| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Best |
| Demographics | 61st | Good |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30200 Harveys Pl, Pleasant Valley, NY, 12569, US |
| Region / Metro | Pleasant Valley |
| Year of Construction | 2005 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
30200 Harveys Pl 36-Unit Pleasant Valley Multifamily
Neighborhood fundamentals point to steady renter demand and occupancy stability, according to WDSuite s CRE market data, with rents and incomes supportive of lease retention. The property s 2005 vintage offers competitive positioning versus older local stock.
Located in Pleasant Valley within the Poughkeepsie Newburgh Middletown metro, the neighborhood scores an A rating and ranks 19 out of 221 metro neighborhoods, indicating competitive livability for renters screening suburban options. Amenity access trends around the metro median with grocery and parks coverage roughly in line with national mid-range benchmarks, while cafes are limited. Average school ratings trend below national norms, an important consideration for family-oriented leasing, but not a primary drag for workforce renters.
The property s 2005 construction is newer than the neighborhood s mid-20th-century average (1955), providing an edge on unit finishes and systems versus older comparables; investors should still plan for routine modernization as the asset seasons. At the neighborhood level, occupancy trends in the mid-90s and median asking rents sit on the higher side relative to the metro, signaling resilient pricing power without acute affordability pressure.
Tenure patterns show a substantial share of housing units are renter-occupied (about half at the neighborhood level), which supports a deeper tenant base and steadier turnover management. With a rent-to-income ratio around a quarter of income locally, lease retention is helped by manageable affordability pressure compared with many Northeast suburbs.
Within a 3-mile radius, WDSuite s data shows recent population and household growth with further gains projected over the next five years. This expansion points to a larger renter pool and supports occupancy stability and future leasing velocity. Home values are elevated for the region but not extreme, which sustains reliance on multifamily for households prioritizing commute flexibility and monthly payment predictability.
Safety indicators are mixed in relative terms. Nationally, the neighborhood trends on the safer side op quartile for property-related offenses and above-average for violent incidents which supports resident retention. Within the Poughkeepsie Newburgh Middletown metro, however, its crime rank (13 out of 221 neighborhoods) indicates comparatively higher incidents than many local peers. Recent year-over-year data also shows an uptick in violent incidents, suggesting investors should monitor near-term trends and emphasize lighting, access control, and resident engagement as part of asset operations.
Regional employment is diversified, with access to industrial and corporate employers that help underpin renter demand and commute convenience for workforce households. Nearby anchors include Praxair.
- Praxair industrial gases (29.7 miles) HQ
This 36-unit asset combines suburban stability with competitive positioning versus older local stock. Based on commercial real estate analysis from WDSuite, neighborhood occupancy trends in the mid-90s, renter-occupied share near half of units, and a rent-to-income profile around one-quarter collectively point to durable demand and manageable retention risk. The 2005 vintage is newer than much of the surrounding inventory, offering operating advantages today and clear pathways for targeted value-add as systems age.
Demographics aggregated within 3 miles show recent population and household growth with additional gains projected, supporting a larger tenant base over time. While amenity depth is moderate and school ratings trail national averages, homeownership costs remain elevated enough to sustain multifamily reliance, and national safety standing is generally favorable even as metro-relative crime trends warrant continued diligence in property operations.
- Newer 2005 vintage versus local 1950s stock supports competitive positioning and selective value-add.
- Mid-90s neighborhood occupancy and sizable renter-occupied share support income stability.
- Rent-to-income around one-quarter indicates manageable affordability pressure and aids retention.
- 3-mile population and household growth expand the renter pool, aiding lease-up and renewal.
- Risks: below-average school ratings, moderate amenity depth, and metro-relative crime trends merit ongoing monitoring.