Commercial and Multifamily Properties
Experience makes a difference and our property managers have the expertise necessary to meet our client’s objectives and provide a level of service that is necessary to achieve a well run property. We are a full service property management company specializing in managing multifamily apartments buildings, office properties, retail centers, condominium buildings, and condominium units.
The company you choose to handle your management and leasing is critical to keeping your units rented and minimizing rent loss. We handle all unit repairs, provide full accounting services, negotiate lease terms, and we make the turnover process seamless and efficient.
As a full service property management company we provide online rent collection, maintenance, inspections, leasing, compliance, and comprehensive reporting. Contact us today to discuss your specific property management needs. Please review in more detail the full list of services that we offer...
Core Management Services
Budgeting
After a thorough review of past expenditures and future objectives we can provide a realistic annual budget. In most cases we can identify unnecessary expenditures and ways to save money on operating expenses.
Staff Supervision
We provide supervision to all union and non-union staff. We create written job descriptions and establish work schedules. We manage payroll and payroll accounting, maintain Workman’s Compensation insurance, and undertake performance reviews.
Building Inspections
We perform scheduled walk-through inspections of all common areas, mechanical areas, and roofs. These inspections allow us to identify small problems before they become big ones. We coordinate scheduled maintenance according to the terms stipulated in vendor contracts.
Maintenance
Planning ahead prevents an inexpensive repair from becoming a costly emergency repair. We obtain multiple bids from contractors to get the best price.
Emergency Response
Our company is available to respond to any emergency. Our company has emergency response protocols and an on-call property manager 24/7, 365 days a year.
Bookkeeping and Reporting
We maintain all property balance sheet accounting for our clients. We coordinate year-end financial reports with our client’s CPA for tax preparation, and RPIE submissions.
Additional Multifamily and Commercial Services
- Lease abstraction
- Enforcement of lease terms
- Collect all late fees, taxes, and CAM charges as required
- Monitor all open permits relating to the property
- Process tenant leasing applications and perform due diligence
- Coordinate lease preparation and lease signing
- Maintain compliance with all Local Law regulations
- Review existing property signage for compliance
- Maintain all current tenant contact information
- Verify tenant insurance policies are in place and current
- Communicate trash and recycling policies to tenants
- Coordinate legal notices as directed by owner attorney
- Resolve complaints from tenants
- Assist owner with projects or special assignments as required
Condo Unit Management Services
Our property management firm offers a specialized service for owners of condominium units that require a local manager to collect rent, pay common charges, maintain compliance with house rules, and stay in compliance with New York City regulations regarding leasing and maintenance. We act as the tenant’s point of contact and coordinate all repairs, answer all tenant inquiries 24/7, and respond to on-site building management requests. We provide a critical service for investors seeking to outsource day to day management issues. Our condo unit management service offers a practical and affordable solution to investors that own 1 or more condo units that require professional management.
- Availability 24/7 to respond to tenant inquiries
- Online tracking of all maintenance issues with tenant follow up
- Online automated ACH rent payment system
- Online tenant portal for payments and submitting work orders
- Comprehensive marketing and leasing services
- Use of advanced research tools to properly price each rental unit
- Application processing and credit check screening
- Condo Board Package preparation and submission
- Turnover painting and repair coordination
- Tenant security deposit management
- Coordination with building staff
- HVAC service scheduling
- Ability to mobilize quickly to respond to emergencies
- Regular unit inspection service
- Monthly financial reports
- Coordination of Tax and Legal Services
- Alterations Agreement submissions as required by the Condominium
- Obtain insurance certificates for all vendors entering unit for repairs
- Coordinate obtaining condo unit liability insurance and umbrella coverage
- Provide tenant renters insurance policy online
- Send lease renewals to each tenant
- Payment of mortgage and taxes
Krieger Real Estate LLC is committed to the Fair Housing Act under the New York State Human Rights Law. To learn more about it, please click here.
