Property Management
in New York City, NY

Top 21 Property Management Companies

Companies who earn the iPropertyManagement seal of approval have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

New York

License #: 10991214319

XL Real Property Management

#1 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 6 Reviews Show all

212-203-8684
555 Madison Ave, New York, NY 10022
Areas Served New York
1-10 employees BBB: N/A
Since 2012
Residential
Commercial
Hoa
  • Manages luxury condominiums and co-op apartments for absentee owners and owners of pied-à-terre properties.
  • Their standard management fee is 5% of gross rental income.
  • Prepares customized lease documents and processes lease renewals for free-market and rent-stabilized properties.
  • Provides board application assistance for new tenants and lease renewals.
  • Their turnover services include a pre-move-out inspection, post-move-out inspection, security deposit return and repair coordination.
  • Conducts routine property inspections, including safety inspections on boiler, elevator and life safety systems.
  • Arranges property maintenance and repairs, including 24/7 emergency maintenance services.
  • Their financial services include monthly and year-end accounting reports, and expense payment.
  • Their CPAs offer U.S. tax filing at a discounted rate to clients. They will also work with an accountant of the client’s choice for tax filing.
  • Assists owners in obtaining adequate insurance coverage for their property.
  • Oversees minor and major property renovations.
  • Attends annual unit owner meetings.
  • Tracks inventory for furnished apartments.
  • Offers in-house legal counsel at a discounted rate.
  • Completes paperwork required by New York City, including DHCR filings and HPD registrations.

License #: ?

R.E.M. Residential

#2 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 83 Reviews Show all

212-260-8060
36 W 37th St, New York, NY 10018
Areas Served New York
51-200 employees BBB: N/A
Since 2013
Residential
Commercial
Hoa
  • Specializes in single-unit management, multi-family properties, condominiums, co-ops, retail properties and international real estate investment.
  • Conducts a complimentary building assessment and provides a compliance report prior to management.
  • Single-unit vacancies are listed on Nestio.com at no charge to the owner.
  • Provides single-unit owners with a market research report detailing suggested rent increases between two and three months prior to free-market lease expiration.
  • Completes rent registrations in-house.
  • Files MBRs annually on behalf of the owner.
  • Conducts monthly property walk-throughs.
  • Property managers are available 24/7 for emergencies.
  • Oversees renovation and construction projects.
  • Tracks rent increases associated with major capital improvements.
  • Employs a dedicated compliance division to address maintenance and structural issues using SiteCompli software.
  • Generates customized property reports using Yardi and AppFolio software. These reports may include a cash flow statement, income register, check register, payables, journal entry, general ledger, bank reconciliation, bank statements or copies of paid invoices.
  • Employs an in-house brokerage to coordinate background checks, negotiations and lease preparation for retail management clients.

License #: 109920385

Citadel Property Management Corp

#3 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 13 Reviews Show all

646-654-0722
513 E 13th St, New York, NY 10009
Areas Served New York, Miami, FL
11-50 employees BBB: A+
Since 2001
Residential
Commercial
Hoa
  • Provides property management services specifically in Manhattan, the Bronx, Brooklyn Queens, Westchester and Connecticut.
  • Coordinates interior and exterior property maintenance, schedules routine inspections, and manages on-site safety and environmental concerns.
  • Oversees capital improvement and construction projects.
  • Supervises on-site personnel.
  • Their financial services include budgeting and electronic monthly financial reporting.
  • Obtains insurance coverage.
  • Files permits and certificates as required by law.
  • In addition to property management, they also offer brokerage, facilities management, asset management and development marketing services.

