Need Help Managing a Condo?

Each option comes with its own challenges. Traditional property managers are primarily geared toward handling large multi-unit buildings and often lack the brokerage expertise needed to secure top-dollar rents. On the other hand, self-managing can quickly become overwhelming, with the constant juggle of lease renewals, rent collection, and maintenance issues.

Services

Rental Analysis

• CMA Analysis to guide unit pricing
• Rental income calculator to establish net income

Leasing & Marketing

• Professional photography, 3D virtual tours, walkthrough video, custom floorplans, etc.
• Advertising on all major platforms & channels (e.g., RLS, StreetEasy, Company Website, Broker Email Blast - 15K+ subscribers)
• Tenant background checks
• Compliance with NYC and NYS housing codes with an up-to-date REBNY lease agreement
• Lease renewal notices & signing (Annual)

Turnover/Renovation Work

• Vendor/Contractor Management - Insurance, GCs, etc.
• Oversee renovation and cleaning
• Conduct unit walkthrough to determine condition and identify necessary work

Financial Administration

• Preparation of financial statements (Quarterly & Annual)
• 1099 for tax purposes (Annual)
• Collection of rent (Monthly)
• Collection, management, and disbursement of security deposits, which are to be held in an escrow account
• Distribution of owner draws (Monthly)