I'd like to apply for an apartment. Will I qualify?
Tenants should be currently employed and financially sound to qualify on their own. Tenants and roommates should make a combined annual income equal to or above 40x the monthly rent of the apartment they are interested in applying for. (e.g. If an apartment is $2,000/month, Tenants must earn $80,000 annually or higher to qualify.) A qualified Tenant must also have a strong United States credit history and a United States social security number. We accept a maximum of 2 Tenants as lease holders and may combine incomes between Tenants and roommates to reach the 40x the monthly rent requirement.
Seems like I (and/or my roommate) don't qualify on my/our own. Can I use a co-signer/guarantor?
What is a Guarantor?
A Guarantor is someone who is currently living and working in the United States and agrees to be equally responsible for all of the rules, regulations, and guidelines of the lease for the entire term. A Guarantor does NOT guarantee only an individual Tenant on the lease but the terms of lease itself. If necessary, we require only 1 Guarantor, even if there are several Tenants and roommates. We may accept an alternate Guarantor or an additional one if the initial Guarantor does not qualify individually. In the event another Guarantor is needed, we accept a maximum of 2 Guarantors living and working in the United States. We do not accept International Guarantors living and working outside of the United States.
Who can qualify as a Guarantor?
Relatives, employers, or associates who are financially sound and should make an annual income equal to or above 80x the monthly rent of the apartment you are interested in applying for. (E.g. If an apartment is $2,000/month, a Guarantor must earn $160,000 annually or higher to qualify.) A Guarantor must also have a strong US credit history and a US social security number. We accept a maximum of 2 Guarantors and may combine their incomes in order to reach the 80x the monthly rent requirement. We do not accept corporations, institutions, or businesses to serve as Guarantors.
What if my Guarantor(s) do not meet the requirements?
If your Guarantor does not make the income requirements, but has a strong credit history, we may still be able to work with you. You may be required to prepay additional rent in advance depending on your situation. The terms can vary and can only be accurately determined after the applications have been submitted and processed.
Do you accept the Insurent™ lease guaranty service (or other paid corporate guarantor services)?
No, we do not accept Insurent™ (or similar services) at this time.
What are the move in costs?
You'll pay first months rent and a one month security deposit at lease signing. Any deposit you put down when you begin your application will be applied to the security deposit. There is also a $75 per person application fee.
What utilities do tenants pay for?
Tenants open their own accounts with Con Edison (for electricity) and National Grid (for gas) and are billed for those services directly by those companies. Electricity powers the hot water heater located in your unit. Gas powers the heat and the stove. Television, internet and telephone service are provided by your choice of Optimum or Verizon FiOS
What are the lease terms?
We offer one or two year lease terms. Advertised prices are for one year terms. Please inquire as to pricing for two year terms as they are subject to change.
what is the pet policy for 1024 Gates avenue?
Up to two cats are allowed per apartment. Dogs are not allowed.
what is the pet policy for 833 Monroe Street?
Up to two cats are allowed per apartment. One dog is allowed per apartment for units on the first, second and third floors only. Dogs are forbidden from entering the basement, roof or any amenity/communal area other than the hallways on the first, second or third floor. Dogs may only be walked out through the Monroe Street entrance. A $250 annual pet fee is due at lease/renewal for apartments that keep a dog.
Is smoking permitted in the building?
The Brooklyn-Roosevelt is a smoke-free complex. Smoking is prohibited anywhere on premises, including outdoor areas.
How much is parking? Is there guest parking?
Our initial pricing for parking upon launch will be $250/month. This may be subject to change in the future. Parking is available to residents only. There is no guest parking or short term parking, parking is only available to those who lease monthly parking spots. Specific parking spaces will be assigned to those that lease them.