| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Fair |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 Humboldt St, Brooklyn, NY, 11206, US |
| Region / Metro | Brooklyn |
| Year of Construction | 1972 |
| Units | 51 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
110 Humboldt St, Brooklyn NY Multifamily Investment
High renter concentration and steady neighborhood occupancy support durable demand, according to WDSuite’s CRE market data. Positioning in Brooklyn’s Urban Core favors lease stability with pricing set by a deep local tenant base.
Rated A and ranked 63 out of 889 New York–Jersey City–White Plains metro neighborhoods, this Urban Core location is competitive for investors seeking durable renter demand. Neighborhood occupancy is high and has trended upward over five years, signaling resilient absorption and supporting revenue stability relative to broader metro conditions.
Livability factors are strong: the area sits in the top national percentiles for restaurant and grocery density, with pharmacies, parks, cafés, and childcare also testing in the upper tail nationally. These amenity concentrations typically reinforce renter retention and limit leasing friction, particularly for properties serving convenience-oriented households.
Renter-occupied housing makes up a very high share of neighborhood units, indicating a deep multifamily tenant base that can support occupancy through cycles. Median contract rents benchmark above national levels, while the local rent-to-income ratio suggests some affordability pressure; prudent lease management and unit mix optimization can balance pricing power with retention.
Within a 3-mile radius, population and household counts have grown and are projected to continue expanding, pointing to a larger tenant base and ongoing renter pool expansion. The asset’s 1972 vintage is slightly newer than the neighborhood’s average construction year (1964), which positions it competitively against older stock, though targeted system upgrades and selective renovations may be warranted to meet current renter expectations and drive value-add upside.
Safety indicators benchmark below national averages, with national percentiles signaling higher crime exposure than many U.S. neighborhoods. For investors, this typically calls for enhanced on-site security practices, effective lighting, and resident engagement to support retention and leasing.
Recent trend data is directionally constructive: estimated violent and property offense rates have declined year over year, suggesting gradual improvement. While the area remains comparatively challenged on national safety metrics, a focus on operations and partnerships with local resources can help manage risk at the property level.
- Jetblue Airways — corporate offices (3.2 miles) — HQ
- Yahoo — corporate offices (3.2 miles)
- Con Edison Distribution Engineering — corporate offices (3.2 miles)
- Consolidated Edison — corporate offices (3.2 miles) — HQ
- New York Life Insurance Company — corporate offices (3.3 miles)
Nearby corporate offices across technology, media, utilities, and financial services provide a broad employment base that supports multifamily demand and commute convenience. The list below highlights key employers within roughly three miles that contribute to daily-worker density and leasing durability.
110 Humboldt St sits within a high-amenity Urban Core neighborhood where occupancy is strong and the renter share is high, pointing to depth of demand and potential income durability. Elevated home values in the area generally sustain reliance on rental housing, while neighborhood median rents run above national benchmarks—factors that can support pricing power when paired with disciplined lease management. According to CRE market data from WDSuite, neighborhood occupancy has remained firm, reinforcing the case for stable operations.
Built in 1972, the property is slightly newer than the neighborhood’s average vintage and may benefit from targeted capital planning to modernize systems and finishes for value-add upside. Within a 3-mile radius, recent and projected growth in population and households indicates a larger tenant base over time, which can support occupancy stability and absorption across unit types. Key watch items include below-average school ratings, safety metrics that trail national norms, and rent-to-income dynamics that warrant careful renewal strategies.
- High renter concentration and solid neighborhood occupancy support durable demand
- Amenity-rich Urban Core location reinforces retention and lease-up velocity
- 1972 vintage offers value-add potential through selective modernization
- Expanding 3-mile population and households point to a larger renter pool over time
- Risks: below national safety benchmarks, lower school ratings, and affordability pressure