condominium.
4. Cooperative.
Rent-stabilized:
Rent stabilized apartments are subject to rent stabilization laws instituted to protect the tenant. When the lease is about to expire the tenant has the option to renew. The rental increase on the renewal is limited to the current limitation in effect at that time. A building can contain a mix of rent-stabilized and non-stabilized apartments.
Non-stabilized:
A non-stabilized apartment is not subject to rent regulations. Non-stabilized apartments are also known as "free market" apartments. Rental prices are set according to what the market will bear.
Condominium:
In a condominium each individual apartment unit is owned privately. All owners share common ownership of common areas such as the lobby, hallways, laundry room, etc. Renters will sublet the apartment from the individual owner. Application to the Board of Directors of the condominium for the rental is required but rarely is the application rejected.
Cooperative:
In a cooperative the building is owned by the corporation formed by the coop association. All apartment "owners" own shares in the corporation and are referred to as "proprietary lessees". In rare cases and subject to restriction the proprietary lessee is allowed to sublet his apartment. The tenant will be required to submit a lengthy application package to the Board of Directors for their approval of the sublet. The Board can turn down an applicant for no apparent reason and the applicant nor the proprietary lessee has grounds to successfully challenge the Board’s decision. Most Coop Boards discourage subletting of apartments in their buildings.
HOW TO RENT IN MANHATTAN
When to Start Looking For Manhattan Rentals
It is a good idea to begin your New York City apartment rental search four to six weeks before you actually want to move in to (or start paying rent ). Most landlords list their vacancies for a Manhattan apartment one month before the available for occupancy date. In the case of construction or uncooperative tenants, be prepared to see a "similar" unit in the building as an example of an available apartment. Many of our landlords will allow you to apply for a New York City apartment rental you have not actually seen, allowing you to get a jump on the competition. In this case you will not be required to sign a lease until after you have seen the actual New York City apartment rental or Manhattan apartment you are applying for.
How to Compete for Manhattan Rentals and Apartments in New York City
Competition for a New York City rental apartment or Manhattan rentals can be intense, especially for special apartments in New York City or a Manhattan apartment that is a really good deal. It is highly recommended that you be prepared to move as quickly as possible. Most landlords will not hold a New York City apartment rental without a complete application. If you submit half or three quarters of what is required for a NYC or Manhattan apartment and then scramble to get everything else together you stand a chance of loosing the apartment to someone else.
Housing laws in New York City favor the tenant. Therefore, landlords require a very thorough application process which at times can seem somewhat intrusive. Here is what you will need to prepare:
1. Money: Prepare to have the first month's rent and one to two months' security deposit available in a New York City bank. Some landlords expect rent and security in certified funds (refundable if you are turned down) at the time you make application. If you are from out of town, make arrangements to have your money immediately available. Ask your bank for wiring instructions if you think you will need to wire money from an out of town bank. You should also expect to pay some sort of processing fee, usually $50 to $100 per applicant.
2. Proof of Income: The landlord wants to know how you will pay the rent and he wants to see proof. Have ready the following:
-- Last two years' tax return.
-- Last two years' W-2 or equivalent.
-- Letter from your CPA if you are self-employed.
-- Letter of employment written on company letterhead and stating your salary, expected bonus, position, length of employment.
-- Last two pay stubs.
Most landlords require an annual income of at least 40 times the monthly rent. If your income is less than this multiple, in some cases you can offer extra security, prepaying of rent or a guarantor. For those individuals with lots of assets but a low paying job, the next item is very important.
3. Proof of Assets: The better a candidate can look on paper the more favorably he/she will be looked upon by the landlord. It is important to come prepared with the following documents:
-- All recent bank statements.
-- All trading accounts, stock portfolios, etc.
-- All statements regarding any other liquid assets, trust funds, etc.
-- Proof of ownership of any income property.
-- Letter from CPA stating expected yearly income and net worth (for self employed individuals).
4. Landlord Reference Letter: Ask your most recent landlord to write a brief letter stating that you have been a good tenant and that you have paid your rent on time. If you are a member of a Condo or Coop association, have them write a letter for you stating that you are a tenant and member in good standing.
5. Credit Report: Get a look at your credit report before you start the process to identify any potential problem areas. Sometimes things will appear on a credit report that do not belong there. You will be able to prepare an explanation before the landlord sees the problem. Inform Coast to Coast about anything on your credit report that you think might be a problem. There are steps we can take to help you in your application to the landlord. Even if you have a copy of your credit report, the landlord will most likely run their own credit report and/or a Housing Court report on you.
POTENTIAL PROBLEMS
1. No credit: If you are from outside the U.S. or very young, you may not have credit established. Some landlords may object to this. Speak to Coast to Coast about what steps may be taken.
2. No Social Security Number: Most landlords require tenants to have a Social Security Number. For those new to the U.S., it is a good idea to begin the application process for a Social Security Number as soon as possible.
3. Bad Housing Court Report: If a landlord runs a Housing Court Report on you and finds that you have had a conflict with a landlord in the past, this could be a problem. Even if you were in the right, some landlords will not be favorable to your application. If you have settled a conflict amicably with a previous landlord, have the landlord write a letter stating that fact.
4. No verifiable income: If you have no verifiable income, prepare to prepay rent, sometimes up to a year in advance. Not all landlords will go for this. Speak to Coast to Coast immediately if you have this special circumstance. We can work with you.
5. Diplomatic Immunity: Most landlords in New York City will not rent to individuals with diplomatic immunity. Some landlords will rent to diplomats. Speak to Coast to Coast immediately if you have this special circumstance. We can work with you.
Disclaimer:
All informaton furnished regarding the services and products this company offers and its descriptions regarding all business, properties for sale, rental, or financing from any of its sources are deemed reliable, but no warranty or representation is made regarding any guarantees. Every item is also subject to errors, ommissions, change of price, rental or other conditions, prior to sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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