It outlines the details of the arrangement, including the rent, security deposit, and household policies. Create your free New York sublease agreement and legally sublet your property.Download our template as a PDF or Word file here. The New York sublease agreement is a rental contract in which the tenant acts as a sublandlord and rerents the premises they occupy to a third party. Payments shall be paid in advance on the first day of each month during the Term. Check out our FREE roommate agreement template for New York. Our sublease agreement contract forms are fillable and printable as a PDF. PREAMBLE: This Sublease contains the agreements between Subtenant and Owner concerning the rights and obligations of each party. The New York Sublease Agreement is made for tenants in New York seeking to sublet their rental property to a third party. The Sublessee agrees to pay the Sublessor a monthly rent of (Amount).