Coutinho Properties

- 60 E 42nd St #517, New York, NY 10165

The search for a place to live in New York City is often an adventure, a process that can be both exciting and challenging. For many New Yorkers, navigating the competitive and fast-moving rental market means working with a property owner or management company that they can trust. When looking for an apartment, whether it's a high-end doorman building or a more traditional walk-up, it is essential to consider the reputation and reliability of the company behind the lease. This is particularly true for residential real estate, where the relationship between a tenant and a property manager can greatly impact the living experience.

Coutinho Properties is a family-owned and operated company with a long history in the New York City area, having been in existence since 1974. The firm's business model appears to be focused on the ownership and management of a diverse portfolio of multi-family residential and commercial properties. Unlike a traditional brokerage that primarily facilitates transactions, Coutinho Properties seems to act as both the owner and manager of its buildings. This business model means that they are the direct point of contact for tenants, handling everything from leasing to maintenance and day-to-day operations.

The provided reviews offer a mixed perspective on the tenant experience with Coutinho Properties. One review, which seems to have a mix of information, mentions a theater experience in Times Square that is "Super dirty and unhygienic," which is likely a misplaced review intended for a different business, given Coutinho Properties' focus on real estate. The other review, however, directly addresses the tenant experience with the company's residential buildings. This customer cites a number of recurring issues across multiple properties, including problems with heat and hot water, rodents, and noise from renovations. The review expresses frustration with a perceived lack of response to complaints. This kind of feedback is important for potential renters to consider, as it provides a look into what the day-to-day living experience might be like.

It is important to note that the provided information does not include a list of services beyond the general description of "Real estate agency." However, based on the company's "About Us" page and the review, their primary services are the rental and management of their owned residential properties. They manage a variety of units, from "high-end, doorman building in Mid-town Manhattan to more modest walk-ups," to fit a range of needs. This gives prospective tenants options, though the provided reviews suggest that due diligence and an on-site visit may be important to ensure the property meets expectations.

Coutinho Properties is located at 60 E 42nd St #517, New York, NY 10165, USA. This address places the firm in one of Manhattan's most prominent and well-connected neighborhoods, directly across the street from Grand Central Terminal. This location is a major benefit for clients and partners, providing unparalleled access to the city’s extensive public transportation network.

The building at 60 East 42nd Street is also known as One Grand Central Place. Its proximity to the terminal means that clients and tenants can easily reach the office using the 4, 5, 6, 7, and S subway lines, as well as the Metro-North commuter rail. This makes it a highly convenient meeting point for anyone coming from different boroughs, the suburbs, or even out of town. The location itself speaks to a professional and established presence in the New York real estate market. The building is a recognized landmark, and its prestigious address is often associated with high-quality commercial and office spaces.

Given the nature of their business, which involves a great deal of client interaction, a central location like this is highly practical. It provides a professional environment for consultations and a convenient hub for managing properties located throughout the city. The accessibility of the location is a significant feature, especially in a city where travel time is a key consideration.

Services Offered

• Residential Property Rentals: The firm offers a variety of residential apartments for rent, from doorman buildings to walk-ups.
• Commercial Property Rentals: In addition to residential, Coutinho Properties also handles commercial properties.
• Property Management: As a property owner and manager, the company oversees the day-to-day operations and maintenance of its portfolio.

Features / Highlights

• Family-Owned and Operated: With a history dating back to 1974, the firm has a long-standing presence in the New York real estate market.
• Diverse Property Portfolio: They own and manage a range of residential and commercial properties, offering different types of apartments to fit various needs.
• Central Midtown Location: The office at 60 E 42nd St is conveniently located across from Grand Central Terminal, making it highly accessible.
• Direct Property Manager/Tenant Relationship: Clients deal directly with the property owner/manager, rather than a third-party brokerage.

Contact Information

Address: 60 E 42nd St #517, New York, NY 10165, USA

Phone: (212) 370-5943

Mobile Phone: +1 212-370-5943

What is worth choosing

When a New Yorker is looking for a rental, they often weigh the pros and cons of renting from a large corporation versus a family-owned company. Coutinho Properties presents itself as the latter, a firm with decades of experience in the city. The primary reason to consider working with them is their long history and direct ownership model. By dealing directly with the property owner and manager, a tenant can theoretically expect a more personal relationship and a quicker response to issues. However, the tenant review suggests that this is not always the case, citing recurring issues with maintenance and a perceived lack of responsiveness.

A potential tenant should consider the information from the reviews carefully. The issues raised, such as heat and hot water problems and pest control, are critical factors in the quality of city living. The mention of noisy renovations also points to potential disruptions. Therefore, while the company’s central location and family-owned status may be appealing, it is vital for any prospective tenant to visit the specific property they are interested in and speak with current tenants if possible. It is always best practice to verify the condition of the apartment and building systems before signing a lease.

Ultimately, choosing Coutinho Properties means opting for a direct relationship with a long-established property owner. The experience, as with many things in New York real estate, can vary. The firm offers a variety of buildings, and a thorough inspection and communication about specific property conditions would be the best way to ensure a positive outcome. The convenience of their location and the diversity of their portfolio are clear strengths, but it is the responsibility of the potential tenant to ensure that their expectations for property maintenance and management are met.

Coutinho Properties

60 E 42nd St #517, New York, NY 10165, USA