Sell Your Out-of-State Landlord House Fast in New York

New York's landlord-tenant law is among the most tenant-protective in the United States, particularly in New York City where the Housing Stability and Tenant Protection Act of 2019 (HSTPA) dramatically expanded rent stabilization coverage, eliminated vacancy decontrol, restricted rent increases on stabilized units, and imposed just cause eviction requirements that make it substantially harder to remove a tenant than in most other states. Even outside New York City, municipalities like Buffalo, Kingston, and Newburgh have enacted rent stabilization ordinances, and New York's RPL §227-c allows tenants impacted by domestic violence or certain other circumstances to terminate leases early without penalty — all adding compliance layers that out-of-state landlords often discover only when they try to sell or refinance. New York's Housing Court system — particularly in New York City — has one of the highest eviction filing volumes in the country, but contested eviction proceedings can take six months or more in the five boroughs, and COVID-era procedural backlogs have extended timelines further in many courts. Out-of-state landlords who own New York rental properties and want to exit face a market where carrying a rent-stabilized or rent-controlled unit means accepting below-market rent indefinitely, and the most practical exit path is often a cash sale to a buyer who will either hold the tenancy or navigate deregulation — a transaction we facilitate regularly for landlords from California, Florida, and other states who inherited or invested in New York rental property.

• Cash offer within 24 hours
• Close in 7 days or on your schedule
• Buy as-is — no repairs required
• We pay all closing costs
• No agents, no commissions