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Old 05-20-2014, 01:14 PM
 
61 posts, read 63,845 times
Reputation: 24

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so I just moved from england.

looking for an apt. in Bay Ridge

I am using:

Craigslist
padmapper
street easy
trulia

I have seen 14 places so far. Most are asking for 1 month broker fee. Most want 1 month security. But some are giving me random values like 600 bucks or 1000 bucks.

How can I tell if the agent is legit? some guys dont have business cards..

Not sure who to believe..Or am I just being paranoid?

I am looking for spots around 86th subway.

Average for 1bdr seems to be around 1300 to 1400. Closer to Shore road is pushing 1500 to 1600.

Input appreciated,
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Old 05-20-2014, 01:35 PM
 
891 posts, read 970,869 times
Reputation: 281
Over here you pay sometimes one month rent as security deposit, or sometimes a simple amount like $500 or $1000. If you don't have credit here, you may have to pay between 6 and 12 months in advance. Maybe you should talk to one of the guys at Bapple in SoHo, they're quite good but charge 15% brokers commission.
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Old 05-20-2014, 04:14 PM
 
Location: NYC
501 posts, read 673,475 times
Reputation: 374
Many times you're paying 3 months worth of rent at once. It can be a 1 mo broker fee + 1 mo security + first mo rent.
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Old 05-20-2014, 04:15 PM
 
Location: NYC
2,806 posts, read 3,044,068 times
Reputation: 4790
Quote:
Originally Posted by Blitz2014 View Post
I have seen 14 places so far. Most are asking for 1 month broker fee. Most want 1 month security. But some are giving me random values like 600 bucks or 1000 bucks.
I have used brokers 3 times and the amounts you quoted are typical. However, it does not guarantee a specific broker isn't scamming you (by offering you a place that doesn't exist and keeping your money.) The amount itself doesn't raise a red flag.
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Old 05-20-2014, 05:00 PM
 
5,253 posts, read 5,179,252 times
Reputation: 6257
Quote:
Originally Posted by Blitz2014 View Post
so I just moved from england.

looking for an apt. in Bay Ridge

I am using:

Craigslist
padmapper
street easy
trulia

I have seen 14 places so far. Most are asking for 1 month broker fee. Most want 1 month security. But some are giving me random values like 600 bucks or 1000 bucks.

How can I tell if the agent is legit? some guys dont have business cards..

Not sure who to believe..Or am I just being paranoid?

I am looking for spots around 86th subway.

Average for 1bdr seems to be around 1300 to 1400. Closer to Shore road is pushing 1500 to 1600.

Input appreciated,

Your averages seem appropriate---though you can find apartments for more or less, that's about right.

Expect to pay a broker's fee and one month (at least) of rent and security. Go with something that actually seems legit and that has a contract. (Someone who is subletting might not have a business card.)

BTW-If you're looking to stay near 86th, stay off of 86th itself as well as the main avenues around there (3rd/4th/5th) if you want some quiet. Though it's not too noisy/busy at night.
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Old 05-21-2014, 12:11 PM
 
Location: Brooklyn
746 posts, read 561,850 times
Reputation: 958
Let me just say...fine choice of neighborhood. You'll love Bay Ridge.
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