Pearl House - 160 Water St, 7L

Income

Most NYC landlords look for an annual income of about $218,000 (40 times the rent), or a guarantor earning about $437,000 (80 times). How the 40× rule works →

To move in

By New York law, the most you can be asked for upfront is $10,940: the first month’s rent ($5,460), a security deposit of at most one month ($5,460), and a background check of at most $20. No broker fee through Nessoo.