| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 30th | Poor |
| Amenities | 46th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 Commons Ln, Poughkeepsie, NY, 12601, US |
| Region / Metro | Poughkeepsie |
| Year of Construction | 2010 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Commons Ln, Poughkeepsie NY Multifamily Opportunity
Positioned in an inner-suburb of Poughkeepsie, the asset benefits from a renter-leaning neighborhood and stable occupancy at the neighborhood level, according to WDSuite’s CRE market data. The investment case centers on dependable renter demand reinforced by a high-cost ownership landscape in the area.
Livability indicators support multifamily demand around 1 Commons Ln. Neighborhood retail access is practical, with grocery and pharmacy availability ranking competitive among Poughkeepsie-Newburgh-Middletown neighborhoods (44th and 23rd out of 221, respectively) and parks placing in the top quartile nationally by density. These daily-needs anchors help underpin leasing and retention.
The neighborhood’s renter-occupied share is high (ranked 7th of 221), indicating a deep tenant base for workforce-oriented product and reinforcing demand for professionally managed units. Neighborhood occupancy trends sit near the metro middle by rank, suggesting generally resilient lease-ups without clear overheating.
Within a 3-mile radius, recent population and household growth point to a larger tenant base, with forecasts calling for additional household expansion and slightly smaller average household sizes over the next five years. For investors, this implies a steady inflow of renters and diversified demand across age cohorts, supporting occupancy stability over time.
Ownership costs in the neighborhood are elevated relative to incomes (value-to-income ratio ranking among the highest in the metro and strong nationally), which tends to sustain reliance on rental housing. Rent-to-income levels are moderate by national comparison, a constructive backdrop for retention and lease management without assuming excess pricing power.
Safety signals are mixed when viewed through metro and national lenses. Compared with the 221 neighborhoods in the Poughkeepsie-Newburgh-Middletown metro, the area ranks closer to the higher-crime cohort (lower rank values). Nationally, composite indicators sit around the mid-to-better range, indicating conditions that are not outliers on a nationwide basis.
Recent direction also varies: property incidents show a modest year-over-year improvement, while violent incidents ticked up over the same period. For underwriting, it is prudent to account for standard security measures and tenant communication protocols, while monitoring ongoing neighborhood trends rather than relying on a single-year snapshot.
Regional employment access spans manufacturing, consumer goods, and technology—supporting renter demand through diverse job nodes within commuting range. The anchors below reflect nearby corporate offices that can bolster leasing depth for workforce housing.
- Praxair — industrial gases (30.2 miles) — HQ
- PepsiCo — consumer goods (43.1 miles)
- IBM — technology & services (43.5 miles) — HQ
Built in 2010, the property is materially newer than the surrounding housing stock (average construction year is much older), offering competitive positioning versus legacy assets and potentially lower near-term capital needs; selective updates may still be warranted for modernization and renter preferences. The neighborhood supports multifamily with a high renter-occupied share and occupancy that trends near the metro middle by rank, while elevated ownership costs reinforce reliance on rentals.
Within a 3-mile radius, recent population and household growth—and forecasts calling for additional household expansion—point to a larger tenant base and support for leasing velocity. According to CRE market data from WDSuite, daily-needs access (grocery, pharmacy, parks) is comparatively strong for the metro, aiding retention, while rent-to-income levels appear manageable enough to balance pricing and renewal risk. Key considerations include safety trends that can vary by sub-area and below-average school ratings, which may influence tenant mix and marketing.
- 2010 vintage offers competitive positioning versus older neighborhood stock, with potential value-add via targeted upgrades
- High renter-occupied share signals depth of tenant base and supports occupancy stability
- Elevated ownership costs in the area sustain rental demand and can support renewal capture
- 3-mile population and household growth expand the renter pool, aiding lease-up and retention
- Risks: mixed safety trends by metro comparison and lower average school ratings may require tailored tenant marketing and operating plans