| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Best |
| Demographics | 55th | Fair |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3364 Guider Ave, Brooklyn, NY, 11235, US |
| Region / Metro | Brooklyn |
| Year of Construction | 2009 |
| Units | 25 |
| Transaction Date | 2022-03-31 |
| Transaction Price | $13,800,000 |
| Buyer | SACHS HOLDINGS LLC |
| Seller | EXCLUSIVE PROPERTIES DEVELOPMENT GROUP I |
3364 Guider Ave Brooklyn 25-Unit Multifamily Investment
Neighborhood occupancy is around 94% with a high share of renter-occupied units, pointing to durable leasing fundamentals for a 25-unit asset, according to WDSuite s CRE market data. These figures reflect neighborhood conditions rather than the property itself.
Located in Brooklyn s Urban Core, the area surrounding 3364 Guider Ave scores an A among 889 metro neighborhoods and is competitive among New York-Jersey City-White Plains submarkets, per WDSuite s CRE market data. Amenity access is a clear strength: the neighborhood ranks in the top quartile nationally for cafes, restaurants, groceries, parks, and pharmacies, supporting daily convenience and renter appeal.
For multifamily demand, the neighborhood shows a high concentration of renter-occupied housing (about two-thirds of units), which broadens the tenant base and supports leasing stability. Neighborhood occupancy is approximately 94% and has edged higher over the past five years, indicating steady absorption and limited downtime at turnover. These are neighborhood-level metrics, not property-specific performance.
Within a 3-mile radius, demographics indicate a large resident base with households trending upward and average household size gradually declining, which can expand the renter pool and support consistent demand for apartments. Median incomes have risen meaningfully, and local contract rents have also increased in recent years, suggesting the submarket has sustained pricing power in line with broader metro patterns.
Ownership costs are elevated relative to incomes (high value-to-income ratios at the neighborhood level), creating a high-cost ownership market that tends to reinforce reliance on rental housing and can aid lease retention. Average school ratings are mixed, which may matter for some family renters, but the amenity density and transit access typical of this part of Brooklyn help maintain occupancy and day-to-day livability.
Safety outcomes trend below national norms in this neighborhood, with crime levels that are higher than the typical U.S. neighborhood. Within the New York-Jersey City-White Plains metro, the neighborhood s crime rank sits on the less favorable side of the median among 889 neighborhoods. Recent data show double-digit year-over-year declines in both violent and property offense estimates, indicating improvement, though conditions still warrant standard risk management and security practices.
Nearby employment centers in beverages, financial services, and professional staffing support renter demand through short commutes to Dr Pepper Snapple Group, Prudential, S&P Global, Guardian Life, and Robert Half.
- Dr Pepper Snapple Group beverages (7.3 miles)
- Prudential financial services (8.1 miles)
- S&P Global financial analytics (8.7 miles) HQ
- Guardian Life Ins. Co. of America insurance (8.7 miles) HQ
- Robert Half International professional staffing (8.7 miles)
Built in 2009, the 25-unit property is newer than much of the local housing stock, giving it a competitive edge versus older buildings while still allowing for targeted upgrades to refresh finishes and systems as part of a value-add plan. At the neighborhood level, occupancy is about 94% and renter concentration is high, pointing to durable demand and a large tenant base; these are neighborhood metrics, not property results. Based on commercial real estate analysis from WDSuite, amenity density and proximity to major employment clusters further support retention and day-to-day convenience.
Forward-looking fundamentals are supported by steady household growth within a 3-mile radius and gradually smaller household sizes, which can expand the renter pool and sustain occupancy. Elevated ownership costs in the area bolster reliance on multifamily housing, though rent-to-income levels suggest ongoing affordability pressure that owners should manage through measured upgrades and careful lease strategies.
- 2009 vintage offers competitive positioning versus older stock with clear value-add pathways
- Neighborhood occupancy around 94% and high renter concentration support leasing stability
- Amenity-rich Urban Core location near major employers aids retention and absorption
- 3-mile household growth and smaller household sizes expand the renter pool over time
- Risks: below-average safety versus national norms and affordability pressure require active management