New York Commercial Real Estate Financing

New York City is the largest and most liquid commercial real estate market in the world. From rent-stabilized walk-ups in the Bronx to trophy mixed-use properties in Manhattan, NYC's density, diversity of property types, and complex regulatory environment demand a broker who can navigate the capital markets with precision.

Commercial Lending Solutions brings institutional-level financing to the New York market through a network of over 1,000 capital sources. Whether you're acquiring a multifamily portfolio in Brooklyn, refinancing a mixed-use building in Queens, or financing an office conversion in Lower Manhattan, we create competition among lenders to deliver better rates, higher leverage, and more flexible terms.

New York Market Highlights

Density premium: New York's constrained land supply and unmatched population density support some of the highest per-unit and per-square-foot values in the country, lenders need to understand NYC-specific valuation
Outer borough value play: Brooklyn, Queens, and the Bronx offer significantly higher yields than Manhattan while benefiting from the same transit infrastructure and demand drivers, attracting value-oriented investors
Office-to-residential conversion: Billions of dollars of obsolete Manhattan office space is being evaluated for conversion to residential, creating a new asset class requiring specialized financing
Rent stabilization & regulation: NYC's Housing Stability and Tenant Protection Act (HSTPA) fundamentally changed how rent-stabilized buildings are valued and financed, borrowers need lenders who understand these dynamics
Mixed-use dominance: NYC's zoning creates natural mixed-use properties with ground-floor retail and upper-floor residential, a property type that requires lenders comfortable with hybrid income streams
Co-op & condo market: NYC's unique co-op and condo structures create specialized financing opportunities for conversions, underlying mortgages, and sponsor unit portfolios

Key NYC Submarkets We Finance

Manhattan (Midtown, Downtown, Upper East/West Side), office, mixed-use, hospitality, luxury retail
Brooklyn (Williamsburg, Bushwick, Downtown, Park Slope), multifamily, mixed-use, creative office
Queens (Astoria, Long Island City, Flushing, Jamaica), multifamily, mixed-use, retail
Bronx (South Bronx, Fordham, Pelham Bay), workforce multifamily, mixed-use, industrial
Staten Island, multifamily, retail, self-storage
Northern New Jersey (Jersey City, Newark, Hoboken), multifamily, office, industrial
Long Island (Nassau, Suffolk), industrial, retail, medical office
Westchester / Lower Hudson Valley, multifamily, office, mixed-use

Loan Programs

Permanent Loans

5.50%, 7.50% | 5-30 yr terms

Long-term fixed and adjustable-rate financing for stabilized NYC properties. Agency, CMBS, bank, life company, and credit union execution.

Bridge Loans

8.00%, 11.00% | 12-36 months

Short-term financing for NYC acquisitions, value-add multifamily, rent-stabilized repositioning, and lease-up. Close in 2-4 weeks.

Construction Loans

7.00%, 10.00% | 12-36 months

Ground-up construction and gut renovation financing for multifamily, mixed-use, and office conversion projects across the five boroughs.

SBA 504 / 7(a)

5.75%, 6.75% | 25 yr terms

Owner-occupied commercial properties in NYC. As little as 10% down with below-market fixed rates for qualifying businesses.

Mezzanine / Pref Equity

10%, 15% | Custom terms

Subordinate financing for larger NYC transactions. Essential for high-cost Manhattan and Brooklyn developments where equity requirements are substantial.

CMBS Loans

5.75%, 7.25% | 5-10 yr terms

Non-recourse conduit financing for larger NYC commercial properties. Competitive fixed rates with higher leverage.

Property Types We Finance in New York

Multifamily

Mixed-Use

Office

Retail

Hospitality

Industrial

Co-op / Condo

Self-Storage

Medical Office

Special Purpose

How It Works

Tell Us About Your NYC Deal

Fill out the form or call us with your property details, loan amount, and timeline. We respond within 24 hours.

We Shop Your Deal

We present your deal to lenders active in the New York market and collect competing term sheets. You review and select the best option.

We Close Your Loan

We manage the full process, underwriting, appraisal, legal, title, and coordinate everything through funding.

