| 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 | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Commons Ln Poughkeepsie Multifamily Investment
Renter demand is supported by an above-national-median neighborhood occupancy rate and a high share of renter-occupied units, according to WDSuite’s CRE market data. This positioning favors stable leasing for income-focused owners near Poughkeepsie’s employment corridors.
Situated in Poughkeepsie’s inner-suburb fabric, the property benefits from neighborhood fundamentals that are competitive at the national level for day-to-day needs. Pharmacy and park access score in the top quartile nationally, while grocery availability sits above the national median, according to WDSuite’s CRE market data. Cafe and childcare density is limited, so residents rely more on broader metro conveniences.
For multifamily demand, the neighborhood’s renter-occupied share is high (measured at the neighborhood level), indicating a deep tenant base and consistent leasing visibility. Neighborhood occupancy trends sit above the national median, supporting income stability, while median rents in the surrounding area (3-mile radius) track at levels that tend to balance absorption with retention.
Within a 3-mile radius, demographics show population growth and an increase in households over the past five years, with forecasts pointing to continued household expansion and slightly smaller average household sizes. This trajectory suggests a larger tenant base and steady turnover that can support occupancy and leasing velocity for professionally managed multifamily.
Home values in the neighborhood are elevated relative to local incomes (high value-to-income ratio at the neighborhood level), which typically sustains reliance on rental housing and supports retention. Rent-to-income at the neighborhood level remains moderate, which can temper affordability pressure and help stabilize renewals. Average school ratings in the area are below the national median, an element for investors to monitor when assessing long-term resident mix and marketing strategy.
Safety indicators are mixed. Broadly, the neighborhood sits modestly above the national median for overall safety, with property-related offense measures comparing favorably at a national level. Recent trend data shows a decline in estimated property offenses year over year, which is constructive for perceived security and leasing.
At the same time, estimated violent offense trends have increased over the latest year, placing emphasis on ongoing monitoring and effective property-level measures (lighting, access control, and resident engagement). As always, investors should evaluate trends in the broader Poughkeepsie-Newburgh-Middletown metro context rather than drawing block-level conclusions.
Regional corporate anchors within commuting distance help underpin renter demand from a diversified workforce, notably industrial gases, consumer goods, and technology offices.
- Praxair — industrial gases HQ offices (30.2 miles) — HQ
- Pepsico — consumer goods & beverages (43.2 miles)
- IBM — technology & corporate offices (43.5 miles) — HQ
Built in 2010, this 72-unit asset is materially newer than much of the surrounding housing stock, positioning it competitively versus older inventory while keeping near-term capital needs more predictable; investors should still plan for mid-life system upgrades and targeted modernization. Neighborhood fundamentals support income durability: renter concentration is high at the neighborhood level, occupancy trends sit above the national median, and the nearby (3-mile) area shows population growth with a rising household count—signals that typically support steady absorption and renewal performance.
Elevated home values relative to local incomes in the neighborhood indicate a high-cost ownership market, reinforcing reliance on multifamily. Meanwhile, a moderate rent-to-income profile suggests manageable affordability pressure that can aid lease retention. According to CRE market data from WDSuite, amenity access is solid for essential services (grocery, pharmacies, parks), with institutional-quality anchors across the region contributing to a diversified employment base.
- 2010 vintage provides competitive positioning versus older neighborhood stock, with manageable near-term capex planning.
- High renter-occupied share and above-national-median occupancy support leasing stability.
- 3-mile demographics point to population growth and a larger household base, supporting tenant demand.
- Elevated ownership costs in the neighborhood help sustain multifamily reliance and retention.
- Risks: lower local school ratings, mixed safety trends, and limited niche amenities (cafes/childcare) warrant ongoing monitoring.