| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 24th | Fair |
| Demographics | 36th | Poor |
| Amenities | 14th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Schuyler St, Jamestown, NY, 14701, US |
| Region / Metro | Jamestown |
| Year of Construction | 1980 |
| Units | 84 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Schuyler St, Jamestown NY Multifamily Investment
Stabilized renter demand in an inner-suburban pocket with modest rent levels and a high renter-occupied share at the neighborhood level, according to WDSuite’s CRE market data, supports a durable tenant base for an 84-unit, 1980-vintage asset.
This inner-suburban Jamestown neighborhood rates C+ among 64 metro neighborhoods, indicating middle-of-the-pack fundamentals relative to the region. Grocery access stands out: the neighborhood ranks 2nd of 64 for grocery stores per square mile and sits in the 81st percentile nationally, a daily convenience that helps retention even where other amenity categories are thinner.
Neighborhood rents are modest (median contract rent measured locally), and the rent-to-income ratio sits in a higher national percentile for renter sustainability. For investors, this suggests lower affordability pressure and potential for steady lease performance rather than rapid top-line growth. The average school rating is below national norms (around the 15th percentile), which can temper demand from families but is typical for workforce-oriented submarkets.
Renter concentration is elevated: a large share of housing units are renter-occupied (ranked 6th of 64 metro neighborhoods and in a high national percentile). That depth of renter households supports multifamily absorption and reduces leasing friction when units turn.
Within a 3-mile radius, demographics show a stable-to-improving demand backdrop. While the recent period reflected a slight population dip, WDSuite’s data indicates rising median incomes and a forecast increase in households by the next five years, pointing to a larger tenant base and support for occupancy stability. With most neighborhood housing stock averaging 1902 construction, the subject’s 1980 vintage is newer than nearby inventory, enhancing competitive positioning while leaving room for targeted modernization to capture value-add upside.
Safety signals are mixed and should be monitored. Within the Jamestown–Dunkirk–Fredonia metro, the neighborhood’s crime rank is 3rd out of 64 (a lower rank indicates comparatively higher crime locally), yet its overall safety positioning compares more favorably at the national level (around the mid-to-higher percentiles nationwide). Property offenses show a recent year-over-year decline, while violent incident metrics exhibited volatility. For investors, this argues for prudent security measures and underwriting that accounts for potential variability, while recognizing improving trends in certain categories.
Regional employment anchors within roughly 40–45 miles provide diversified job bases that can support renter demand from commuting households, including industrial and insurance sectors listed below.
- Parker-Hannifin — industrial manufacturing (42.1 miles)
- Erie Insurance Group — insurance services (42.4 miles) — HQ
The 84-unit property at 200 Schuyler St was built in 1980, notably newer than much of the surrounding housing stock. That relative vintage supports competitive positioning versus older neighborhood assets, with potential value-add through targeted interior and system upgrades. A high share of renter-occupied housing units in the neighborhood underpins depth of tenant demand, while modest local rent levels and a favorable rent-to-income relationship support retention and occupancy stability, based on CRE market data from WDSuite.
Within a 3-mile radius, WDSuite indicates improving income trends and a forecast increase in households over the next five years, pointing to a larger renter pool. Strong grocery access enhances daily convenience, balancing thinner densities of other amenities. Key risks include intra-metro safety rank variability, below-average school ratings, and potential competition from relatively accessible ownership options—considerations that warrant conservative underwriting and focused asset management.
- 1980 vintage is newer than nearby stock, offering competitive positioning with clear modernization upside
- Elevated renter-occupied share supports demand depth and leasing stability
- Modest local rents and rent-to-income dynamics favor retention and occupancy
- 3-mile outlook shows income gains and household growth, expanding the renter pool
- Risks: intra-metro safety ranking, below-average schools, and competition from ownership options