| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 78th | Best |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 130 Rogers Ave, Brooklyn, NY, 11216, US |
| Region / Metro | Brooklyn |
| Year of Construction | 2002 |
| Units | 68 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
130 Rogers Ave Brooklyn 68-Unit Multifamily Investment
Renter demand is reinforced by a high renter-occupied share in the surrounding neighborhood and dense daily amenities, according to WDSuite’s CRE market data. This positioning supports occupancy stability for a professionally managed mid-2000s asset.
Located in Brooklyn’s Urban Core, the property sits in a neighborhood rated A+ and ranked 34 out of 889 across the New York metro—competitive among New York-Jersey City-White Plains neighborhoods. Amenity access is a clear strength: cafes, restaurants, parks, groceries, and pharmacies all index in the top tier nationally, which helps sustain renter appeal and everyday convenience for residents.
Neighborhood occupancy is steady and near the national middle, while the renter-occupied share is high for the metro. For investors, that indicates a deep tenant base and supports lease-up and retention strategies, even as individual leasing cycles may still fluctuate with broader market conditions.
Within a 3-mile radius, demographics show recent population growth and an increase in households, with forecasts pointing to further household expansion and rising incomes. In practical terms, that suggests a larger tenant base and more renters entering the market—factors that can support occupancy stability and pricing power over time.
Home values in the neighborhood are elevated relative to national norms, while the value-to-income relationship sits on the higher side for owners. For multifamily, a high-cost ownership market tends to reinforce renter reliance on rental housing, which can underpin demand depth for well-located assets.
The asset’s 2004 construction is newer than the neighborhood’s older housing stock (average vintage circa 1940s), providing relative competitiveness versus prewar buildings. Investors should still plan for periodic system updates and common-area refreshes customary for a mid-2000s property, but the vintage reduces near-term exposure to the heaviest capital programs typical of much older assets.
Safety indicators for the neighborhood are mixed and should be evaluated in context of the wider metro. The area ranks 272 out of 889 metro neighborhoods, suggesting safety conditions are below the metro median. Nationally, recent readings position the neighborhood below average on safety; however, year-over-year trends show declines in both violent and property offense estimates, indicating gradual improvement.
For underwriting, lean on recent trend lines rather than a single snapshot and compare against submarket peers. Portfolio operators often mitigate localized risks through access control, lighting, and coordinated community management—measures that can support resident confidence and retention in dense urban settings.
Proximity to major financial and corporate employers supports a commuter-friendly renter base and can aid leasing velocity for workforce and professional households. Nearby anchors include AIG, S&P Global, Guardian Life, and Dr Pepper Snapple Group.
- Dr Pepper Snapple Group — corporate offices (3.4 miles)
- Aig — financial services (3.6 miles) — HQ
- S&P Global — financial information & ratings (3.6 miles) — HQ
- Guardian Life Ins. Co. of America — insurance (3.7 miles) — HQ
- Robert Half International — professional staffing (3.8 miles)
This 68-unit, 2004-vintage asset benefits from a high renter-occupied share and dense amenity access in Brooklyn’s Urban Core—drivers that support occupancy and leasing durability. Elevated ownership costs in the surrounding neighborhood further reinforce multifamily demand, while a newer vintage versus the area’s prewar stock provides relative competitiveness with manageable capital planning. Based on commercial real estate analysis and CRE market data from WDSuite, neighborhood occupancy trends sit near the national middle with modest improvement, consistent with steady long-term fundamentals.
Within a 3-mile radius, recent population growth, rising household counts, and higher incomes point to a larger tenant base over time. Pairing that demand backdrop with targeted unit/interiors refresh and operational focus can position the property for durable cash flows, while acknowledging that urban safety readings and school ratings around the national middle warrant prudent underwriting and community-forward management.
- High renter-occupied share in the neighborhood supports depth of demand and lease retention.
- 2004 construction offers competitive positioning versus older local stock with moderated capex exposure.
- Dense, top-tier amenity access enhances livability and helps sustain pricing power.
- Demographic tailwinds within 3 miles suggest a growing tenant base and support for occupancy stability.
- Risk: Safety readings trail metro leaders; maintain conservative underwriting and active property management.