Mixed Use/Commercial Mortgages: the ideal solution.
Often small businesses have special needs and we can help. If you need a loan to finance a multi-family, commercial, or even property for business and residential use, look no further. Our dedicated team of experienced Commercial Loan Specialists will help select the loan that best fits your needs.
Astoria Bank offers a variety of competitively priced, fixed-interest rate, permanent mortgage options for commercial properties. Including underlying cooperatives located within the five boroughs of New York City, Nassau, Suffolk and Westchester Counties. Loan features include:
- Loans up to $5,000,000
- Competitive interest rates
- 5 to 25 year terms
- Loan-to-value ratio up to 75%
- Amortization up to 25 years
- Flexible repayment terms
- Purchase and refinance are both available