New York’s commercial real estate market is the largest and most complex in the world. New York City’s five boroughs offer opportunities across every asset class, while Buffalo, Rochester, and Syracuse present significantly more affordable markets with strong cap rates. Upstate New York is increasingly attractive to investors priced out of downstate markets.
Commercial Loans of Texas is a direct lender headquartered in Magnolia, TX, serving New York and 43 other states nationwide. We make our own credit decisions — no broker, no middleman, no surprises at closing. Our borrowers in New York typically close in 5–15 business days.
Commercial Loan Programs Available in New York
We offer every major commercial loan program in New York, from fast hard money loans to long-term 30-year fixed financing. Most programs require no tax returns and no upfront fees.
- Hard Money Loans — Asset-based lending up to 70% LTV. No income docs. Close in 5–10 business days. Ideal for acquisitions, fix-and-flip, and value-add commercial properties in New York.
- DSCR Loans — Qualify on the property’s rental income, not your W-2 or tax returns. Great for investment properties and landlords across New York.
- Stated Income Commercial Loans — No tax returns required on most programs. Built for self-employed borrowers, business owners, and investors in New York.
- SBA 7(a) and SBA 504 Loans — Government-backed financing for owner-occupied commercial real estate and business acquisitions. Available statewide in New York.
- Bridge Loans — Short-term capital to close quickly while permanent financing is arranged. Common in competitive New York markets.
- Construction Loans — Ground-up construction and major renovation financing for commercial projects throughout New York.
- Multifamily Loans — 5+ unit apartment financing with competitive rates, available in every market in New York.
- 30-Year Fixed Commercial Loans — Long-term, fixed-rate commercial financing for stabilized investment properties.
Property Types We Finance in New York
- Office buildings and medical office
- Retail strip centers and single-tenant NNN properties
- Industrial, warehouse, and flex space
- Multifamily (5+ units) and mixed-use buildings
- Self-storage facilities
- Hotels, motels, and short-term rental properties
- Church and faith-based properties
- Special use and non-warrantable properties
- Land and ground-up development
Loan Terms for New York Borrowers
| Feature | Details |
|---|---|
| Loan Amounts | $150,000 – $5,000,000+ |
| Max LTV | Up to 70–75% depending on program |
| Loan Term | 12 months to 30 years |
| Income Docs | None required on most programs |
| Min Credit Score | 600+ (some programs lower) |
| Closing Time | 5–15 business days typical |
| Upfront Fees | None |
| States | 43 states including New York |
Cities We Serve in New York
We lend on commercial properties throughout New York, including New York City, Buffalo, Rochester, Yonkers, Syracuse. If the property is in New York — urban, suburban, or rural — we can structure a loan for it. Contact us for a same-day quote regardless of location within the state.
Why New York Borrowers Choose Us Over Local Banks
Local banks in New York are often slow, require mountains of documentation, and reject borrowers who don’t fit a narrow qualification box. We work differently.
- Direct lender since 1998 — We fund our own loans. No brokers, no referral fees passed to you, no committee approval delays.
- Same-day response — Submit your deal and hear back from a decision maker within hours, not days or weeks.
- No upfront fees — We never charge application fees, processing fees, or due diligence fees before closing.
- No tax returns on most programs — We qualify based on the asset and its income, not your personal tax history.
- Fast closings — Most New York commercial loans close in 5–15 business days from application to funding.
- Common-sense underwriting — We look at the deal, not just the borrower’s credit file. If the property makes sense, we find a way to fund it.
Frequently Asked Questions — Commercial Loans in New York
Do I need a New York business entity to get a commercial loan?
No. You can borrow as an individual, LLC, corporation, or partnership. Most investors use an LLC for liability protection, but it is not required to qualify. We lend to all entity types in New York.
How fast can you close a commercial loan in New York?
Most New York commercial loans close in 5–15 business days from application to funding, depending on the program and how quickly the appraisal is completed. Hard money loans can sometimes close in as little as 5 business days. We provide a same-day term sheet so you know exactly where you stand.
What Commercial Loan Programs Are Most Popular in New York?
Hard money and bridge loans are extremely popular in New York City for fast acquisitions in one of the world’s most competitive real estate markets. DSCR loans are widely used for New York’s massive multifamily investment market. Stated income programs are essential for New York’s enormous self-employed and entrepreneur population.
What is the minimum loan amount for commercial loans in New York?
Our minimum loan amount is $150,000 for commercial properties in New York. There is no maximum — we have closed loans well above $5 million. For deals under $150,000, we can sometimes make exceptions depending on the property type and location.
Ready to get a commercial loan in New York? Apply online here or call us at 877-895-3634. Same-day response, no credit pull, no upfront fees. We have been closing commercial loans since 1998 and we know how to get difficult deals done.
Commercial Loans by City in New York
We lend in every market in New York. Here is an overview of our activity in the state’s major commercial real estate markets.
Commercial Loans in New York City, New York
New York City is the world’s largest commercial real estate market, offering unparalleled liquidity, diversity of asset classes, and long-term value appreciation. From Manhattan’s trophy office towers to Brooklyn’s booming retail corridors and the Bronx’s affordable multifamily opportunities, every commercial lending program we offer has active deal flow in the five boroughs. Hard money and bridge loans are the most commonly used programs in NYC’s hyper-competitive market.
Commercial Loans in Buffalo, New York
Buffalo is undergoing a significant commercial real estate revival, with major healthcare and university anchors driving consistent demand and affordable property prices creating exceptional value-add opportunity. The Elmwood Village, Allentown, and downtown Buffalo are seeing active retail and mixed-use investment. Hard money and DSCR loans are popular for Buffalo’s growing investor community.
Commercial Loans in Rochester, New York
Rochester, New York is anchored by the University of Rochester, RIT, and a significant manufacturing legacy, creating consistent demand for office, industrial, and multifamily properties. Commercial prices are significantly more affordable than downstate markets, offering strong cap rates. DSCR and hard money loans are widely used.
Commercial Loans in Yonkers, New York
Yonkers is Westchester County’s largest city and one of the most active commercial markets in the New York metro, with strong multifamily demand driven by proximity to Manhattan. Hard money and bridge loans are essential for competitive acquisitions in this fast-moving market.
Commercial Loans in Syracuse, New York
Syracuse offers affordable commercial real estate with strong fundamentals anchored by Syracuse University, Upstate Medical University, and a significant manufacturing base. Multifamily and retail properties offer strong returns. DSCR and hard money loans are popular for Syracuse’s value-focused investor community.