License #: 10991202223

Livingston Management Services

#4 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 15 Reviews Show all

646-214-0333
225 W. 35th St., 14th Floor, New York NY 10001
Areas Served New York
? BBB: N/A
Since 2011
Residential
Commercial
Hoa
  • Their multi-family management services include lease abstracting, contract negotiation, vendor management, preventative maintenance, 24/7 emergency maintenance, exterior inspections, elevator inspections, fire safety inspections, janitorial services, pest control, Yardi-based financial reports, bill payment, three-day notice filing, capital improvement management, tax protest filing, insurance review and energy efficiency benchmarking.
  • Their commercial management services include lease abstracting, maintenance coordination, vendor management, late fee collection, Yardi-based bookkeeping, bank reconciliations, expense payment, monthly owner reports and year-end reports.
  • Their commercial condo management services include lease abstracting, condo subleasing, late fee collection, maintenance coordination, vendor management, utility monitoring, Yardi-based bookkeeping, expense payment, annual budgeting, monthly owner reports and year-end reports.
  • Their condo and co-op building management services include fee collection, maintenance contract coordination, common area upkeep and inspection, fee collection, annual budget preparation, expense payment, on-site staff supervision, project management and board reporting.
  • Their condo unit management services include lease drafting, tenant application processing, tenant turnover services, 24/7 emergency response, lease renewals, monthly financial reporting, expense and property tax payment, insurance coordination, tax service coordination, legal support, condo board package preparation and unit resale services.

License #: ?

The Andrews Organization Inc

#5 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-529-5688
666 Broadway #1200, New York, NY 10012
Areas Served New York
51-200 employees BBB: N/A
Since 1987
Residential
Commercial
Hoa
  • Their management services include property inspections, maintenance, emergency response, on-site staff supervision, bulk purchasing and board guidance.
    Coordinates apartment transfers, sales, sublets and leasing.
  • Their administrative services include real estate tax abatement, tax protesting, municipal filing, property income and expense filing, and insurance coordination.
  • Their financial services include annual budgeting, direct deposit payments, bank reconciliation, monthly financial reporting and payroll administration.
  • Manages capital improvement projects, including building reconstruction, infrastructure upgrades and roof deck installation.
  • Offers brokerage services to interested clients.

License #: ?

Century Operating Corporation

#6 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-560-6400
440 9th Ave 15 Floor, New York, NY 10001
Areas Served New York
? BBB: N/A
Since 1997
Residential
Commercial
Hoa
  • Operates a designated code compliance department.
  • Manages on-site staff.
  • Conducts periodic roof-to-basement building inspections.
  • Offers 24/7 emergency maintenance services.
  • Distributes a monthly management report with a summary of the building’s physical, financial and legal status.
  • Conducts a security evaluation to recommend security needs in the building.
  • Generates energy consumption reports and provides recommendations for energy efficiency.
  • Customizes a life safety plan for each managed building.
  • Assists in planning the monthly board meeting.

License #: 109900135

Pine Management, Inc

#7 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-316-2114
78 Manhattan Ave, New York, NY 10025
Areas Served New York
11-50 employees BBB: N/A
Since 1992
Residential
Commercial
Hoa
  • Marketing, applicant screening, lease negotiations, lease renewals and lease enforcement are completed in-house.
  • Employs a dedicated compliance department to keep property current with local, state and federal regulations.
  • Conducts move-in, move-out, security and safety inspections, and prepares monthly preventative maintenance reports.
  • Employs an in-house maintenance crew.
  • Offers 24-hour emergency maintenance services.
  • Supervises on-site staff and service providers.
  • Prepares the following financial reports: rent collection reports, a general ledger, income and expense statements, disbursement reports and monthly financial statements.
  • Files MBR/MCR, MCI, DHCR, RPIE, J-51 and Real Estate Tax Certiorari.
  • Their purchasing department obtains bulk rates on products and services, and screens service providers.
  • Reviews insurance policies and negotiates premiums.
  • Offers project management services.
  • Initiates legal action and appears in court on behalf of the property owner.
  • Practices fuel efficiency, heat conservation and water conservation.

