| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 30th | Poor |
| Amenities | 46th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 130 Hudson Ave, Poughkeepsie, NY, 12601, US |
| Region / Metro | Poughkeepsie |
| Year of Construction | 2013 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
130 Hudson Ave Poughkeepsie Multifamily Investment
2013-built, 48-unit asset in a renter-occupied neighborhood supports durable leasing depth, according to WDSuite’s CRE market data.
Positioned in Poughkeepsie’s Inner Suburb, the property benefits from neighborhood fundamentals that are competitive at the national level. Neighborhood occupancy trends sit above the national median and roughly around the metro middle of the pack among 221 Poughkeepsie–Newburgh–Middletown neighborhoods, supporting baseline stability for multifamily operators.
The surrounding area shows a high share of renter-occupied housing units (renter concentration ranks 7th of 221 in the metro and sits in the 96th percentile nationally), which deepens the tenant base and can aid leasing velocity and renewal potential. Within a 3-mile radius, recent population and household growth, along with projections for further increases, point to a larger tenant pool and sustained demand for rental units.
Day-to-day livability is supported by access to groceries, parks, and pharmacies that track above national averages, while cafes and childcare are thinner than typical—an operational consideration for positioning and resident services. Average school ratings in the neighborhood trend below national norms, which may shape unit-mix strategy for family-oriented demand.
Ownership costs are relatively elevated for the area (home values and a high value-to-income ratio), which can reinforce reliance on multifamily rentals and support pricing power; at the same time, neighborhood rent-to-income levels suggest manageable affordability pressure that still warrants attentive lease management. Taken together—and based on CRE market data from WDSuite—these dynamics indicate steady renter demand with room for selective value-add positioning.
Safety indicators are mixed in context. Compared with neighborhoods nationwide, this area trends above the national median for safety (crime measures land in the upper-half percentiles nationally). Within the Poughkeepsie–Newburgh–Middletown metro, however, the neighborhood ranks 27th out of 221 on crime, indicating higher incidents relative to many local peers.
Recent direction is nuanced: estimates show property offenses easing year over year, while violent offenses increased over the same period. Investors should underwrite with realistic operating assumptions—e.g., prudent security, lighting, and access controls—and monitor sub-neighborhood trends rather than inferring block-level conclusions.
Regional corporate offices provide a diversified employment base that can support renter demand and retention, including Praxair, PepsiCo, and IBM within commuting range.
- Praxair — corporate offices (29.6 miles) — HQ
- PepsiCo — corporate offices (42.3 miles)
- IBM — corporate offices (42.6 miles) — HQ
Built in 2013, the property is materially newer than the neighborhood’s older housing stock, offering competitive positioning versus legacy assets while still benefiting from potential modernization opportunities over the hold. The surrounding neighborhood posts above-median national occupancy and a high share of renter-occupied units, indicating a deep tenant base and support for leasing stability. According to commercial real estate analysis from WDSuite, elevated ownership costs locally tend to sustain reliance on rentals, while 3-mile population and household growth expands the renter pool.
Operationally, rent-to-income levels suggest manageable affordability pressure, though thoughtful lease management remains important. Safety trends are mixed—stronger nationally than many peers but weaker than much of the metro—so investors should calibrate security and operating practices accordingly.
- 2013 vintage competes well versus older local stock, with room for targeted value-add and modernization.
- High neighborhood renter concentration supports leasing depth, renewals, and occupancy stability.
- Above-median national occupancy and expanding 3-mile households point to sustained multifamily demand.
- Elevated ownership costs reinforce rental demand, supporting pricing power with prudent management.
- Risks: safety is stronger nationally than locally; amenity depth is uneven—plan for security, resident services, and thoughtful marketing.