| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 86th | Best |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 150 Clermont Ave, Brooklyn, NY, 11205, US |
| Region / Metro | Brooklyn |
| Year of Construction | 2008 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
150 Clermont Ave, Brooklyn Multifamily Investment
Renter demand is supported by a high renter-occupied share at the neighborhood level and a deep, diversified employment base nearby, according to WDSuite s CRE market data. Neighborhood occupancy trends are steady, offering investors defensible cash flow in an Urban Core location.
Located in Brooklyn s Urban Core, 150 Clermont Ave benefits from one of the strongest amenity concentrations in the region restaurants, parks, groceries, pharmacies, and cafes all score in the high national percentiles, with restaurants and parks effectively at the top of national distributions. This density supports leasing velocity and day-to-day convenience that helps retention, particularly for professional renters.
The neighborhood ranks 20 out of 889 metro neighborhoods overall (A+), indicating competitive standing versus the New York Jersey City White Plains metro. Median home values sit at elevated levels, which tends to sustain reliance on multifamily housing and supports pricing power without relying solely on in-unit premiums. Median rents in the neighborhood are also high versus national norms, but the neighborhood s rent-to-income ratio indicates manageable affordability pressure relative to local incomes a positive for lease stability.
The asset s 2008 vintage is newer than the neighborhood s average construction year (1952; rank context 551 out of 889), which positions it competitively against older housing stock. Investors should still plan for mid-life building systems and selective modernization to keep pace with newer deliveries, but baseline CapEx needs are typically more predictable than for pre-war properties.
Tenure patterns favor multifamily demand: at the neighborhood level, a majority of housing units are renter-occupied, signaling a deep tenant base and resilient demand for professionally managed apartments. Within a 3-mile radius, demographics show recent population growth alongside a rising household count and modestly smaller average household sizes factors that expand the renter pool and support occupancy over time. Forward-looking 3-mile projections point to additional increases in population and households, which can underpin absorption and reduce downtime between turns.
School quality averages above many urban peers (national percentile around the 70th), which can broaden appeal to households seeking urban amenities with acceptable school options. Neighborhood occupancy rates sit near the national middle of the pack, suggesting stable, but not overheated, conditions that allow for disciplined lease management rather than aggressive concessions.
Safety indicators are mixed and should be evaluated in context. Compared with neighborhoods nationwide, the area scores in lower national percentiles for both violent and property offenses. Within the New York Jersey City White Plains metro, the neighborhood s crime rank sits around the middle of 889 neighborhoods, indicating conditions that are broadly comparable to many urban districts across the region.
Recent trend data shows year-over-year declines in both violent and property offense rates, which is a constructive signal for investors monitoring tenant sentiment and retention. As always, block-level conditions can vary; on-site security practices and lighting, plus collaboration with local stakeholders, can help sustain resident confidence.
Nearby headquarters and major corporate offices in finance and insurance concentrate within roughly 2 miles, reinforcing a steady base of professional renters who value short commutes. The following employers anchor demand closest to the property.
- AIG insurance (2.0 miles) HQ
- S&P Global financial information (2.1 miles) HQ
- Guardian Life Ins. Co. of America insurance (2.2 miles) HQ
- Amtrust Financial Services insurance (2.2 miles) HQ
- Assurant insurance (2.3 miles) HQ
150 Clermont Ave combines Urban Core fundamentals top-tier amenity access, high-cost ownership context, and a large renter-occupied base with a 2008 vintage that competes well against older stock. Neighborhood occupancy trends are steady, and, according to CRE market data from WDSuite, income levels and rent-to-income dynamics suggest room for disciplined growth while maintaining retention.
Within a 3-mile radius, population has grown recently and households are increasing with smaller average sizes, expanding the renter pool and supporting absorption. Proximity to multiple financial and insurance headquarters concentrates white-collar employment nearby, which can stabilize leasing through cycles. Key risks include urban safety perceptions and mid-pack neighborhood occupancy, both manageable with professional operations, targeted upgrades, and careful lease management.
- Urban Core location with national-leading amenity density that supports leasing velocity and retention.
- 2008 construction offers competitive positioning versus older stock, with predictable mid-life CapEx planning.
- High-cost ownership market sustains renter reliance, supporting pricing power and lease stability.
- 3-mile demographics show growing households and a larger renter pool, reinforcing occupancy over time.
- Risk: lower national safety percentiles and mid-pack neighborhood occupancy require active management and amenity-driven retention.