License #: 10991208912

Veritas Property Management

#8 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 9 Reviews Show all

212-799-2365
1995 Broadway Suite 201, New York, NY 10023
Areas Served New York
? BBB: N/A
Since 2007
Residential
Commercial
Hoa
  • Provides management services to individual units and buildings.
  • Coordinates maintenance services and provides 24-hour emergency response.
  • Offers project management services, including facade repair to comply with Local Law 11.
  • Hires, trains and supervises on-site staff, including unionized employees.
  • Conducts efficiency testing on oil usage, gas usage, water controls, boiler systems and lighting.
  • Their Veritas Online platform allows clients to view management reports, leasing applications, invoices, monthly statements, account balances and transactions on demand.
  • It also bills residents and accepts rent payments electronically.

License #: 10991201592

Solstice Residential Group, LLC

#9 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-753-2329
55 Broad St., 26th Floor, New York NY 10004
Areas Served New York
11-50 employees BBB: N/A
Since 2008
Residential
Commercial
Hoa
  • Responds to resident, owner and board inquiries within one business day.
  • They employ a specific financial department that generates income and expense statements, cash account reports, capital account reports, a common charges collection report, a general ledger, a vendor payment ledger and an outstanding bills statement.
  • They have an in-house transfer department to guide apartment transfers and leasing.
  • Offers a 24/7 emergency hotline.
  • Coordinates capital improvements for residential, commercial and industrial properties.
  • Participates in several energy conservation programs sponsored by NYSERDA, including the Multifamily Performance Program, bi-level lighting and programs that promote the use of “green” products. They also strive to reduce greenhouse emissions in their managed properties by 30% over the next ten years through the PlanNYC program.
  • Offers insurance services to their property management clients.

License #: ?

AKAM Living Services

#10 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 64 Reviews Show all

212-986-0001
260 Madison Ave, New York, NY 10016
Areas Served New York, Dania Beach, FL
201-500 employees BBB: N/A
Since 1983
Residential
Commercial
Hoa
  • Provides full-service management to condominiums, co-ops, HOAs, pied-à-terre properties, second homes and investment apartments.
  • Offers commercial management in conjunction with a leasing group that specializes in positioning, branding, market analysis, unexpected use of space and lease administration.
  • Oversees all aspects of capital improvement projects.
  • Offers new development consulting and management services.
  • Employs a specific energy services division to improve the energy efficiency of managed properties.

License #: 10991215279

Trion Real Estate Management

#11 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 25 Reviews Show all

212-245-1980
165 W. 127th St., Ste. 101, New York NY 10027
Areas Served New York
11-50 employees BBB: N/A
Since 2002
Residential
Commercial
Hoa
  • Their three-month guarantee states that if Trion Real Estate Management does not reduce operating expenses within three months, then they will refund all fees paid.
  • They customize a maintenance and management handbook for each managed property.
  • Conducts exterior, basement, roof and common area inspections at least twice per week.
  • Provides 24/7 emergency maintenance services.
  • Assist the board in capital improvement plan development and offers construction management services.
  • Maintains compliance with OSHA, DHCR, ECB and DEP regulations.
  • Their Trion Call Squad handles delinquent collections.
  • Distributes weekly reports of project status and action list items to board members.
  • Offers clients preferred insurance rates through the Trion Insurance Program.
  • Conducts annual income analyses and expense benchmarking.
  • Offers maintenance as a stand-alone service. This service includes interior and exterior common area maintenance, trash removal, carpet care, post-construction cleaning, pressure washing and roof maintenance.

License #: ?

Argo Real Estate

#12 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 61 Reviews Show all

212-896-8600
50 W 17th St #6, New York, NY 10011
Areas Served New York
51-200 employees BBB: N/A
Since 2010
Residential
Commercial
Hoa
  • All property managers complete an in-house manager certification program.
  • They employ an in-house procurement team to vet vendors and service providers.
  • Distributes a bi-weekly action report to board members.
  • Creates meeting agendas and records meeting minutes. They will also run meetings if desired.
  • Clients have the opportunity to complete an annual survey to provide feedback on Argo’s management services.
  • Clients have online access to Argo’s management software to view their property’s status in real time.
  • Clients have access to Argo University, a collection of archived live events featuring topics of interest to board members.

