Property management · New York City & Long Island

Know where your property stands.

Summit Global Management handles the daily work of owning rental property — maintenance, resident communication, records and reporting — while you keep the decisions that matter.

Monthly owner package

Illustrative sample · six-unit residential building

Month-end

Income & expenses

Income and expenses for the month, illustrative figures
Income
Scheduled rent$18,450
Collected$17,200
Balance due (1 unit)$1,250
Expenses
Repairs$1,180
Utilities$940
Insurance$610
Other operating$1,070
Total expenses$3,800
Net cash from operations$13,400

Rent roll

Rent roll by unit, illustrative figures
UnitScheduledCollectedBalance
1A $2,950 $2,950 —
1B $2,850 $2,850 —
2A $3,100 $3,100 —
2B $3,050 $3,050 —
3A $3,250 $2,000 $1,250
3B $3,250 $3,250 —
Total$18,450$17,200$1,250

Open work

Work orders

  • Boiler serviceScheduled
  • Unit 3B faucetCompleted
  • Roof repair proposal, $4,800Awaiting your approval

Upcoming

  • Insurance renewalin 45 days
  • Lease expiration, Unit 2Ain 60 days
Illustrative example. Not an actual property or client.

The idea

Four questions every owner should be able to answer.

Our work is organized so the answers are always on paper, every month, in the same order.

  1. What did the property collect?

    Scheduled rent, what actually came in, and any balance still due, unit by unit.

  2. What did it spend?

    Each expense matched to the work you approved and backed by an invoice.

  3. What is still open?

    Repairs, requests and filings in progress, each with a status and a responsible person.

  4. What needs my approval?

    Decisions waiting on you, with the estimate and the information you need to make them.

Who we work with

Owners of one property or a local portfolio.

Owners

  • Individual owners
  • Family ownership groups
  • Investors with one property or a local portfolio
  • Owners who live outside the area
  • Owners replacing a patchwork of contractors, leasing contacts and bookkeepers

Property types

  • Rental homes
  • Individually owned rental apartments
  • Multifamily buildings
  • Mixed-use buildings with street-level commercial space

Reporting

The monthly owner package.

Every month the report covers the same six parts, written in language you can act on.

Contents of the monthly owner package
Number Report component Information provided
01 Income and expenses Actual receipts and operating costs, with explanations for material changes.
02 Rent roll and arrears Occupancy, scheduled rent, balances due, and renewal or expiration dates.
03 Cash and obligations Available property cash, unpaid invoices and expected near-term expenses.
04 Budget comparison Actual spending against the approved budget, with significant differences explained.
05 Work and projects Open repairs, completed work, approved projects and decisions awaiting you.
06 Upcoming requirements Known filing dates, inspections, insurance renewals and planned maintenance.

Delivery dates are set in your management agreement.

How an engagement works

Five steps, each agreed in writing.

How it works in detail
  1. Step 1: Initial property review

    We look at the property, its records and your goals, and confirm we can oversee it properly.

  2. Step 2: Written scope and authority

    Services, fees, spending limits and decision rights are agreed in writing before work begins.

  3. Step 3: Management transition

    Leases, records, keys and balances are collected, and opening balances are confirmed.

  4. Step 4: Property plan and recurring work

    Repairs, recurring maintenance, the visit schedule and the compliance calendar are set up.

  5. Step 5: Ongoing review and handover

    Each month’s report drives the review; the plan is adjusted with your approval.

Owner authority

You stay in control.

Budgets, major improvements, financing and legal strategy remain your decisions. Our role is to organize the information, coordinate the work you authorize, and make the status of every matter clear.

Service area

New York City and Long Island.

New York City

  • Manhattan
  • Brooklyn
  • Queens
  • The Bronx
  • Staten Island

Long Island

  • Nassau County
  • Suffolk County

We take on a property only when we can give it proper local oversight. Our office is in Floral Park, on the Queens–Nassau line.

Start with a property review.