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Commercial Loans

Commercial Real Estate Loans in New York

Financing for multifamily, mixed-use, retail, office, and industrial properties in New York. 50+ lenders competing for your deal.

Get Pre-Qualified →Call (732) 754-2144

Why New York Is a Strong Market for Commercial Real Estate Investment

New York offers strong opportunities for commercial real estate investors across multiple asset classes. Growing population trends, strong employment fundamentals, and increasing demand for multifamily housing and mixed-use development make New York a prime market for commercial property acquisitions and refinances.

Whether you're acquiring a multifamily apartment complex, refinancing a retail center, or developing a mixed-use project, Sinai Capital connects you with 50+ commercial lenders who compete to offer the best rate and terms for your New York deal. From bridge loans for value-add acquisitions to permanent financing for stabilized assets, we cover the full spectrum of commercial real estate lending.

New York Real Estate Market at a Glance

Median Home Price

$430,000

Median Rent

$2,400

Avg Cap Rate

5.5%

Foreclosure Type

Judicial

State Income Tax

Yes

Landlord Friendly

Moderate

Buffalo and Rochester have emerged as investor favorites in New York, offering median home prices under $200,000 with rents that produce DSCR ratios well above 1.25.

Top New York Markets for Commercial Real Estate

New York City, NY

Active commercial lending market with strong multifamily and mixed-use demand

Buffalo, NY

Active commercial lending market with strong multifamily and mixed-use demand

Rochester, NY

Active commercial lending market with strong multifamily and mixed-use demand

Syracuse, NY

Active commercial lending market with strong multifamily and mixed-use demand

Albany, NY

Active commercial lending market with strong multifamily and mixed-use demand

Commercial Loan Requirements in New York

Loan-to-Value (LTV)Up to 80% (varies by property type and lender)
Loan Terms5-30 year terms with various amortization schedules
Interest Rates6% - 12% (depends on deal structure and asset class)
Loan Amounts$250,000 - $50,000,000
Minimum Credit Score660+ (700+ for best rates)
Time to Close20-45 days (bridge as fast as 10-14 days)
DSCR Requirement1.20x+ typical (varies by lender and property type)
Property TypesMultifamily (5+), mixed-use, retail, office, industrial, self-storage, hospitality
OccupancyInvestment and owner-occupied commercial properties
Recourse OptionsRecourse and non-recourse available depending on deal size

New York Lending Regulations & Tax Considerations

Foreclosure & Lending Laws

New York uses a judicial foreclosure process that is among the slowest in the nation, often taking 12-18 months or longer. NYC has extensive rent regulation laws affecting older apartments. The state enacted the Housing Stability and Tenant Protection Act in 2019, which strengthened tenant protections significantly.

Tax Implications for Investors

New York has state income tax rates up to 10.9%, with additional NYC income tax of up to 3.876% for properties in the five boroughs. Property tax rates vary dramatically - upstate rates can exceed 2.5%, while NYC effective rates are around 0.88%. Transfer taxes also apply to sales.

How to Get a Commercial Loan in New York

1

Tell us about your deal

Fill out a quick pre-qualification form with your New York commercial property details, loan amount, and timeline. Takes about 2 minutes. No credit pull required.

2

We shop 50+ lenders for your best rate

We send your deal to our network of 50+ commercial lenders who specialize in New York investment properties. Each lender competes to offer you the best rate and terms for your specific asset class.

3

Choose your terms and close

Pick the offer that works best for your New York commercial investment. We handle the paperwork and push your deal to closing. Most commercial loans close in 20-45 days.

New York Commercial Real Estate Loan FAQ

What types of commercial properties can I finance in New York?+
We finance a wide range of commercial properties in New York, including multifamily (5+ units), mixed-use buildings, retail centers, office buildings, industrial warehouses, self-storage facilities, and hospitality properties. Each property type has specific underwriting criteria, but our network of 50+ lenders covers virtually every commercial asset class.
What are commercial real estate loan rates in New York?+
Commercial real estate loan rates in New York typically range from 6% to 12%, depending on the property type, loan-to-value ratio, borrower experience, and deal structure. Stabilized multifamily properties tend to get the lowest rates, while value-add or transitional properties may be on the higher end. Working with Sinai Capital means 50+ lenders compete to offer you the best rate.
What is the minimum loan amount for a commercial loan in New York?+
The minimum commercial loan amount we handle in New York is $250,000. Our lenders can finance deals up to $50 million. For smaller commercial deals under $250K, a portfolio loan or conventional investment property loan may be a better fit.
What DSCR is required for a commercial loan in New York?+
Most commercial lenders in New York require a minimum Debt Service Coverage Ratio (DSCR) of 1.20x, meaning the property's net operating income must be at least 1.20 times the annual debt payments. Some lenders may go as low as 1.0x for strong borrowers or accept interest-only structures that improve cash flow metrics.
Are commercial loans recourse or non-recourse in New York?+
Both recourse and non-recourse options are available for commercial properties in New York. Non-recourse loans (where the lender can only go after the property, not your personal assets) are common for larger deals, typically $1M+ on stabilized assets. Recourse loans are more common for smaller deals and may offer better rates. Our lenders offer both structures depending on the deal.
How fast can I close on a commercial loan in New York?+
Commercial loans in New York typically close in 20-45 days depending on the deal complexity, property type, and lender. Bridge and hard money commercial loans can close in as few as 10-14 days for time-sensitive acquisitions. Larger or more complex deals with SBA or CMBS financing may take 60-90 days.

Ready to Finance a Commercial Property in New York?

We shop your New York commercial deal to 50+ lenders to find you the best rate. No credit pull. No commitment. Takes 2 minutes.

Get Pre-Qualified →Call (732) 754-2144

Other Loan Products Available in New York

DSCR LoansBridge LoansFix-and-Flip LoansCash-Out RefinanceConstruction LoansPortfolio LoansForeign NationalBank Statement

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