License #: 109935964

Lisa Management, Inc

#13 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-353-8223
826 Broadway, New York, NY 10003
Areas Served New York
? BBB: N/A
Since 1997
Residential
Commercial
Hoa
  • Managers are experienced in HVAC, motor repair, low-voltage electronics and computer networks.
  • Supervises on-site building staff and contractors.
  • Employs separate accounting and leasing departments to coordinate these aspects of property management.

License #: ?

BCB Property Management

#14 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-886-7700
515 Madison Ave., #1201, New York NY 10022
Areas Served New York
11-50 employees BBB: N/A
Since 2011
Residential
Commercial
Hoa
  • Their services encompass development, construction, investment and management.
  • Their management portfolio includes properties in Harlem, the East Village, the Upper West Side and Morningside Heights, as well as several Brooklyn neighborhoods.

License #: ?

Halstead Management Ltd

#15 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-508-7272
770 Lexington Ave, New York, NY 10065
Areas Served New York, Greenwich, CT, Darien, CT, Stamford, CT, Rowayton, CT, Westport, CT, Wilton, CT ,Hoboken, NJ, Montclair, NJ
1001-5000 employees BBB: N/A
Since 1984
Residential
Commercial
Hoa
  • Specializes in luxury co-ops and condominiums.
  • A Market Specialist is assigned to each building as a resource to provide real estate information to the building’s board.
  • Conducts scheduled periodic inspections of the structure, systems, equipment and outdoor areas of each property. Surprise inspections are occasionally performed.
  • Their accounting department utilizes Yardi and MRI software to manage property budgets, payables, receivables and bank reconciliations, and to generate financial reports.
  • Building board members have access to their financial data on demand.
  • Secures bulk purchasing costs based on their entire portfolio and passes these savings on to individual buildings.
  • Aids in the transition of staffing, contracts, financial records, insurance policies, maintenance schedules and purchasing during the transfer from another management company.
  • They are a part of a risk purchasing group that offers liability, director’s, officer’s, casualty, boiler and workers’ compensation insurance at a discount to clients.

License #: ?

Stellar Management Co Inc

#16 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-406-0030
156 William St #10, New York, NY 10038
Areas Served New York
501-1000 employees BBB: N/A
Since 1998
Residential
Commercial
Hoa
  • Manages properties specifically located in Manhattan, the Bronx, Queens, Brooklyn, Staten Island and Westchester.
  • Specializes in property renovation and modernizing.
  • Their eco-friendly management practices include updating units with energy-efficient appliances, using energy-saving fluorescent light bulbs, using low-VOC paints on interior areas and installing fog-catchers as an additional source of water.
  • Provides security measures to commercial clients.

License #: ?

Choice New York Management

#17 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 56 Reviews Show all

212-982-3600
254 West 31st Street, 6th Floor, New York, NY 10001
Areas Served New York
11-50 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • In addition to property management, they also offer asset management and strategic advisory services.
  • Their staffing division provides building concierge, door attendants, building superintendents and janitorial services to interested clients.
  • Their listing division provides brokerage and leasing services.
  • Provides property maintenance, vendor management and emergency response services.
  • Utilizes Yardi property management software to coordinate building and account information.

License #: ?

Carlyle Property Management Group

#18 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

No Reviews Found

212-682-7300
340 E 46th St, New York, NY 10017
Areas Served New York, Philadelphia,PA
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Their leasing services include applicant screening, application processing, lease preparation, lease renewal processing and tenant turnover services.
  • Negotiates and manages contracts with service providers.
  • Provides on-site rental agents for large buildings.
  • Collects delinquent rent payments on behalf of the owner.
  • Ensures compliance with DHCR, rent stabilization requirements and Local Law 11.

