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Multifamily Loans in
Valley Stream, NY

Overview

Valley Stream is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Valley Stream are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Valley Stream are some of the lowest nationally. Valley Stream apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Valley Stream.

Get multifamily loan quotes for Nov 29, 2021


Multifamily Loan Rates in Valley Stream, NY

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Valley Stream are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.54% - 4.24%
7 Year Fixed 3.48% - 4.18%
10 Year Fixed 3.59% - 4.29%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.14% - 3.84%
7 Year Fixed 3.08% - 3.78%
10 Year Fixed 3.19% - 3.89%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.01% - 3.26%
7 Year Fixed 3.25% - 3.70%
10 Year Fixed 3.23% - 3.63%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 11/28/2021. This is not an offer or commitment to lend. Multifamily loan rates in Valley Stream may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Nov 29, 2021


Multifamily Lenders in Valley Stream, NY

All major multifamily lender types are lending in Valley Stream.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Nov 29, 2021


Valley Stream Market

The city of Valley Stream in Nassau County has a population of 37,431. The median rent in Nassau County for a 2 bedroom is $2,190. The median Valley Stream resident is 41 years old with a yearly income of $43,616. The average family has 3.5 members and a median household income of $110,189. Valley Stream has a 39% higher education rate. The unemployment rate in Valley Stream is 5.8%.


Population
37,431 people

County
Nassau County

Renters

16.4% of Valley Stream households are renters.


Rent Burden

33.8% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Nassau County 1
New York 2
National 2
Studio $1,445 $909 $737
1 bedroom $1,786 $990 $813
2 bedroom $2,190 $1,202 $1,015
3 bedroom $2,804 $1,537 $1,325
4 bedroom $3,116 $1,692 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Valley Stream Demographics


Median Individual Income
$43,616 / year

Median Household Income
$110,189 / year

Families w/ Dual Incomes
67%

Unemployment Rate
5.8%
Household Income Distribution
Valley Stream, NY

Median Age
41 years

Avg Family Size
3.5 people
Age Distribution
Valley Stream, NY

College Education or Above
39%

STEM College Graduates
41%
Education Distribution
Valley Stream, NY
Source: U.S. Census Bureau

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