| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 43rd | Poor |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 60 Moore St, Brooklyn, NY, 11206, US |
| Region / Metro | Brooklyn |
| Year of Construction | 1975 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
60 Moore St Brooklyn Multifamily with Stable Renter Demand
Neighborhood occupancy remains firm with deep renter concentration, according to WDSuite s CRE market data, supporting consistent lease-up and retention dynamics. Position benefits from Urban Core amenities and strong commuting optionality within Brooklyn.
Rated A and situated in an Urban Core location, the neighborhood ranks 110th out of 889 metro neighborhoods , placing it in the top quartile locally. Amenity access is a clear strength: restaurants, cafes, parks, groceries, and pharmacies all benchmark at the highest national percentiles, which supports renter satisfaction and reduces turnover risk for multifamily assets.
Occupancy in the neighborhood is strong and has trended higher over the past five years, and the area shows among the highest NOI per unit averages in the metro (top tier rank). Coupled with an 84.9% share of renter-occupied housing units, the tenant base is deep and helps underpin day-to-day leasing stability.
Within a 3-mile radius, WDSuite s data indicates population growth alongside a larger household count, pointing to continued renter pool expansion. Median contract rents have risen over the past five years and are projected to advance further, while household incomes are also projected to increase. These dynamics support revenue durability, though owners should calibrate pricing to sustain occupancy.
Home values in the neighborhood are elevated relative to incomes and among the higher levels nationally. This high-cost ownership market tends to reinforce reliance on rental housing and can aid lease retention, but the rent-to-income backdrop suggests vigilance on affordability pressure and renewal management.
Safety metrics are mixed. The neighborhood s crime rank is 347th among 889 metro neighborhoods, indicating below metro average safety. Nationally, overall safety positions around the lower third, yet recent trends show improvement with year-over-year declines in both violent and property offense estimates. Investors commonly address this by emphasizing on-site security measures, lighting, and resident engagement to support retention.
Proximity to major employers in media & tech, utilities, insurance, and airline services supports commuter convenience and broad-based renter demand. Nearby organizations include Yahoo, Con Edison Distribution Engineering, Consolidated Edison, AIG, and JetBlue Airways.
- Yahoo media & tech (3.14 miles)
- Con Edison Distribution Engineering utilities (3.16 miles)
- Consolidated Edison utilities (3.16 miles) HQ
- Aig insurance (3.24 miles) HQ
- Jetblue Airways airline (3.27 miles) HQ
An 80-unit asset at 60 Moore St benefits from a top-quartile Urban Core neighborhood with best-in-class amenity access and a deep renter base. Based on CRE market data from WDSuite, neighborhood occupancy is elevated and trending up, while high ownership costs in the area continue to reinforce reliance on multifamily housing. The property s compact average unit size can align with demand for efficient, attainable rentals, supporting leasing velocity and rent-per-square-foot.
Forward-looking 3-mile data points to population growth, an increase in households, and rising incomes, which together expand the renter pool and support occupancy stability. At the same time, below-national safety metrics and rent-to-income pressure warrant prudent asset management focused on renewals, resident experience, and security practices.
- Top-quartile Urban Core location with exceptional amenity access supporting renter retention
- Strong neighborhood occupancy trends and deep renter-occupied housing share underpin leasing stability
- Compact unit mix aligns with demand for efficient living and can support rent-per-square-foot
- High ownership costs locally reinforce reliance on multifamily, aiding renewals
- Risk: safety metrics below national norms and affordability pressure require active management