Resources

 

Renter's Guide

 

Typical Questions Answered


How much is Hatuka Properties broker fee?
Hatuka Properties does not charge for information provided by the website nor do we charge for viewing of apartments or rental properties with through our Brokers/Agents or Showers. Clients pay a broker's fee ONLY if they rent a property through Hatuka Properties. If the property is a NO FEE apartment in which case you will not incur brokers fee.

  • Rental apartments: With a 1-2 year lease, Hatuka Properties usually charges 12.5%-15% of the annual rent.

 


When should a perspective renter begin an apartment or property rental search?
Potential renters should begin their search 3-4 weeks prior to an anticipated moving date. Apartments are not usually ready more than 4 weeks ahead of a lease starting date.

What are Rent Stabilized buildings and/or apartments?
Rent stabilized buildings and/or apartments are buildings whose rent is regulated by the City of New York and State of New York. Rent increases are usually 2-4% annually but changes yearly by the city. Once a renter secures a rent stabilized apartment, they have a right to renew a lease agreement indefinitely. A lot of brownstones, townhouses with more than 4 units and older tenement/elevator buildings in NYC fall into this category. These types of building are owned and operated by small to medium size landlords/management companies.


Why choose Hatuka Properties,  What sets it apart from all the others?

 

Prospective renters seek out Hatuka Properties service for 2 reasons:

 

First, our clients/Customers want to find the best deals coupled with the most value they can afford. They understand Hatuka Properties's brokers will save them considerable money in the long run. They understand that we offer a variety of services, covering all aspects of their property search. Our clients/Customers understand that even though they might be able to find 'No Fee' apartments, our Agents/brokers work extremely hard to negotiate the lowest possible monthly-rent payments. This amounts to long term savings that renters who don't use Hatuka Properties probably would not get.

Second, our clients want to save the time and energy that gets wasted when trying to find and close on a property in NYC's dynamic real estate market. The process can be very frustrating without much result. Our clients/Customers come to us in order to utilize the guidance, knowledge and experience of our Agents/brokers. Our management team brings over 10 years of NYC real estate excellence to the table. Our clients benefit by saving money, time and effort.


Is having a pet a problem?

Having a dog narrows the selection of properties down to 5% of what is currently available on the market. Cats tend not to be as much of a problem. Renters please tell your broker about pets to save time and money.


Besides rent stabilized buildings, what other types of apartment buildings are there in NYC?

There are rental buildings, co-ops, and condo buildings.

 

  • Rental buildings: Most with elevators, some are doorman buildings; Annual rent increases might be considerable, depending on market conditions. These buildings are managed by management companies or private landlords, Hatuka Properties have access to most of the rental listings in the New York City Area & Hatuka Properties are the exclusive brokers for many building in Queens.
  • Co-op and condo buildings: Usually full service buildings. Units are owned by individual owners.  The drawback is that new tenants might have to meet with the co-op or condo board. This process can take over a month and requires the applicant to undergo rigorous screening. (some co-ops do not allow lease renewals).