| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Good |
| Demographics | 65th | Good |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 16 Mountain View Knolls Dr, Fishkill, NY, 12524, US |
| Region / Metro | Fishkill |
| Year of Construction | 1972 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
16 Mountain View Knolls Dr, Fishkill Multifamily Opportunity
Neighborhood occupancy runs strong and renter demand is supported by high household incomes, according to WDSuite’s CRE market data, positioning this Fishkill asset for durable cash flow in a suburban setting.
Fishkill sits within the Poughkeepsie–Newburgh–Middletown metro and carries a B+ neighborhood rating, reflecting stable suburban dynamics that have historically supported high occupancy. The neighborhood’s occupancy is competitive among the metro’s 221 neighborhoods and sits in the top quartile nationally, a constructive backdrop for multifamily operations.
Schools are a relative strength: the average school rating is 4.0, which places the area in the top quartile nationally and competitive among the 221 metro neighborhoods. Childcare access is also a bright spot, benchmarking well against other local neighborhoods, which can aid retention for family-oriented renter households.
Amenity density (cafes, groceries, parks, pharmacies) is limited within the immediate neighborhood footprint, consistent with a car-oriented suburban profile. Daily needs are generally reached by short drives, which investors should consider when positioning for convenience-sensitive tenants.
Income fundamentals are favorable versus many U.S. neighborhoods: median household income benchmarks in a high national percentile, while the rent-to-income ratio trends low. Together with a median home value that reflects a higher-cost ownership market, these factors typically sustain multifamily rental demand and support lease retention.
Within a 3-mile radius, demographics indicate a modest population dip in recent years alongside a meaningful increase in household counts, implying smaller household sizes and a broader base of households. Looking forward, households are projected to grow, which suggests a larger tenant base and supports occupancy stability for well-positioned multifamily assets.
Comparable safety benchmarking data for this specific neighborhood are not available in WDSuite’s current release. Investors typically compare neighborhood trends to metro and national baselines once updated crime ranks and percentiles are published to assess relative risk and leasing implications.
- Praxair — industrial gases (20.5 miles) — HQ
- Pepsico — food & beverage (30.8 miles)
- IBM — technology (31.2 miles) — HQ
- Synchrony Financial — consumer finance (34.8 miles) — HQ
- EMCOR Group — construction services (35.6 miles) — HQ
The property benefits from a suburban Fishkill location where neighborhood occupancy benchmarks above many U.S. areas and is competitive within the Poughkeepsie–Newburgh–Middletown metro, supporting leasing stability. High household incomes paired with a low rent-to-income ratio point to manageable affordability pressure, which can aid rent collections and reduce turnover risk. According to CRE market data from WDSuite, the surrounding ownership market is relatively high-cost, reinforcing renter reliance on multifamily housing.
Within a 3-mile radius, household counts have been rising and are projected to expand further, signaling a larger tenant base over the medium term. Amenity density is modest nearby, so positioning around convenience, parking, and select interior upgrades can help compete with newer product and capture steady demand.
- Strong neighborhood occupancy and high-income renter base support stable collections
- Ownership costs in the area sustain multifamily demand and lease retention
- 3-mile household growth outlook points to a larger tenant base over time
- Risks: amenity-light, car-oriented setting; ownership-heavy area may limit immediate renter depth; limited current crime data