| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Fair |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 125 Seigel St, Brooklyn, NY, 11206, US |
| Region / Metro | Brooklyn |
| Year of Construction | 1972 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
125 Seigel St, Brooklyn NY Multifamily Investment
Renter demand is deep and occupancy has been resilient at the neighborhood level, according to WDSuite’s CRE market data, supporting stable operations for a 72-unit asset in an Urban Core Brooklyn location.
Located in Brooklyn’s Urban Core, the neighborhood carries an A rating and ranks 63 out of 889 metro neighborhoods, indicating competitive positioning within the New York-Jersey City-White Plains market. Amenity access is a clear strength: restaurants, groceries, parks, pharmacies, and childcare are all in very high national percentiles, which typically supports leasing velocity and retention for multifamily.
Neighborhood occupancy is 96.6% (top-quintile nationally) and is competitive among New York-Jersey City-White Plains neighborhoods, with a five-year uptrend. The share of housing units that are renter-occupied is high at the neighborhood level (near the top of national comparisons), signaling a large tenant base and depth for small-unit formats. Median contract rents in the neighborhood are elevated relative to many U.S. areas yet consistent with Brooklyn’s Urban Core context, reinforcing pricing power when paired with steady occupancy.
Within a 3-mile radius, WDSuite data shows population growth over the past five years alongside a near 10% increase in households, with forecasts pointing to further population and household expansion. This trend suggests a larger tenant base over time and supports occupancy stability for well-managed multifamily properties. The radius also skews toward working-age cohorts, a positive signal for sustained renter demand.
Ownership costs are elevated locally compared with national norms, which tends to sustain reliance on rental housing and can aid lease retention. Average school ratings in the broader neighborhood are lower than national averages; while not property-specific, investors should weigh this against the area’s convenience, amenities, and renter-oriented housing stock when assessing long-term positioning.
Safety indicators for the neighborhood track below national averages (lower national percentiles indicate comparatively higher crime). However, recent year-over-year data from WDSuite shows declines in both violent and property offense rates, suggesting near-term improvement. Investors should frame risk in a comparative context across Brooklyn submarkets and monitor ongoing trend direction rather than single-year readings.
Nearby corporate offices create a diverse employment base that supports renter demand and commute convenience, notably in utilities, technology, airlines, and insurance: Con Edison Distribution Engineering, Yahoo, Consolidated Edison, JetBlue Airways, and AIG.
- Con Edison Distribution Engineering — utilities offices (3.17 miles)
- Yahoo — technology offices (3.17 miles)
- Consolidated Edison — utilities (3.18 miles) — HQ
- JetBlue Airways — airline corporate offices (3.19 miles) — HQ
- AIG — insurance (3.33 miles) — HQ
125 Seigel St is a 72-unit, small-format asset in a high-amenity Brooklyn Urban Core neighborhood where renter-occupied housing is prevalent and occupancy levels have remained strong. According to CRE market data from WDSuite, neighborhood occupancy sits in a nationally strong range with a positive five-year trend, while elevated ownership costs locally tend to reinforce reliance on multifamily housing. Within a 3-mile radius, population and household growth—paired with forecasts for continued expansion—point to a larger renter pool and support leasing stability.
Built in 1972, the property is newer than the area’s average vintage, which helps competitive positioning versus older stock; investors should still plan for ongoing systems modernization and potential value-add upgrades to capture rent premiums in a high-demand, convenience-driven submarket.
- Renter-heavy neighborhood and resilient occupancy support demand depth and leasing stability.
- 3-mile radius shows recent and forecast growth in population and households, expanding the tenant base.
- Elevated ownership costs in the area sustain multifamily reliance and pricing power for well-positioned assets.
- 1972 vintage offers a relative edge versus older stock with potential value-add through modernization.
- Risk: safety metrics trail national averages; monitor local trend improvements and reflect in operations planning.