Bridge Loans · New York City
Bridge loans for NYC investors, all five boroughs.
A direct private lender providing bridge loans in Manhattan, Brooklyn, Queens, Bronx and Staten Island. Closing in New York real estate takes time, and knowledge of the local market, asset-based underwriting, and a closing process tailored to the NYC market.
Direct NYC Bridge Lender
Capital that moves at the speed of the New York market.
A bridge loan in NYC must take into consideration the details a national loan program wouldn’t consider: co-op board timelines, condo conversion mechanics, mixed-use zoning quirks, and a competitive market where a slow close costs you the deal. As Benchmark Bridge Capital underwrites and funds locally, there is no need for a bridge lender to shop your file around to other capital sources.
Whether you are closing in Long Island City or the Lower East Side, we do our asset-based underwriting borough by borough, deal by deal, as direct bridge loan lenders in the NYC Metro area.
Borough Coverage
Local underwriting across all five boroughs.
Each borough brings its own property types, buyer pools, and closing dynamics. Here’s how our lending typically breaks down.
Manhattan
Condo conversions, mixed-use acquisitions, and high-value multifamily repositioning where speed and discretion both matters.
Brooklyn
Multifamily acquisitions, brownstone renovation, and value-add mixed-use deals across a fast-moving borrower base.
Queens
Multifamily and mixed-use acquisitions, including co-op-to-condo conversion projects in transitioning corridors.
The Bronx
Multifamily acquisition and value-add repositioning, with growing demand for renovation-inclusive bridge capital.
Staten Island
Small-to-mid multifamily and mixed-use financing for investors building a footprint in the borough's lower-density corridors.
NYC Metro
We also fund bridge loans across Nassau County and Suffolk County for investors working the broader NYC Metro market.
Typical NYC Deal Types
Structured around how New York deals actually work.
Co-Op & Condo Conversions
Conversion
Funding to convert a building and move it from one unit to another prior to a sale or refinance of the units.Multifamily Acquisitions
Acquisition
Rapid closings in all the five boroughs in multifamily buildings that are appropriately sized to the deal, not a standard program.Mixed-Use Property Deals
Mixed-Use
Loans for buildings with a mix of retail, office or commercial space and residential units, a common NYC asset type.Value-Add Renovation & Repositioning
Repositioning
Funds for acquisition or renovation of the building to be qualified for re-tenancy or repositioning prior to a refinance or sale.Direct Lender vs. Bank
Why NYC investors choose a direct private lender.
Banks and direct bridge lenders solve different problems. In a market where timing decides who gets the deal, the difference matters.
| Feature | Direct Private Bridge Lender | Traditional Bank |
|---|---|---|
| Underwriting Basis | Asset value and business plan | Borrower financials, credit committee review |
| Typical Time to Close | Days to a few weeks | 45 to 90-plus days |
| Property Condition | Transitional, vacant, or under-stabilized accepted | Typically requires stabilized, leased property |
| Decision-Making | Direct, in-house credit decisions | Multi-level committee approval |
| Documentation | Minimal, deal-focused | Extensive personal and entity documentation |
| Best Used When | Timing or property condition rules out a bank | Long-term hold on a fully stabilized asset |
Loan Parameters
NYC bridge loan amounts and terms.
Figures reflect our current NYC bridge lending scope. Confirm live rates and structuring on a per-deal basis before publishing or quoting.
| Parameter | NYC Bridge Loan Terms |
|---|---|
| Loan Amount | $250,000 to $50,000,000+ |
| Max Loan-to-Cost (LTC) | Up to 85% |
| Term Length | 6 to 24 months |
| Eligible Borrowers | LLC and corporate entities only |
| Property Types | Multifamily, mixed-use, co-op/condo conversion, and select commercial |
| Funding Timeline | As fast as days from a complete submission |
| Coverage | Manhattan, Brooklyn, Queens, the Bronx, Staten Island, and NYC Metro |
STRATEGIC CAPITAL ADVISORS
Frequently Asked Questions
NYC bridge loans, answered directly.
Do you lend in all five boroughs?
Yes, Bridge loans are available in Manhattan, Brooklyn, Queens, Bronx, Staten Island, Nassau County and Suffolk County in the NYC Metro area.
What is the quickest time period to close on a property in NYC?
Underwriting is asset-based and most NYC bridge loans can close in a few days to a few weeks from a full submission, which is significantly faster than a bank underwriting process.
What are the differences between bridge lenders and a bank on a deal in NYC?
It is a direct bridge lender that has the property and business plan underwritten in-house and the funds sourced from their capital which significantly reduces the number of approval layers and the time to close compared to a bank’s committee driven process.
Are you able to afford a conversion to a co-op or condo?
Yes, Bridge capital to acquire and carry buildings in the context of co-op to condo conversion, prior to the sale of units and/or permanent refinancing.
What types of borrowers are eligible to receive loans from a NYC bridge lender, such as Benchmark Bridge Capital?
All loans are made to an LLC or corporate borrower, for commercial and investment purposes. We do not make homeowner loans for people who own their own home.
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