| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 61st | Good |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 222 West Rd, Pleasant Valley, NY, 12569, US |
| Region / Metro | Pleasant Valley |
| Year of Construction | 1985 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
222 West Rd Pleasant Valley Multifamily Investment
Neighborhood multifamily fundamentals point to steady renter demand and occupancy in the mid-90% range, according to WDSuite’s CRE market data. For investors, the area’s rent levels and income profile suggest pricing power with prudent lease management.
Situated in Pleasant Valley within the Poughkeepsie–Newburgh–Middletown metro, the neighborhood scores an A rating and ranks 19 out of 221 locally, making it competitive among metro neighborhoods. Neighborhood occupancy trends are above the metro median and test in the stronger half nationally, supporting leasing stability at the submarket level rather than at the individual property.
The asset’s 1985 vintage is newer than the neighborhood’s older housing stock (average construction year mid-1950s), which typically helps with competitive positioning versus legacy assets. Investors should still plan for system modernization and selective upgrades to capture value-add upside and to meet contemporary resident expectations.
Renter concentration in the neighborhood sits near the high-40% range of housing units being renter-occupied, indicating a meaningful tenant base for small and mid-size multifamily. Median contract rents in the area have grown in recent years, while neighborhood rent-to-income levels around the mid-20% range point to manageable affordability pressure and potential for disciplined rent growth without materially increasing retention risk.
Within a 3-mile radius, demographics show population and household growth with rising incomes, which supports a larger tenant base and reinforces occupancy stability. Ownership costs are elevated relative to incomes in the neighborhood context, which tends to sustain reliance on rental housing and aids lease retention. Amenities are suburban in nature with moderate access to groceries, parks, and pharmacies; café density is limited, and average school ratings trail national midpoints, factors to consider in positioning and resident profile.
Safety indicators present a mixed but generally constructive picture. The neighborhood’s overall crime standing sits above the national midpoint, placing it in a relatively favorable position nationally, while its rank within the Poughkeepsie–Newburgh–Middletown metro (13 out of 221) indicates it performs less favorably than many peers locally. Property crime estimates have trended down over the past year, but violent crime metrics show recent volatility, so investors should underwrite to current trends and monitor changes over time.
Regional employment is diversified, with access to manufacturing and industrial gases supporting commuter demand; proximity to Praxair provides a stable white- and blue-collar employment base that can underpin renter retention.
- Praxair — industrial gases (29.9 miles) — HQ
This 20-unit, garden-style asset offers durable renter demand backed by an above-median neighborhood occupancy profile and incomes that support rent levels, according to CRE market data from WDSuite. The 1985 construction is newer than much of the area’s housing stock, creating a competitive edge versus older inventory while leaving room for targeted renovations to drive rent premiums and operating efficiency.
Within a 3-mile radius, population and household counts are expanding alongside rising income bands, pointing to a growing renter pool that supports lease-up and retention. Ownership remains comparatively high-cost in the local context, which helps sustain reliance on multifamily and bolsters pricing power when paired with disciplined affordability thresholds.
- Above-median neighborhood occupancy supports stable cash flow potential
- 1985 vintage out-competes older local stock; value-add modernization can unlock premiums
- 3-mile radius shows population and household growth, enlarging the renter base
- Elevated ownership costs reinforce multifamily demand and lease retention
- Risks: local safety rankings vary within the metro; suburban amenity density and school ratings may influence resident mix