Queens, NY · Ground-Up Construction Loans
Ground-Up Construction Loans in Queens
Fund land, build, and long-term refi in one seamless loan.
Why Queens investors choose 818
Queens remains the last NYC borough where 2–4 unit investor deals pencil at scale — Astoria, Jackson Heights, Elmhurst, and Flushing all show 5.5–7%+ gross yields. The catch: mixed-use properties (storefront + residential) require a lender who underwrites both the commercial NOI and the residential DSCR correctly.
Our edge here: Queens mixed-use and 5–9 unit deals are our sweet spot. We blend DSCR and small-balance multifamily products when traditional lenders can't.
Ground-Up Construction Loans: Queens terms
Term
12–24 month construction, converts to 30-year DSCR
Leverage
Up to 85% LTC, 70% LTV on completion
Credit minimum
680
Close time
30–45 days
Qualification
Pro-forma DSCR + sponsor build experience
Ideal for
Developers building 1–20 unit ground-up spec, BRRRR investors building instead of buying existing stock, and infill builders with approved permits.
Program details that apply in every market: Ground-Up Construction Loans — national program page
Common questions — Queens construction loans
Does 818 Capital offer construction loans in Queens?
Yes. 818 Capital Partners is a direct private lender originating Ground-Up Construction Loans for investor properties throughout Queens and the greater Queens County market. Fund land, build, and long-term refi in one seamless loan.
What are typical construction loan terms in Queens?
12–24 month construction, converts to 30-year DSCR. Up to 85% LTC, 70% LTV on completion. Minimum credit score 680. Typical close time: 30–45 days. Qualification: Pro-forma DSCR + sponsor build experience.
What Queens neighborhoods do you lend in?
We actively finance construction loans across Astoria, Jackson Heights, Flushing, Ridgewood, Forest Hills, and other submarkets of Queens County.
How fast can 818 Capital close a construction loan in Queens?
Our typical close time for a Ground-Up Construction Loans is 30–45 days. On urgent deals we've closed faster — ask for a same-day term sheet.
Other loan programs in Queens
DSCR Rental Loans
30-year fixed. No personal DTI. Closes on property cash flow.
Fix & Flip Loans
Up to 90% LTC. 75% ARV. 12-month terms.
Short-Term Rental (STR) Loans
Underwritten on AirDNA revenue, not LTR shadow rents.
Apartment & Multifamily Loans
5+ unit apartment buildings. Bridge, value-add, and long-term.
Bridge Loans
Fast, flexible capital for time-sensitive acquisitions.
Ground-Up Construction Loans in other markets
Ready to close your Queens deal?
Submit a scenario. We\'ll come back with a real term sheet — not a teaser rate — within 24 hours.