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Meraki Realty
Proven Results

Measurable Outcomesfor NYC Landlords

Real performance data from properties we manage and lease across Manhattan.

$55K+
Monthly Cash Flow Swing
5.4
Avg Days to Lease
123%
Max Rent Increase
$135K
Escrow Released
Property Management

From Distressed to Stabilized in 90 Days

Greenwich Village

Took over a mismanaged portfolio with mounting violations, lender-held escrow, and negative cash flow. Within three months—full renovation, all units leased, compliance restored, escrow released.

6
Units Renovated
$55K/mo
Cash Flow Swing
23
Violations Cleared
  • ◆Renovated 6 vacant residential units and common areas; fully leased within weeks of completion
  • ◆Identified and resolved 23 active ECB violations, bringing building into full compliance
  • ◆Secured release of $135,000 from lender escrow previously withheld due to violations and vacancies
  • ◆Recovered $35,000 in unpaid utility charges from a commercial tenant
  • ◆Monthly cash flow improved from -$20,000 to +$35,000—a $55,000/month swing
Commercial Leasing

Two Leases. $2.63M in Added Value.

Chelsea

Secured two new commercial tenants at rents 60% and 123% above previous levels. Negotiated an $850,000 capital improvement package fully funded by incoming tenants, including a landmarks-approved storefront renovation.

123%
Rent Increase
$850K
Tenant-Funded Improvements
$80K
Commission Savings
  • ◆Rents increased from $7,500 to $12,000 (60%) and $7,500 to $16,700 (123%)
  • ◆$850,000 in tenant-funded capital improvements including landmarks-approved storefront
  • ◆Negotiated 73% reduction in broker fees by sourcing one tenant directly
  • ◆Over $80,000 in total commission savings for the landlord
  • ◆Projected $2.63M property value increase based on 6.25% cap rate
Residential Leasing

45 Units Leased in 30 Days

Chelsea, West Village, Hell’s Kitchen, East Village, UWS, Murray Hill

Executed leases on 45 residential units across six Manhattan neighborhoods in a single month. Studios to three-bedrooms, each with rent increases and minimal downtime.

5.4
Day Avg Vacancy
8–12%
Rent Increases
6
Neighborhoods
  • ◆Average turn-over time of just 5.4 days, with several units leased in 2–4 days
  • ◆Consistent rent increases of 8–12% above previous lease terms
  • ◆Unit types ranged from studios to 3-bedroom/2-bath apartments
  • ◆3-bedroom units saw $800–$900/month increases over prior rents
  • ◆Strategic pricing and targeted marketing minimized vacancy across all unit types

Ready to See Results Like These?

Schedule a consultation to discuss your portfolio.

Schedule a Consultation
Or call (646) 490-0325 • info@merakirealtynyc.com