Commercial Loan Direct (CLD) provides apartment loans in New York. Current apartment loan rates in New York range from 4.73% to 12.75%, depending on the loan program.
For more in-depth multifamily interest rates, please visit our Apartment Loan Rates page.
Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.
We are proud to be serving the state of New York. Here are our commercial loan statistics for this state.
215
New York is one of the most complex and active multifamily lending markets in the country, driven by strong demand, high population density, and significant housing constraints. Lending conditions vary widely between New York City and the rest of the state, with underwriting heavily influenced by rent regulations, operating costs, property taxes, and local market liquidity.
New York lenders focus heavily on regulatory risk, expense stability, and conservative income assumptions. In New York City and other regulated markets, rent laws and tenant protections play a major role in loan sizing and structure.
A detailed and well-supported loan package is essential in New York, where lenders closely evaluate both property performance and borrower strength.
New York offers long-term demand and strong rental fundamentals, but lenders balance this with caution due to regulatory complexity and high operating costs. Borrowers who present conservative assumptions and strong financial capacity typically achieve the best financing outcomes.
Commercial loan direct provides services in the following New York cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided New York economic reports to get a better understanding of your market.
Get a free commercial loan quote. This process does not affect your credit score.
What Clients Say About Us
Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever
- Nirav Patel
If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.
- Vincent Arias
We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them
- Rita Pisarski
We found an account with the email address you provided. Let's get you logged in by putting your password below.