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affordable Property Management 

NHS Brooklyn's Affordable Property Management Program is designed for owners of single family homes and 2- to 4-unit buildings who would like to delegate the day-to-day management and maintenance of their property to a trusted organization with extensive experience maintaining and rehabilitating Brooklyn properties.

 

Eligibility:

  • The property must be located in Brooklyn

  • The property must have no more than 4 units.

  • The property may include some commercial space beyond the 1 to 4 residential units.  

  • Owners may be "absentee": that is, they do not need to live on the property.

  • Property may or may not have tenants: the program accommodates both scenarios.   

The program will help owners by: 

  • ​Proposing a plan for how to reduce operating expenses, such as property insurance, equipment, and utility bills

  • Managing upkeep of the property year-round, effectively and efficiently

  • Track finances to avoid unexpected expenses

If the owner has tenants, the program will help by:

  • Collecting rent and fielding calls from tenants 24/7

  • Increase the value of their property

  • Retain the property as a family asset

  • Overcome economic hardships due to COVID-19

Professional and technical program services include: 

  • Securing estimates from licensed, insured contractors and project management of their work once hired

  • Counseling to refinance the property; secure a reverse mortgage; or avoid foreclosure or the threat of foreclosure, as appropriate

  • Referrals to tenants, if the building has affordable rental units 

  • Education to develop owners' property management skills

You do not have to live in the building to use this service. 

Interested in learning more? 

Please contact Isanna Saxon at (718) 732-8001 or propertymanagementdept@nhsbrooklyn.org

Attention, Contractors & Service Providers!

If you are a contractor or service provider offering any of the following and would like to be considered for inclusion in our resource directory for future referrals, please contact Byron Todman at (718) 469-4679 or propertymanagementdept@nhsbrooklyn.org

  • General Contracting: Including Carpentry, Painting, Structural Repairs

  • Systems: Plumbing, Electrical, HVAC, Furnace, Boiler sales, installation, repair, and/or maintenance

  • Seasonal & Landscaping: Cleanups, Snow Removal, Tree Removal

  • Architecture & Engineering

  • Roofing: Repair/Replace; Sloped & Flat

  • Masonry, Pointing, Concrete

  • Windows & Insulation: Installation & Repair

  • Weatherization & Waterproofing

  • Safety: Asbestos, Mold, Lead Abatement/Removal; Security Systems

  • Pest Treatment & Removal

  • Law: Real Estate, Slip And Fall, Personal Injury, Estate Planning, Guardianship, Litigation, Insurance, And Other Areas of Law

  • Real Estate: For Rental Referrals, Client Referrals, Listing To Sell, Expediting

  • Financial & Mortgage Services: Refinance, mortgage, reverse mortgage, loans

  • Insurance: Home, Flood, Renter's, Other

  • Small Repairs

  • Other

 

This program has been made possible thanks to the generous support of Deutsche Bank. 

Women In Real Estate & Property Management Conference

Held at Medgar Evers College on Friday, April 28, 2023, and drawing almost 150 attendees, the Conference offered panel discussions and breakout sessions led by industry experts.

The day was kicked off with the annoucement of a $1.9 million award by JPMorgan Chase to support the new NHS Brooklyn program. 

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