The Long Island, New York, multifamily market is seeing the gap between the average monthly mortgage payment and the average rent for four- and five-star apartments continue to widen.
Long Island top-tier apartment segment enjoys nearly 40% discount to mortgage payments
Monthly mortgage payments on Long Island, New York, have increased by more than 90% since the end of 2019
By Jared Koeck
CoStar AnalyticsApril 20, 2026 | 6:32 P.M.
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