| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 37th | Good |
| Demographics | 46th | Fair |
| Amenities | 43rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 777 Embought Rd, Catskill, NY, 12414, US |
| Region / Metro | Catskill |
| Year of Construction | 2000 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
777 Embought Rd Catskill 26-Unit Multifamily Investment
Built in 2000, this asset offers newer-vintage competitiveness versus older neighborhood stock, supporting durable renter appeal according to WDSuite’s CRE market data.
Catskill’s neighborhood context skews rural with everyday retail access: grocery and pharmacy density ranks competitive among 37 metro neighborhoods, which helps day-to-day livability and supports leasing convenience. Café and restaurant options are present, though broader entertainment and park access are limited locally, suggesting demand drivers lean more toward essential services than lifestyle amenities.
Neighborhood occupancy is above the metro median (ranked 5th of 37), indicating relatively steady housing utilization even as national standing is more middle-of-the-pack. For multifamily investors, this points to baseline demand that can underpin stabilization, with potential to outperform nearby older properties given the asset’s 2000 vintage.
Median contract rents in the area trend on the lower side, and the rent-to-income ratio is moderate, which can reduce affordability pressure and aid retention while also moderating near-term rent growth expectations. Median home values sit in a high-cost ownership market by local income standards, which can reinforce renter reliance on multifamily housing without implying universal constraints.
School ratings trend below national averages, a consideration for family-oriented demand. Investor takeaway: the submarket appears suited to workforce-oriented housing where value, reliable operations, and practical amenity packages matter more than premium finishes, based on commercial real estate analysis signals from WDSuite.
Comparable safety indicators are not available from WDSuite for this neighborhood. Investors typically benchmark local conditions against county and metro trends, review multi-year patterns, and align security measures with the property’s positioning and resident profile. Use consistent, third-party data to track changes over time rather than relying on block-level anecdotes.
Regional employment is diversified, with commuting access to a major technology employer that can contribute to a stable renter base among professionals willing to trade a longer drive for housing value.
- IBM — technology & corporate services (31.2 miles)
The 2000 construction stands out against an older local housing base, offering a relative edge on deferred maintenance and positioning for targeted value-add to capture steady workforce demand. According to CRE market data from WDSuite, neighborhood occupancy ranks above the metro median, and lower area rents with moderate rent-to-income levels favor lease retention and day-one affordability, while still allowing disciplined, renovation-led rent optimization.
Median home values appear elevated versus local incomes, which can sustain renter reliance on multifamily housing, though homeownership remains a viable alternative for some households. With schools trending below national averages and a thinner renter-occupied share in the area, underwriting should emphasize product differentiation, durable operations, and conservative lease-up assumptions.
- Newer 2000 vintage versus older neighborhood stock supports competitive positioning and moderated near-term capex.
- Above-median neighborhood occupancy provides a foundation for stabilization and steady leasing performance.
- Lower area rents and moderate rent-to-income can aid retention while enabling thoughtful, value-add driven rent steps.
- Workforce demand focus aligns with essential retail access even as lifestyle amenities are limited locally.
- Risk: below-national school ratings and a smaller renter-occupied share warrant conservative assumptions on family demand and lease-up velocity.