How Much Does a Commercial Real Estate Underwriter Make in New York?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Commercial Real Estate Underwriter in New York is $77,880. While Salary.com is seeing that Commercial Real Estate Underwriter salary in NY can go up to $98,539 or down to $60,371, but most earn between $68,715 and $88,694. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Similar Job Salaries to Commercial Real Estate Underwriter by Company

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Company average base salary in (usd) range
Metropolitan Commercial Bank
Credit Underwriter, Commercial Real Estate (CRE)
$101,029/yr
$86,052
$116,006
RANGE: $86,052 - $116,006
CENTURY21 Bridgeway Realty
Commercial Real Estate Agent
$142,078/yr
$107,312
$176,844
RANGE: $107,312 - $176,844
Allegiant Real Estate Capital, LP
Commercial Real Estate Intern
$101,397/yr
$87,908
$114,887
RANGE: $87,908 - $114,887
Capital Real Estate Advisors Corp.
Commercial Real Estate Broker
$129,568/yr
$102,116
$157,019
RANGE: $102,116 - $157,019
BBG, INC
Commercial Real Estate Appraiser
$100,132/yr
$85,082
$115,183
RANGE: $85,082 - $115,183
Besen Partners
Commercial Real Estate Agent
$176,209/yr
$139,495
$212,923
RANGE: $139,495 - $212,923
Ironhorn Enterprises Inc.
Paralegal Commercial Real Estate
$83,263/yr
$73,275
$93,251
RANGE: $73,275 - $93,251
TBG | The Bachrach Group
Commercial Real Estate Paralegal
$224,133/yr
$188,166
$260,100
RANGE: $188,166 - $260,100
Royalty Hospitality Staffing
Commercial Real Estate Paralegal
$228,038/yr
$191,444
$264,631
RANGE: $191,444 - $264,631
StreetID
Commercial Real Estate Analyst
$103,650/yr
$84,337
$122,962
RANGE: $84,337 - $122,962

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Top 10 Highest Paying Cities For Commercial Real Estate Underwriter Jobs in New York

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Real Estate Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Real Estate Underwriter job salaries in New York. Some cities can pay higher salaries for Commercial Real Estate Underwriter jobs, which can indicate that there is a large demand for Commercial Real Estate Underwriter positions in this city.
The following table shows top 10 cities where the Commercial Real Estate Underwriter salary is higher than other cities in New York. New York takes first place in this list, followed by Bronx, Brooklyn. The Commercial Real Estate Underwriter salary is $85,332 in New York, which is higher than the national average. There are 17 cities' Commercial Real Estate Underwriter salary higher than national average in New York.
The average salary for a Commercial Real Estate Underwriter in New York is $77,880, but we found that the city with the highest salary for Commercial Real Estate Underwriter jobs is New York, NY, and it is higher than Bronx. Commercial Real Estate Underwriter jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
New York $85,332 $7,111 $1,641 $41
Bronx $85,332 $7,111 $1,641 $41
Brooklyn $85,332 $7,111 $1,641 $41
Queens Village $84,747 $7,062 $1,630 $41
Yonkers $84,090 $7,007 $1,617 $40
Mount Vernon $84,017 $7,001 $1,616 $40
Huntington $83,286 $6,941 $1,602 $40
New Rochelle $83,067 $6,922 $1,597 $40
Staten Island $81,971 $6,831 $1,576 $39
Levittown $80,145 $6,679 $1,541 $39

What Does a Commercial Real Estate Underwriter Do?

By enlisting a broker to assist you with the underwriting process, you will be able to focus on the commercial real estate investment itself and evaluating the results of the model rather than spending time and energy building the model itself.
Updated November 03, 2021
To better understand how to underwrite real estate, let's take a closer look at what the underwriter does.
Updated September 29, 2021
Worried that the lender may turn down your commercial real estate property loan? You can increase your chances of getting approved by following these tips:.
Updated December 22, 2021
To get you up to speed, let's cover the basics you need to know about underwriting real estate, including:.
Updated December 21, 2021
People who have been in the commercial real estate business for any length of time have heard of an Offering Memorandum (OM).
Updated December 07, 2021

Frequently Asked Questions About a Commercial Real Estate Underwriter Salaries

What is the average of a Commercial Real Estate Underwriter in New York?

The Commercial Real Estate Underwriter salary range is from $68,715 to $88,694, and the average Commercial Real Estate Underwriter salary is $77,880/year in New York. The Commercial Real Estate Underwriter's salary will change in different locations.

Which location pays the highest Commercial Real Estate Underwriter salary in the United States?

The Commercial Real Estate Underwriter salary in San Jose, CA is $91,688 which is the highest in the US.

What kinds of reasons will influence the Commercial Real Estate Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Commercial Real Estate Underwriter.

What is the growth rate of the Commercial Real Estate Underwriter's salary?

If you are thinking of becoming a Commercial Real Estate Underwriter or planning the next step in your career, find the detailed salary report of a Commercial Real Estate Underwriter.