Real Estate Investing
6 Top-Rated New York City Property Management Companies in 2025
Last Updated Dec 16, 2025


Owning rental property in New York City can be extremely profitable, but it’s also one of the most complex and regulated real estate markets in the country. Between rent stabilization laws, Local Law compliance, intense tenant demand, high turnover costs, and strict eviction rules, NYC landlords need more than a basic property manager. They need a partner that understands the five boroughs, neighborhood-level pricing, and how to protect income while staying compliant.
Whether you own a condo in Manhattan, a brownstone in Brooklyn, a multi-family in Queens, or an investment property in the Bronx or Staten Island, choosing the right property management company can directly impact your cash flow, vacancy rate, and long-term return on investment.
In a city where real estate agents dominate the conversation, it’s important to understand the difference between a realtor and a property manager. Realtors are primarily focused on leasing or selling your property, while a property management company is responsible for protecting your income, handling day-to-day operations, ensuring legal compliance, and managing tenant relationships long after the lease is signed. For NYC homeowners, that ongoing expertise often makes the difference between a stressful rental experience and a profitable, hands-off investment.
To help New York City homeowners make an informed decision, we analyzed dozens of NYC property management companies based on:
- Verified online reviews
- Fee transparency
- Services offered
- Technology and owner experience
- Support availability
- Risk protection and compliance expertise
Below are the top-rated New York City property management companies in 2025, starting with the highest-rated option nationwide. Each company is evaluated on what matters most to NYC homeowners - rent protection, tenant quality, responsiveness, and total cost of ownership - so you can confidently choose the best fit for your rental property.
1. Belong
- Website: belonghome.com
- Google Rating: 4.6 Stars (33 reviews)
- Trustpilot Rating: 4.8 in Trustpilot (753 reviews)
- Areas Served: The full New York City Metro area (including Manhattan, Brooklyn, Queens, the Bronx, and Staten Island) along with additional markets across New York State such as Westchester County and beyond.
- 24/7 Support: Yes, 24/7 concierge support for both homeowners and residents.
- Monthly Management Fee: 8% of collected rent (or a minimum of $270/month).
- Tenant Placement Fee: 60% of first month’s rent (or a minimum of $1,999), waived if the home isn’t leased within 60 days.
- Vacancy Fee: $0, they do not charge when the property is vacant.
- Lease Renewal Fee: 20% of one month’s rent (or a $699 fee minimum).
- Initial Setup Fee: $0, no setup fee.
- Online Portal or App: Yes, includes full visibility into payments, maintenance, and communication.
- In-House Maintenance: Yes, plus a network of vetted vendors.
- 3D Virtual Tours: Included for free.
- Eviction Support: Up to $15,000 in legal costs covered for Belong-placed tenants.
Belong holds the highest Trustpilot rating of any national property management company, with thousands of verified reviews highlighting its transparency, responsiveness, and guaranteed rent model. This guarantee is made possible by Belong’s rigorous resident screening, allowing them to confidently place high-quality residents and reduce risk for homeowners.
As a modern, tech-enabled property manager, Belong uses data-driven pricing tools to optimize rent, minimize vacancy days, and maximize returns. With fast communication, professional marketing, and full-service maintenance coordination included, Belong offers an all-in-one, low-stress solution for rental owners.
2. Atlas NYC Property Management
- Website: https://atlasnyc.com/
- Google Rating: 5 Stars (8 reviews)
- Areas Served: New York City Metro (Manhattan and Brooklyn focused)
- 24/7 Support: Yes, for emergencies.
- Monthly Management Fee: Requires a custom quote (management fees typically range from 8-12 % of the monthly rental income in Manhattan).
- Tenant Placement Fee: Not disclosed. Tenant placement and screening are mentioned as services, but no dollar amount or structure is published - careful with hidden fees.
- Vacancy Fee: The website discusses minimizing vacancy but does not state whether vacancy fees are charged.
- Lease Renewal Fee: Not disclosed. Lease renewals are included as a service, but no renewal fee or confirmation of “no fee” is published - careful with hidden fees.
- Initial Setup Fee: Not disclosed.
