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Private Lending in New York

Residential investment financing across New York’s major metropolitan areas. Bridge, DSCR, fix & flip, new construction, and build-to-rent programs.

Investing in New York

New York's real estate market spans from Manhattan's elite institutional territory to upstate secondary markets. NYC's $650,000+ median reflects global capital concentration, while Buffalo, Rochester, and Albany offer value-add entry points. State income tax (6.85% top rate) and high property taxes (1.7%+) limit DSCR cash-flow appeal but favor bridge and refinance strategies.

New York's robust construction activity, strong professional employment, and institutional depth support complex residential development. For operators with sophisticated capital structures and refinance expertise, New York offers substantial leverage and velocity opportunities outside the five NYC boroughs (NYC is currently outside our lending footprint; we actively lend across the rest of New York State).

New York Markets We Serve

We lend across New York’s major metropolitan areas. If your project is in or near one of these markets, we want to hear about it.

Long Island Westchester Hudson Valley Albany Buffalo Rochester Syracuse
New York areas currently ineligible: The five NYC boroughs (Manhattan, Brooklyn, Queens, the Bronx, Staten Island) are outside our lending footprint. We lend actively across the rest of New York State, from Long Island suburbs through upstate metros.

Available in New York

Every loan program we offer is available to qualified borrowers and properties in New York.

Market Snapshot

Median Home Price
$500,000
Property Tax Rate
1.72%
Population Growth
-0.1% annually
Annual Permits
~38,000 (2025)
Landlord Friendly
Mixed
Top Yield Market
Buffalo

What Works in New York Right Now

Long Island & Westchester Value-Add

Long Island's North Shore and Westchester's established suburbs command premium exit pricing but require disciplined acquisition. Bridge finance supports purchase and light-to-heavy rehab on 1-4 unit residential. Rehab-to-refi or rehab-to-sale exits, typically 12-18 month hold.

Buffalo Revitalization & Adaptive Reuse

Buffalo's lower cost basis ($120K–$180K) and ongoing revitalization create opportunities. Bridge finance acquisition and value-add. 10–15 month repositioning. Exit into refinance or institutional sale.

Upstate Multi-Unit Conversion

Rochester, Syracuse, and Albany offer lower entry ($100K–$160K per unit) with strong value-add conversion opportunity. Finance commercial-to-residential and industrial-to-loft projects where the stabilized exit is 100% residential rental. Federal opportunity zones enhance returns.

Frequently Asked Questions

What are New York's property tax and income tax rates?
New York property tax averages 1.72% of assessed value. NYC is higher (~1.8%). State income tax tops at 6.85%. Combined tax burden is substantial and limits DSCR cash-flow returns. Focus on appreciation and refinance strategies.
Are there tenant protections in New York?
New York has strong tenant protections, especially in NYC. Rent control and stabilization limit rental increases. Evictions require just cause and follow statutory procedures. Eviction timelines are 4–6+ weeks. Consult local counsel.
Does New York allow unlimited rent increases?
New York City has extensive rent control and stabilization. Increases are limited. Outside NYC, market rents apply but many municipalities have local protections. Check local rules carefully.
What DSCR cap rates can I expect in New York?
NYC DSCR cap rates are 1–2% due to tax burden and strong valuations. Upstate Buffalo and secondary markets support 4–5% cap rates. Focus on appreciation rather than cash flow.

Also Lending In

Start Your New York Investment

Our team has deep experience financing residential projects across New York. Reach out to discuss your next deal.

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