| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Best |
| Demographics | 60th | Good |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 50 Stahl Rd, Getzville, NY, 14068, US |
| Region / Metro | Getzville |
| Year of Construction | 1999 |
| Units | 112 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
50 Stahl Rd, Getzville NY — 112-Unit 1999 Multifamily
Positioned in an Inner Suburb with competitive neighborhood fundamentals, this 112-unit 1999 asset benefits from a deep renter base and steady household growth, according to WDSuite’s CRE market data. Directionally soft neighborhood occupancy underscores the value of durable tenant demand and thoughtful lease management.
The property sits in an Inner Suburb of the Buffalo-Cheektowaga metro with an A- neighborhood rating and a rank of 55 out of 301 metro neighborhoods, making it competitive among Buffalo-Cheektowaga neighborhoods and above the metro median based on CRE market data from WDSuite. Local living patterns favor renters at the neighborhood level, supporting depth of tenant demand for multifamily.
Amenities are serviceable rather than trendy: restaurant access ranks strong by national comparison, parks access tracks in the higher national percentiles, and childcare density is notably above average. Conversely, the immediate area is thinner on cafes and pharmacies, so residents may rely more on short drives for select services—typical of inner suburban settings.
Neighborhood occupancy is reported at the neighborhood level and has eased in recent years, which places a premium on asset-level operations and retention strategies. Importantly, a majority of housing units in the neighborhood are renter-occupied (well above national norms), signaling a sizable tenant base and consistent leasing activity potential for multifamily—distinct from the broader 3-mile area, which tilts more owner-occupied.
Within a 3-mile radius, demographics indicate modest population growth with a larger increase in households, which points to a gradually expanding renter pool and supports occupancy stability. Rising household incomes in the same 3-mile view, alongside measured rent growth, suggest the submarket can sustain professional renters, though lease management should monitor affordability pressure to preserve retention.
Vintage also matters: built in 1999, the property is newer than the neighborhood’s average construction year (mid-1980s). That relative youth typically supports competitiveness versus older stock, while still leaving room for targeted modernization of interiors and building systems as part of a value-add plan.
Comparable neighborhood-level safety statistics were not available in the current dataset from WDSuite for this location. Investors commonly benchmark conditions against city and county trends and supplement with on-the-ground diligence to gauge resident perception and leasing implications over time.
Nearby corporate offices provide a diversified employment base that supports renter demand through commute convenience. Key employers in proximity include UnitedHealth Group, FedEx Trade Networks, M&T Bank Corp., Thermo Fisher Scientific, and McKesson.
- UnitedHealth Group — healthcare & insurance services (4.7 miles)
- FedEx Trade Networks — logistics & trade services (7.3 miles)
- M&T Bank Corp. — banking & financial services (9.7 miles) — HQ
- Thermo Fisher Scientific — life sciences & manufacturing (10.3 miles)
- McKesson — healthcare distribution (11.2 miles)
This 112-unit, 1999-vintage community combines scale with suburban fundamentals that appeal to a broad renter base. At the neighborhood level, a high share of renter-occupied units supports leasing depth, while the broader 3-mile area shows ongoing population and household growth—signals of a gradually expanding tenant pool. According to WDSuite’s CRE market data, neighborhood occupancy has softened, which elevates the importance of asset-specific execution, value-add upgrades, and retention tactics.
Relative to older area stock, the 1999 vintage offers competitive positioning with potential to capture incremental rent through focused renovations and system updates. Household income gains in the 3-mile radius help underpin demand for quality rentals, though owners should calibrate pricing to local rent-to-income dynamics and monitor competition from owner-occupied options nearby.
- Neighborhood-level renter concentration supports a deep multifamily tenant base and consistent leasing activity.
- 1999 vintage offers a competitive edge versus older stock with targeted modernization upside.
- 3-mile demographic trends show population and household growth, expanding the renter pool over time.
- Proximity to diversified employers supports commute convenience and retention potential.
- Risks: softer neighborhood occupancy and limited walkable amenities (cafes/pharmacies) require focused leasing and resident experience strategies.