- Online Portal or App: There is no dedicated mobile app, and functionality appears limited to basic reporting, payments, and communication.
- In-House Maintenance: Yes (in-house coordination stated).
- 3D Virtual Tours: Virtual tours are referenced in marketing content, but 3D tours are not clearly guaranteed or standardized.
- Eviction Support: Yes.
Atlas NYC Property Management is a Brooklyn-based, full-service firm serving Manhattan and Brooklyn. The company focuses on local expertise, maintenance coordination, tenant management, and 24/7 emergency support. Pricing details are largely not disclosed publicly, so property owners should confirm all fees and terms in writing before proceeding.
3. MD Squared Property Group
- Google Rating: 4 Stars (61 reviews)
- Areas Served: NYC, including Bronx, Brooklyn, Manhattan, Queens, Staten Island.
- 24/7 Support: Yes. Availability by phone or email.
- Monthly Management Fee: Not disclosed. The site doesn’t provide a published rate.
- Tenant Placement Fee: Not disclosed. Services include leasing/marketing but no fee schedule shown.
- Vacancy Fee: No public disclosure of vacancy or advertising charges.
- Lease Renewal Fee: Site does not list renewal fee specifics - careful with hidden fees.
- Initial Setup Fee: No setup/onboarding fee published.
- Online Portal or App: Web portal (AppFolio-based) only, no dedicated branded mobile app.
- In-House Maintenance: Maintenance coordination included and regular upkeep provided.
- 3D Virtual Tours: No mention of 3D tours.
- Eviction Support: Not explicitly disclosed on the website.
MD Squared Property Group is a New York City–focused property management firm serving all five boroughs with services that include tenant screening, maintenance coordination, and 24/7 emergency support.
4. Batra Group Real Estate & Property Management
- Website: https://www.batrapm.com/
- Google Rating: 4.9 Stars (233 reviews)
- Areas Served: Brooklyn, Manhattan, Williamsburg, SoHo, Dumbo, Downtown Brooklyn.
- 24/7 Support: Yes.
- Monthly Management Fee: Not disclosed.
- Tenant Placement Fee: Not disclosed.
- Vacancy Fee: Not disclosed.
- Lease Renewal Fee: Not disclosed.
- Initial Setup Fee: Not disclosed.
- Online Portal or App: Tenant portal. Residents can access building info, make online payments, submit maintenance requests, and access forms/applications
- In-House Maintenance: Maintenance is included/handled by a dedicated “property asset manager”.
- 3D Virtual Tours: Not disclosed.
- Eviction Support: Yes. They mention “proficient eviction processes,” and also state they will manage eviction and re-rent promptly if needed.
Batra Property Management is a New York (and Miami) focused management firm offering multi-family, condo/co-op, and commercial management with a tenant web portal, monthly financial reporting, and 24/7 emergency response.
5. Real Property Management NYC
- Website: https://www.rpmnewyorkgold.com/
- Google Rating: 4.5 Stars
- Areas Served: Flushing, Queens, Brooklyn, The Bronx, Jamaica, …
- 24/7 Support: Yes.
- Monthly Management Fee: 9.9% of collected rent (or a minimum of $129/month).
- Tenant Placement Fee: Not disclosed - careful with hidden fees.
- Vacancy Fee: Not disclosed.
- Lease Renewal Fee: Not disclosed.
- Initial Setup Fee: Not disclosed.
- Online Portal or App: RPM provides secure online accounts for owners and tenants, where users can access financial reports, leases, maintenance requests, and other property information 24/7.
- In-House Maintenance: The site describes maintenance dispatch and coordination but does not explicitly state whether workers are employees vs. vendor partners.
- 3D Virtual Tours: The site markets vacancy marketing and advertising but makes no explicit mention of 3D virtual tour services.
- Eviction Support: While eviction processes aren’t priced separately on the site, RPM offers eviction protection options within its optional service packages.
Real Property Management New York Gold is an established, franchise-affiliated management firm serving property owners throughout New York City. The company blends national systems with local expertise to handle rent collection, administrative tasks, maintenance coordination, and compliance obligations on behalf of landlords.
