| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 43rd | Poor |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 836 Dekalb Ave, Brooklyn, NY, 11221, US |
| Region / Metro | Brooklyn |
| Year of Construction | 2013 |
| Units | 36 |
| Transaction Date | 2010-08-17 |
| Transaction Price | $100,000 |
| Buyer | 836 DEKALB HOLDINGS LLC |
| Seller | 836 DEKALB AVENUE LLC |
836 Dekalb Ave Brooklyn Multifamily Investment
Renter demand is reinforced by a high neighborhood renter-occupied share and competitive occupancy, according to WDSuite’s CRE market data. This supports income stability for a 2013 asset in an Urban Core location while allowing selective rent optimization.
836 Dekalb Ave sits in an Urban Core neighborhood rated A (ranked 110 of 889 metro neighborhoods), where daily-life amenities are a defining strength. Cafes, groceries, pharmacies, parks, and restaurants all register in the top national percentiles, indicating dense, walkable access that underpins renter retention and leasing velocity. These amenity advantages compare favorably with both metro and national CRE trends.
Neighborhood occupancy is competitive among New York-Jersey City-White Plains neighborhoods (rank 245 of 889; national percentile 81), and the renter-occupied share is among the highest nationally (99th percentile). For investors, that depth of renter households signals a broad tenant base and supports stabilized operations across cycles. The property’s 2013 construction year is newer than the area’s average vintage (1975), providing relative competitiveness versus older stock, though normal system updates and modernization should be planned over the hold.
Within a 3-mile radius, population and household counts have expanded in recent years and are projected to continue growing, pointing to a larger tenant base ahead. Household sizes are trending smaller over time, which aligns with the property’s smaller average unit size (about 420 sf) and can support demand from singles and young professionals.
Home values in the neighborhood are elevated relative to national norms (upper percentiles), a high-cost ownership context that tends to reinforce reliance on rental housing and supports pricing power when paired with strong amenities and commuter access. At the same time, rent-to-income levels indicate some affordability pressure, so proactive lease management and product-market fit remain important. Average school ratings trail national norms, which may be less central for smaller-unit assets but is still a consideration for family-driven demand.
Safety indicators for the neighborhood track below national percentiles, meaning reported crime rates are higher than in many U.S. neighborhoods. However, recent trend data shows year-over-year declines in both violent and property offenses, suggesting conditions have been improving rather than worsening.
For context, these metrics are neighborhood-level, not property-specific, and should be evaluated alongside on-site security practices and street-level conditions during diligence. Comparative framing versus nearby metro neighborhoods and continued trend improvement will matter most for underwriting.
Nearby corporate offices and headquarters in finance and related services create strong commuter employment nodes that support renter demand and retention. The list below highlights key employers within roughly 3–4 miles that align with the local renter base.
- Aig — insurance (3.4 miles) — HQ
- S&P Global — financial analytics (3.6 miles) — HQ
- Amtrust Financial Services — insurance (3.6 miles) — HQ
- Guardian Life Ins. Co. of America — insurance (3.6 miles) — HQ
- Assurant — insurance (3.7 miles) — HQ
This 36-unit property, built in 2013, is newer than the neighborhood’s average vintage and benefits from dense, top-tier urban amenities that bolster leasing and retention. Neighborhood occupancy is competitive within the metro and the renter-occupied share ranks near the top nationally, supporting stable cash flows and a broad tenant pool. Elevated local home values point to a high-cost ownership market that sustains demand for rentals, while the property’s smaller average unit size fits households trending smaller within a 3-mile radius.
According to CRE market data from WDSuite, the area’s amenity density and sustained renter concentration compare favorably with metro and national benchmarks. Investors should still account for below-average safety percentiles and modest school ratings, balancing these risks with the property’s relative vintage advantage and location fundamentals.
- Newer 2013 vintage versus local average, offering competitive positioning against older stock
- Competitive neighborhood occupancy and deep renter-occupied base support income durability
- Amenity-rich Urban Core location aids leasing velocity and retention
- High-cost ownership context reinforces sustained apartment demand and pricing power
- Risks: below national safety percentiles and lower school ratings warrant underwriting adjustments and on-site mitigation