The Commercial Lending Solutions Advantage

Access to 1,000+ lenders, banks, credit unions, life companies, CMBS, debt funds, and private lenders
Experience with NYC rent-stabilized buildings, mixed-use properties, and co-op/condo structures
One application, multiple competing term sheets
No upfront fees, we only get paid when your loan closes
Institutional-level execution with personal, one-on-one service
Deep expertise across all five boroughs and the Tri-State area
Over $1 billion in commercial loans closed nationwide

Prefer to talk? Call the broker directly.

310.758.4042

Trevor Damyan · Mon-Fri 9am-5pm PT

Get Your NYC Commercial Loan Quote

Fill out the form below. We respond within 24 hours.

First Name *

Last Name *

Email *

Phone *

Loan Amount

Property Type

Loan Type

Property Address *

Purpose

Deal Details

Or use our full application · Call 310.758.4042

FAQ

New York Commercial Loan Questions

Yes. Rent-stabilized multifamily is one of NYC's most common property types, and we work with lenders who specialize in this asset class. Since the 2019 HSTPA reforms limited rent increases and eliminated vacancy decontrol, many lenders have pulled back from rent-stabilized lending. We maintain relationships with banks, credit unions, and debt funds that understand how to underwrite regulated rent rolls and are actively lending on these properties across all five boroughs.

Yes. Office-to-residential conversion is one of the most active deal types in New York right now, driven by high office vacancy and strong residential demand. These projects require specialized financing, typically a combination of bridge or construction loans for the conversion period, followed by permanent financing once the building is stabilized. We work with lenders experienced in conversion projects and can structure the full capital stack.

As of early 2026, commercial mortgage rates in New York vary by loan type: permanent loans range from approximately 5.50% to 7.50%, bridge loans from 8% to 11%, SBA 504 loans from 5.75% to 6.75%, and construction loans from 7% to 10%. NYC properties in prime locations with strong tenancy may qualify for more competitive terms. Rent-stabilized properties may see slightly wider spreads due to regulatory risk. Contact us for a rate quote specific to your deal.

Absolutely. Brooklyn, Queens, the Bronx, and Staten Island represent some of the best value in the NYC market. We are very active in all outer boroughs and work with lenders who understand neighborhood-level dynamics, from Williamsburg's rapid appreciation to the Bronx's workforce housing demand. Outer borough properties often offer higher yields than Manhattan and attract strong lender interest.

No. There is no upfront cost for a consultation or loan quote. Our brokerage fee is earned at closing when your loan funds, meaning our interests are aligned with yours, we don't get paid unless you get financed.

Important Loan Disclosures

Representative Example: An $8,000,000 permanent commercial mortgage at a 6.75% fixed rate with a 10-year term and 30-year amortization would have an estimated monthly principal and interest payment of approximately $51,900. Total amount repayable over the 10-year term: approximately $6,228,000 (balloon balance due at maturity). This example is for illustrative purposes only; your actual rate, payment, and terms may differ.

Rate Range: Commercial mortgage rates currently range from approximately 5.85% to 7.50%, depending on loan type, property type, leverage, borrower qualifications, and market conditions at the time of funding.

Fees: Origination fees typically range from 0.5% to 2.0% of the loan amount. Additional costs may include appraisal ($3,000-$10,000), legal fees ($5,000-$15,000), title insurance, environmental reports, and third-party inspections. All fees will be disclosed in writing before loan commitment.

Loan Terms: Commercial mortgage terms range from 5 to 30 years with 25-30 year amortization schedules. Maximum loan-to-value (LTV) up to 75% for most programs. Loans may be recourse or non-recourse depending on the program and lender. Prepayment penalties may apply.

Risks: Commercial real estate loans carry inherent risks including but not limited to: property value decline, interest rate changes, inability to refinance at maturity, tenant vacancy, and potential loss of invested equity or the property itself. Borrowers should consult with qualified financial, legal, and tax advisors before committing to any loan.

Broker Disclosure: Commercial Lending Solutions (Commercial Lending Solutions) is a commercial mortgage brokerage, California DRE License #02244836. Commercial Lending Solutions does not make loans directly. All loans are originated and funded by third-party lenders. Commercial Lending Solutions receives compensation from the borrower, the lender, or both upon successful loan closing. Commercial Lending Solutions is not affiliated with or endorsed by any specific lender.

Commercial Mortgage Loans in New York