| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 55th | Fair |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 329 Lincoln Rd, Brooklyn, NY, 11225, US |
| Region / Metro | Brooklyn |
| Year of Construction | 2012 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
329 Lincoln Rd Brooklyn Multifamily — 2012 Vintage
Newer construction relative to the surrounding 1940s-era housing stock positions this asset competitively in an amenity-rich Urban Core with a large renter base, supporting steady leasing conditions, according to WDSuite’s CRE market data.
The property sits in a high-amenity Brooklyn Urban Core location, with neighborhood access to groceries, cafes, restaurants, parks, and pharmacies ranking among the strongest nationally (near the top of U.S. percentiles). This concentration of daily needs and lifestyle options tends to underpin renter retention and supports consistent tour traffic for multifamily operators.
Neighborhood-level performance indicators are solid: occupancy is slightly above national norms and the area’s share of housing units that are renter-occupied is very high (competitive depth for multifamily demand). At the metro scale, the neighborhood is in the top quartile among 889 New York-Jersey City-White Plains neighborhoods, reflecting strong overall livability and commercial real estate fundamentals.
Vintage matters in this submarket. With an average local construction year around the late-1940s, a 2012-built asset offers a relative competitive edge versus older stock and may require less near-term capital for core systems, while still leaving room for targeted modernization to drive rent premiums where appropriate.
Within a 3-mile radius, recent years show population growth alongside a faster increase in households, expanding the renter pool and supporting occupancy stability. Looking ahead, forecasts indicate continued growth in households and incomes, which can sustain renter demand and help manage turnover. Elevated home values in the neighborhood (high relative to national benchmarks) further reinforce reliance on multifamily housing, while a moderate rent-to-income environment suggests manageable affordability pressure that can aid lease retention.
School ratings in the neighborhood trend below national averages, which may limit appeal for some family households; however, the area’s renter concentration and amenity access typically align with demand from singles and roommates seeking commute and lifestyle convenience.
Safety indicators should be evaluated thoughtfully. Compared with neighborhoods nationwide, the area scores below average on safety percentiles, and within the New York-Jersey City-White Plains metro it ranks on the less safe side relative to 889 neighborhoods. For investors, this can translate into greater emphasis on building security, lighting, and resident engagement.
Recent trend data provide some constructive signals: both violent and property offenses show year-over-year declines, indicating improving momentum. While conditions vary block to block, the directional improvement can support leasing and renewal conversations when paired with strong on-site operations and physical security measures.
The employment base nearby skews toward corporate offices and financial services, supporting a sizable pool of renters seeking commute convenience and weekday amenities. Notable employers within a short radius include Dr Pepper Snapple Group, AIG, S&P Global, Guardian Life, and Robert Half.
- Dr Pepper Snapple Group — beverages corporate offices (3.7 miles)
- Aig — insurance (4.2 miles) — HQ
- S&P Global — financial information (4.2 miles) — HQ
- Guardian Life Ins. Co. of America — insurance (4.2 miles) — HQ
- Robert Half International — professional staffing (4.3 miles)
329 Lincoln Rd offers investors a 2012-built asset in a Brooklyn neighborhood that rates in the top quartile among 889 metro neighborhoods, combining dense amenities with a deep pool of renter-occupied housing. The newer vintage provides a competitive posture against older local stock, while neighborhood occupancy trends and household growth within a 3‑mile radius point to a stable tenant base and potential for durable leasing, based on commercial real estate analysis from WDSuite.
High neighborhood home values support renter reliance on multifamily housing, and income growth in the surrounding area can help sustain pricing power. Operators should account for below-average school ratings and safety metrics relative to national benchmarks, but recent declines in reported offenses and strong amenity access can offset risk when paired with sound property management and targeted enhancements.
- 2012 construction competes well versus older neighborhood stock, with potential for targeted value-add
- Amenity-rich Urban Core and strong renter concentration support demand depth and retention
- Household and income growth within 3 miles underpin occupancy stability and rent potential
- Elevated local home values reinforce reliance on multifamily housing
- Risk: safety metrics trail national averages; proactive security and management are important