Olympic Property Management

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Olympic Property Management is a real estate property management company that oversees residential and commercial rental properties for owners, primarily in New York. They handle leasing, rent collection, maintenance, and tenant relations on behalf of property owners.

Brooklyn, New York, United States

About Olympic Property Management

Olympic Property Management is a full‑service property management company that focuses on multi‑family residential buildings, small multifamily properties, and commercial spaces such as shopping centers, office buildings, and retail properties. Based in New York, they provide marketing, tenant screening, rent collection, maintenance coordination, and financial reporting services for landlords and investors in Brooklyn, Queens, Manhattan, Nassau County, and Suffolk County.

A charge with a descriptor like “5200Olympic Property 9001573886CCDNet Settle” is likely related to rent, a security deposit, an application or administrative fee, or another housing‑related payment processed by a property management or ownership entity associated with an address on Olympic Boulevard or a similarly named property. The “CCDNet Settle” portion suggests an electronic network settlement entry and “5200” likely refers to a street number tied to a specific building or complex, while “Olympic Property” reflects the management/ownership name appearing on the transaction. This would typically be a one‑time or recurring payment for housing costs rather than a retail purchase.

To verify or resolve questions about this charge, the cardholder should first cross‑check the date and amount against their lease, rent ledger, or any recent application or move‑in fees. Tenants can contact the on‑site leasing office or the property manager listed on their lease, and property owners can reach Olympic Property Management via the contact details on their management agreement or on the company’s website. If the charge is not recognized, the cardholder should ask the property manager for a detailed payment history or receipt, and if necessary dispute the transaction with their bank while that documentation is being obtained.

Bank Statement Variations

1 known variations

These are the raw merchant codes that appear on bank and credit card statements that we've identified as belonging to Olympic Property Management.

  1. 5200Olympic Property 9001573886CCDNet Settle

Frequently Asked Questions

Why do I see a charge from Olympic Property Management with a descriptor like “5200Olympic Property 9001573886CCDNet Settle”?

This type of descriptor usually indicates a rent, deposit, or housing‑related fee processed by Olympic Property Management or a related ownership entity for a specific building (often referenced by the street number such as 5200 and the property name). The “CCDNet Settle” portion refers to the electronic settlement network used to process the transaction. Check your lease and recent rent or fee payments to confirm the amount and timing.

What kinds of payments to Olympic Property Management typically appear on my card or bank statement?

Most commonly, payments relate to monthly rent, security or pet deposits, application or screening fees, parking or storage fees, and occasionally one‑time charges for repairs, keys, or move‑in/move‑out fees. Your lease or resident portal should list which charges apply to your unit and how they are billed.

How can I confirm that a charge from Olympic Property Management is legitimate?

Compare the posted amount and date to your rental ledger, lease obligations, or any invoices you’ve received from the property manager. You can also contact the leasing office or Olympic Property Management directly using the phone or email listed on your lease or on olympicpropertymgmt.com to request a copy of the transaction details or a statement of your account.

Can I cancel or stop recurring rent charges from Olympic Property Management?

If you’ve set up recurring electronic rent payments through a resident portal, your bank, or another bill‑pay service, you must cancel or modify those settings before the next due date. Contact the property manager to confirm acceptable payment methods and notify them in writing if you intend to change how you pay or if your lease is ending, so they know to expect the change.

How do I request a refund or correction for an incorrect Olympic Property Management charge?

Start by contacting the on‑site property manager or Olympic Property Management’s office with documentation such as your lease, payment confirmations, and any notices you received. Ask for a written adjustment or credit if an error is confirmed. If you paid via card or ACH and cannot resolve the issue directly, you may also initiate a dispute with your bank, but it is best to first obtain a written explanation from the management company.

Why do I see a pending or temporary Olympic Property Management charge that later changes or disappears?

Some banks show a temporary authorization when a payment is first submitted, which may differ slightly from the final posted amount. Once Olympic Property Management’s processor completes settlement through the network (shown as “CCDNet Settle” or similar), the final charge replaces the pending one. If a pending item disappears without a matching final charge and you did not intend to pay, contact your bank and the property manager for clarification.

What should I do if I don’t recognize this charge and I don’t rent from a property managed by Olympic Property Management?

First, check with any household members or roommates who might have paid rent, an application fee, or a deposit for a property. If no one recognizes it and you have no relationship with an Olympic‑branded or similarly named property, contact your bank immediately to report the transaction as potentially unauthorized and ask them to investigate, and mention the full descriptor including the “5200Olympic Property” text.

How can I get a receipt or statement for a payment made to Olympic Property Management?

Reach out to your leasing office or Olympic Property Management using the contact information on your lease or on olympicpropertymgmt.com and request a payment history or individual receipt for the specific transaction. Provide the date, amount, and last four digits of the card or account used so they can locate the payment in their system.

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