New York City, NY · Updated August 3, 2026
New York City Apartment/Multifamily Loans
Select Commercial arranges apartment/multifamily loans across all five boroughs of New York City, Manhattan, Brooklyn, Queens, the Bronx and Staten Island, for stabilized 5+ unit properties from $1.5M, with competitive fixed rates, up to 80% LTV and no upfront fees. NYC is the largest and deepest rental market in the country, and we finance walk-ups, elevator buildings, mixed-use and underlying co-op properties throughout the city.
Get an NYC Quote| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.18% | Up to 80% |
| 7 Year Fixed | 6.14% | Up to 80% |
| 10 Year Fixed | 6.28% | Up to 80% |
Large-balance NYC multifamily over $6M is placed through agency, bank and life-company programs.
Financing NYC Apartment Buildings
New York City underwriting reflects the city’s unique regulatory environment, rent stabilization, local law compliance and building-class considerations all shape value and proceeds. As a broker working with Fannie Mae, Freddie Mac, portfolio banks, credit unions and life companies, we match each NYC property to the lender most comfortable with its rent roll and borough. New apartment deliveries remain constrained relative to the city’s vast renter base, keeping well-located rental assets in steady demand.
Boroughs & property types we finance
- Manhattan elevator and walk-up rental buildings
- Brooklyn and Queens multifamily and mixed-use
- Bronx and Staten Island rental communities
- Underlying co-op and 5+ unit stabilized properties
Loan Programs for This Property
Every apartment/multifamily loan we arrange is placed through one of these programs. Explore the options that fit your property and business plan:
Fannie Mae Multifamily
Agency loans with some of the lowest fixed rates for stabilized 5+ unit properties.
Freddie Mac Multifamily
Conventional and value-add agency execution for larger balances.
Freddie Mac SBL
Small Balance Loan program, streamlined for loans up to $6 million.
FHA / HUD Multifamily
Long-term, fully amortizing, non-recourse financing.
CMBS Loans
Non-recourse conduit loans for stabilized apartment assets.
Bridge Loans
Short-term capital for acquisition, lease-up and repositioning.