6. XL Real Property Management
- Website: https://www.xl-rpm.com/
- Google Rating: 5 Stars (178 reviews)
- Areas Served: Manhattan, Brooklyn, and other luxury residential areas for both local and international investors.
- 24/7 Support: Yes.
- Monthly Management Fee: 5% of collected rent - careful with the hidden fees.
- Tenant Placement Fee: Not disclosed.
- Vacancy Fee: Not disclosed.
- Lease Renewal Fee: Not disclosed.
- Initial Setup Fee: Not disclosed.
- Online Portal or App: XL provides a resident portal where tenants can pay rent, submit work orders, request security deposit refunds, and sign leases online.
- In-House Maintenance: XL handles maintenance coordination and emergency repair assistance; vendors and contractors are used to ensure repair work is completed efficiently.
- 3D Virtual Tours: The site does not mention offering 3D tours as part of their marketing services.
- Eviction Support: While XL provides lease negotiation, tenant liaison, and turnover services, no specific eviction support pricing is published on the website.
XL Real Property Management is a New York City–based residential management firm specializing in luxury apartments, townhomes, and multi-family rental properties. Founded in 2012, the company offers comprehensive services from rent collection and accounting to maintenance oversight and legal compliance, with a standard 5% gross rental income management fee.
Why Belong Is the Smart Choice for NYC Homeowners
While every company on this list has earned strong reviews and local trust, Belong stands out as a modern alternative that reimagines what property management should be. Instead of stacking on hidden fees, Belong offers one flat percentage, no vacancy charges, and guaranteed rent every single month, even if your resident is late.
Here’s what makes Belong the smart choice in 2025:
- Guaranteed Rent: You get paid on time, every month, whether the resident pays or not.
- Transparent Fees: No vacancy fee, no setup fee, no markups on repairs. Just 8% of rent collected.
- Smart Marketing: Every listing includes professional photography and a 3D virtual tour at no extra cost.
- 24/7 Concierge Support: For both you and your residents, available by phone, app, or email, day or night.
- Proactive Maintenance: Belong coordinates repairs with its own in-house technicians and a trusted vendor network, without upselling.
- Legal Protection: If an eviction becomes necessary, Belong covers up to $15,000 in legal costs for tenants they placed.
- Owner Dashboard: Track income, approve quotes, manage repairs, and request funds, all through the Belong app.
Thousands of New York City homeowners have made the switch to Belong. Some wanted better tenant screening. Others were tired of chasing late payments. Most just wanted peace of mind. Belong made that happen.
FAQ
1. What is the difference between a property manager and a real estate agent in NYC?
A real estate agent (realtor) typically focuses on marketing your property and finding a tenant or buyer, earning a commission once the transaction is complete. A property manager, on the other hand, oversees the entire lifecycle of your rental property - including rent collection, maintenance, compliance with NYC housing laws, tenant communication, renewals, and eviction support if needed.
2. Is it worth hiring a property manager instead of using a realtor?
For most NYC landlords, yes. While a realtor may help you lease the unit, they are not responsible for ongoing operations, legal compliance, or protecting your rental income. The right property management company provides continuous oversight, reduces risk, saves time, and helps maximize long-term returns, especially important in a highly regulated market like New York City.
3. How much do property management companies charge in New York City?
NYC property management fees typically range from 8% to 12% of collected rent, though pricing structures vary. Some companies charge additional fees for tenant placement, lease renewals, vacancy periods, or maintenance coordination. It’s important to review all fees carefully to avoid hidden costs.
4. What should NYC landlords look for in a property management company?
Key factors include transparent pricing, strong tenant screening, deep knowledge of NYC regulations, 24/7 support, efficient maintenance handling, and clear communication. The best property managers act as long-term partners, helping landlords stay compliant while protecting cash flow and minimizing stress.
About The Author
Melanie Kershaw
Mel Kershaw is a Content Lead at Belong. With an extensive background working with technology companies including Eventbrite and Yelp, she’s always looking for ways to create educational and informative articles that simplifies tech and solves problems for her audience.



