| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 37th | Poor |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 95 Ross St, Brooklyn, NY, 11249, US |
| Region / Metro | Brooklyn |
| Year of Construction | 1993 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
95 Ross St Brooklyn Multifamily Investment
Renter demand is supported by a high neighborhood renter concentration and a high-cost ownership market, according to WDSuite’s CRE market data. Neighborhood occupancy levels are steady, offering a baseline for income durability at the property level.
Located in Brooklyn’s Urban Core, the neighborhood surrounding 95 Ross St carries an A- rating and sits in the top quartile among 889 metro neighborhoods, signaling competitive fundamentals for multifamily investors. Amenity access is a notable strength, with dense coverage of restaurants, groceries, parks, pharmacies, and childcare placing the area among top national performers and supporting leasing and retention.
For housing dynamics, neighborhood occupancy is in the low 90s and the share of renter-occupied units ranks in the top quartile among 889, indicating a deep tenant base and resilience for multifamily assets. Median contract rents are elevated versus national norms, while home values and the value-to-income ratio are also high, reinforcing renter reliance on multifamily housing rather than ownership. This supports pricing power but warrants active lease management where rent-to-income ratios point to affordability pressure.
Within a 3-mile radius, population and household counts have grown over the past five years, with projections indicating further gains by 2028—expanding the renter pool and supporting occupancy stability. Income levels have trended higher alongside a growing share of upper-income households, which can sustain absorption of professionally managed product. These demand signals align with proximity to major employment nodes and the area’s dense daily-needs amenities, as reflected in WDSuite’s commercial real estate analysis.
Vintage positioning matters: built in 1993, the property is newer than the neighborhood’s average vintage (1980). That relative youth can offer an edge versus older stock while still calling for modernization and system updates typical of 1990s construction—creating potential for selective value-add.
Safety indicators for the neighborhood track below the national median, so investors should budget for appropriate on-site measures and monitor operating protocols. Recent trends are constructive: both violent and property offense rates show year-over-year declines, suggesting improvement versus the prior year based on WDSuite’s CRE market data.
As with many Urban Core locations in the New York–Jersey City–White Plains metro, safety conditions can vary by block and over time. A comparative view versus peer neighborhoods and continued tracking of localized trends is prudent during due diligence and ongoing operations.
The surrounding employment base includes financial services, utilities, and media firms within roughly 2–3 miles, supporting workforce housing demand and convenient commutes for residents. Notable nearby employers include AIG, Yahoo, AmTrust Financial Services, S&P Global, and Con Edison Distribution Engineering.
- AIG — insurance (2.2 miles) — HQ
- Yahoo — media & technology (2.4 miles)
- AmTrust Financial Services — insurance (2.4 miles) — HQ
- S&P Global — financial information & ratings (2.4 miles) — HQ
- Con Edison Distribution Engineering — utilities (2.5 miles)
95 Ross St offers exposure to a top-quartile Brooklyn neighborhood with dense amenities, a high share of renter-occupied housing, and steady occupancy at the neighborhood level. Built in 1993, the asset is newer than the local average vintage, positioning it competitively versus older stock while leaving room for targeted upgrades to enhance rentability. Elevated home values sustain renter demand and support pricing power, though lease management should account for affordability pressure in some cohorts. According to CRE market data from WDSuite, neighborhood rents sit well above national norms, and the combination of employment proximity plus growing 3-mile population and household counts points to ongoing renter pool expansion.
Key considerations include below-median national safety readings and lower average school ratings, which may influence tenant mix and operating practices. Overall, the location’s amenity density, renter depth, and relative vintage positioning create a credible long-term thesis with value-add and operational optimization potential.
- High renter concentration and steady neighborhood occupancy support income durability
- 1993 vintage offers relative competitiveness vs. older stock with selective upgrade upside
- Amenity-rich Urban Core location near major employers aids absorption and retention
- Pricing power supported by high-cost ownership market; manage rent-to-income to mitigate retention risk
- Monitor safety and school-quality perceptions as ongoing operating risks