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Updated almost 2 years ago on . Most recent reply

User Stats

369
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329
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Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
329
Votes |
369
Posts

New York City Short Term Rental/ Medium Term Rental

Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
Posted

We are considering purchasing a small multi-family property near Rockaway Beach.  We have to travel to NY often so instead of paying to stay in a hotel, we want to purchase a place.  

Ideally, this would be a short-term rental, however, I know that NYC just cracked down on STRs.  Not sure if it is still a possibility to rent places out short term, or if there is a medium-term rental market at all.  

If anyone has information or knows of someone who can possibly help, I would love to know.  Thanks!

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
  • Most Popular Reply

    User Stats

    792
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    626
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    Alexander Szikla
    • Real Estate Agent
    • New York City
    626
    Votes |
    792
    Posts
    Alexander Szikla
    • Real Estate Agent
    • New York City
    Replied

    MTR rental (over 30 days) is allowed across the board. Below 30 days is where there is a restriction.

    Yes - you must live / be on-site for the STR property.

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