5 Factors to Consider When Apartment Hunting in NYC

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Whether you’re planning to relocate to New York City (NYC) over the next couple of weeks or you’ve been living there for years and you’re simply looking for a new place to live, this is a good article to check out.

Being that NYC is full of so much opportunity, it’s no surprise that literally millions of people live there. This means that there are a lot of apartments around. This also means that the process of looking for the perfect one can sometimes be a bit overwhelming.

So if you’d like a few tips on factors that you should consider before you officially begin your apartment hunting search, this article will help to point you in the right direction.

Consider what you’re looking for. Sometimes the search for an apartment can be stressful simply because you go out looking without being really clear about what you’re looking for. So, before doing anything else, stop and think about the part of New York that you want to live in; what you would prefer to have close access to within the neighborhood (such as stores and restaurants); the amount of square footage you would like; the kind of landlord you’d like to have and the types of amenities that you want the apartment to include. That way, you can remain focused as you’re considering all of your options.

Consider your budget. Honestly, the second point could just as easily be the first one. You definitely don’t want to find the perfect apartment, only to realize that it’s way over your budget. Remember, New York real estate can get to be pretty pricey. It’s important to think about how much you can realistically afford to pay in rent as well as your utilities (especially during the summer and winter seasons when energy expenses tend to increase) beforehand.

Consider all of your resources. There used to be a time when, if you were looking for an apartment, you basically had to rely on the residential real estate listings in the Sunday newspaper. Now, thanks to the internet, you can find all kinds of websites that can provide you with literally dozens of listings at once. Aside from Craigslist, some great ones include Hotpads, For Rent, Rent Jungle, Apartments, and My New Place.

Consider getting a roommate. Say that as you’re searching, you happen upon the Urbana Properties New York luxury apartments at 200 Central Park South and you really like the space, only you know that Central Park rentals tend to be really expensive. As you’re in the process of apartment hunting, something else that you might want to consider doing is looking for a roommate. Remember, a reliable roommate means that you can get a great apartment, but you’ll only have to pay half of the expenses.

Consider your lease. One mistake that a lot of people make once they find the right apartment is signing the lease without reading it over first. Being that a lease is a contract, you need to know when your rent is due, what the penalties are for paying late, and what are considered to be grounds for eviction. If you would like to see a copy of a standard lease, visit RentalLeaseAgreement.org.

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