| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 48th | Best |
| Demographics | 55th | Fair |
| Amenities | 49th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Town Hall Dr, Hudson, NY, 12534, US |
| Region / Metro | Hudson |
| Year of Construction | 1985 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Town Hall Dr Hudson 27-Unit Multifamily
Steady renter demand and a competitive location underpin the thesis, with neighborhood occupancy trending in the mid-80s according to WDSuite’s CRE market data. The area’s renter-occupied share supports a consistent tenant base while ownership costs encourage reliance on multifamily housing.
Hudson’s neighborhood around 200 Town Hall Dr is rated A and is competitive among Hudson metro neighborhoods (ranked 3 out of 45). Local services are a strength: groceries and pharmacies rank near the top of the metro, and cafes/restaurants are above the metro median, indicating daily-needs convenience that supports renter retention. Nationally, amenity access sits around the middle of the pack, signaling adequate but not destination-level variety.
Neighborhood occupancy is in the mid-80s, measured for the neighborhood rather than the property, which suggests stable leasing conditions with room for asset-level differentiation through operations and finish quality. The share of housing units that are renter-occupied is in the mid-30s, indicating an ownership-leaning area with a meaningful tenant pool—often conducive to steady workforce housing demand.
Within a 3-mile radius, demographic trends point to gradual population growth and an expected increase in households alongside smaller household sizes. For investors, that combination typically expands the renter pool and supports occupancy stability over the medium term. Household incomes have been rising, and median rents have trended upward, reinforcing the case for sustained demand while putting a premium on thoughtful lease management and renewals.
Home values in the neighborhood are moderate relative to many coastal New York markets. In practice, that means some households will weigh ownership, but rent levels appear manageable for local incomes, limiting affordability pressure and supporting lease retention. These dynamics, combined with accessible daily amenities, provide a pragmatic backdrop for multifamily property research and underwriting.
Neighborhood-level crime metrics are not available in WDSuite for this location, so investors should benchmark city and county trends and consult recent comparable asset performance. When data is limited, prudent underwriting leans on regional comparisons and property-level controls (lighting, access management, and tenant screening) rather than block-level assumptions.
The broader employment base includes regional corporate offices that broaden the commuter tenant pool; nearby roles in technology support steady leasing for workforce-oriented assets. The list below reflects employers relevant to commute-driven demand.
- IBM — technology & corporate offices (27.2 miles)
Built in 1985, this 27-unit asset is newer than much of the surrounding housing stock, which skews earlier-vintage. That relative position can enhance competitiveness versus older inventory while leaving room for targeted modernization of systems and interiors to capture value-add upside. According to CRE market data from WDSuite, neighborhood occupancy has held in the mid-80s, and renter concentration provides a stable base of demand, supporting consistent leasing with thoughtful management.
Local fundamentals are balanced: daily-needs amenities are strong at the metro level, household incomes have trended higher, and rents remain generally manageable for local earners—factors that can support retention and steady cash flow. Demographic indicators within a 3-mile radius suggest modest population growth and more households over the next few years, which typically expands the tenant base and supports occupancy stability. Key risks include smaller-market leasing velocity and the need to calibrate renovation scope to rent-to-income thresholds.
- 1985 vintage offers relative competitiveness vs. older local stock, with targeted renovation upside
- Neighborhood occupancy in the mid-80s supports stable leasing with operational differentiation potential
- Renter-occupied share and daily-needs amenities underpin workforce demand and retention
- 3-mile demographics indicate gradual population growth and more households, enlarging the tenant base
- Risks: smaller-market absorption pace and aligning value-add scope with rent-to-income constraints