License #: 109903347

Rose Associates

#19 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 54 Reviews Show all

212-210-6666
777 Third Ave., 6th Floor, New York NY 10017
Areas Served New York
201-500 employees BBB: N/A
Since 1997
Residential
Commercial
Hoa
  • Their management services are focused on multi-family properties.
  • Employs a construction team to provide property renovation services.
  • Utilizes their Roselife app to increase communication between property managers and building residents.
  • Participates in the Kingsley resident survey program.
  • They employ an acquisitions and development department that specializes in ground-up development, asset repositioning and reuse of obsolete properties.

License #: ?

Metropolitan Pacific Properties

#20 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 13 Reviews Show all

212-944-9100
511 6th Ave, New York, NY 10001
Areas Served New York
11-50 employees BBB: A+
Since 1994
Residential
Commercial
Hoa
  • Provides property management services to personal properties, rental properties, condominiums, co-ops, HOAs, office buildings, government entities, financial institutions, retail, medical facilities, warehouses, hospitality properties and education buildings.
  • Owners can choose from customized management services or an all-inclusive package.
  • Their tenant procurement services include advertising, applicant screening and lease negotiation.
  • Their apartment turnover services include general and cosmetic repairs, equipment replacements, and structural upgrades.
  • Provides routine, preventative and emergency maintenance services.
  • Negotiates service contracts on behalf of the property owner.
  • Their financial services include arrears management, reserve account management, bill verification, payroll services, 1098 and 1099 forms, and audit and tax coordination.
  • Their accounting department generates the following reports: cash reconciliation, bank reconciliation, income and expense, accounts receivable aging, accounts payable aging, disbursement registers and budget variance.
  • Provides owners with an annual assessment detailing the property’s condition and recommended improvements.
  • Employs a team of purchasing specialists to manage supply inventory.
  • Offers project management services.

License #: ?

Orsid Realty Corporation

#21 best rated of 21 New York City, NY property management companies

Based on 5+ Reviews Show all

Based on 15 Reviews Show all

212-247-2603
156 West 56th St., 6th Floor, New York NY 10019
Areas Served New York
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Their financial management services include budget development, financing options and capital planning.
  • Trains and manages on-site building staff.
  • Employs a separate compliance department to monitor local, state and federal laws.
  • Offers guidance in risk management and insurance coverage.
  • Their alterations department coordinates small-scale renovations.
  • Offers project management services to manage capital improvements.
  • Completes board application packages and offers closing services.
  • In addition to property management, they also offer asset management and brokerage services.

New York City vs Nearby Cities

It’s no surprise that some of New York’s steepest real estate prices are seen in New York City. This is the most popular city in the state, and the leading neighborhoods easily command $1 million or more per home. The city’s median listing price tends to fall between $700 and $1.2 million, and it’s common for buyers to pay far more than $500 per square foot. Prices in surrounding cities are slightly lower. Long Beach, Hempstead and New Rochelle tend to maintain median listing prices above $500,000. The median price per square foot is typically around $400 in these communities.

New York City Property Managers

There are a lot of landlord-tenant laws that property owners must keep up with in New York, so property managers are in high demand. An experienced manager can take over the daily operations, ensuring that the property remains up to code and profitable. They also relieve stress for the property owner by handling rent collections, tenant disputes and complaints.

New York City Property Management Company Fees

Property managers in New York City charge an average of 10 percent of the rent collected from tenants each month. This is a flat fee that includes all services listed in the contract for some management companies, but others may offer a lower monthly percentage with added charges for a variety of services. It’s important to know exactly what services are included when you negotiate the fee.

New York Landlord/Tenant Laws

  • If a landlord fails to return a tenant’s security deposit within a reasonable amount of time, the tenant has the right to sue for damages up to $3,000 or $5,000, depending on their city.
  • New York City landlords must abide by all rent control laws when determining rental rates.