| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 61st | Good |
| Amenities | 49th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1525 Rusher Dr, Alden, NY, 14004, US |
| Region / Metro | Alden |
| Year of Construction | 1986 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1525 Rusher Dr Alden NY Multifamily Opportunity
Neighborhood occupancy is 95.9%, supporting stable leasing dynamics for a 30-unit asset like this, according to WDSuite’s CRE market data. The area’s low rent-to-income ratio signals manageable rents that can aid retention even through cycles.
Situated in Alden within the Buffalo-Cheektowaga metro, the neighborhood rates B+ and is competitive among 301 metro neighborhoods (ranked 95), per WDSuite. Local occupancy trends are solid (76th percentile nationally), indicating steady renter demand at the neighborhood level rather than at the property itself.
Amenity access skews practical over lifestyle: groceries, parks, and pharmacies are each in the top quartile nationally, while cafes and childcare are sparse. Schools average around the 61st percentile nationwide, giving families reasonable options without being a primary draw.
The property’s 1986 vintage is newer than the neighborhood’s older housing stock (average year 1948). That relative youth can enhance competitiveness versus legacy product, while still inviting targeted upgrades to systems and finishes for value-add positioning and capital planning.
Tenure data shows a moderate renter-occupied share in the neighborhood (31.8%), suggesting a meaningful—though not dominant—renter base to support multifamily absorption. Within a 3-mile radius, recent population growth with forecasts calling for further gains by 2028 points to a larger tenant base over time; rising household counts and smaller average household sizes would also align with demand for rental units.
Ownership metrics reflect a relatively accessible for-sale market in this part of Erie County (median home values near $202K and a value-to-income ratio around 2.7). For investors, this implies two-sided dynamics: manageable rent-to-income (78th percentile) can support retention, while the accessibility of ownership can introduce some competition—placing a premium on community management and resident experience to sustain lease stability.
Neighborhood-level crime scoring is not available for this area in the current WDSuite release. Investors typically benchmark municipal and county reports over time and compare trends to nearby Buffalo-Cheektowaga neighborhoods for directional context, rather than drawing conclusions from block-level anecdotes.
Nearby corporate employment centers such as McKesson, M&T Bank Corp., UnitedHealth Group, FedEx Trade Networks, and Thermo Fisher Scientific broaden the regional job base and commuting options, which can support renter demand and lease retention for workforce-oriented units.
- McKesson — healthcare distribution (12.9 miles)
- M&T Bank Corp. — banking services (19.7 miles) — HQ
- UnitedHealth Group — healthcare services (20.1 miles)
- FedEx Trade Networks — logistics & trade services (21.2 miles)
- Thermo Fisher Scientifc — life sciences (26.0 miles)
This 30-unit, 1986-vintage asset benefits from neighborhood-level occupancy strength (top-quartile nationally) and manageable rent burdens that support retention, based on commercial real estate analysis from WDSuite. The vintage is materially newer than the area’s older housing stock, creating a relative quality edge while leaving room for targeted value-add and systems modernization.
Within a 3-mile radius, recent population gains and projected increases by 2028 point to a gradually expanding renter pool. Practical amenities (groceries, parks, pharmacies) outperform lifestyle options, aligning the asset with stable, needs-based demand. Ownership remains relatively accessible locally, which can introduce competition; disciplined leasing, resident engagement, and selective upgrades should help sustain occupancy and pricing power in that context.
- Neighborhood occupancy strength supports leasing stability
- 1986 vintage offers a competitive edge versus older local stock with value-add potential
- Expanding 3-mile population and household base signals a larger tenant pool over time
- Practical amenity access (groceries, parks, pharmacies) underpins everyday livability
- Risk: accessible ownership options can compete with rentals—focus on retention and asset quality