RENTAL GUIDE

Typical Questions Answered

Why choose HSK GROUP INC? What sets it apart from all the others?

Prospective renters seek out HSK GROUP INC Realty's service for 2 reasons:

First, our clients want to find the best deals coupled with the most value they can afford. They understand HSK GROUP INC'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 understand that even though they might be able to find 'No Fee' apartments, our brokers work extremely hard to negotiate the lowest possible monthly-rent payments. This amounts to long term savings that renters who don't use HSK GROUP INC 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 come to us in order to utilize the guidance, knowledge and experience of our licensed brokers. Our management team brings over 15 years of combined NYC real estate excellence to the table. Our clients benefit by saving money, time and effort.

How much is HSK GROUP INC's broker fee?

At HSK GROUP most of our apartments are NO FEE, In very rare cases if we must charge a broker fee we will advertise it as a FEE apartment. When its a fee apartment the fee will usually range from 12%-15%.

When should a perspective renter begin an apartment or property rental search?
Potential renters should begin their search 4-6 weeks prior to an anticipated moving date. Apartments are not usually ready more than 6 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 only about 2-4% annually. 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.



What does 'No Fee' mean?
A lot of the apartments prospective renters see listed as 'No Fee' via the internet or advertised in newspapers actually use a flat fee agency. Prospective renters cannot get information about these properties without first paying a flat fee to these agencies. The fee is supposed to give the renter access to the agency's database. Fees can range from $50-$250, even though these agencies are not legally allowed to charge more than $15 for their services. Very few agency subscribers rent their apartments this way. A lot these agencies provide almost no support service to clients. They have little or no staff and they operate basically as internet-information agencies. Therefore they cannot possibly provide the expertise of a licensed broker. Be wary of information obtained in this manner as the information tends to be unreliable and outdated.
How can I find a "No Fee" apartment?

Well you're in luck as most of the HSK GROUP'S listings are no fee so, stick around a little longer and email us what you're looking for and we will do everything we can to get you that dream space. 

Most of our listings are pet freindly, in case you do have a pet make sure to notify the agent that your working with to make sure we can have a special place for your loved one.

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

• Rental buildings: Usually full service, modern, doorman buildings; rents are generally high but are at market level. Annual rent increases might be considerable, depending on market conditions. These buildings are managed by big corporations trying to maximize profit. HSK GROUP INC has access to these listings as well as more affordable more economically priced rental properties. We have access to most of the rental listings in the New York City Area.
• Co-op and condo buildings: These are also usually full service buildings. Units are owned by individual owners who are not very familiar with market conditions. It possible to get good deals in co-ops or a condo building. 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. Many co-ops do not allow lease renewals. This means more apartment hunting after the first term of your lease. HSK GROUP INC is selective about co-op buildings because of the inflexibility and arbitrary rules.