| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 32nd | Fair |
| Demographics | 43rd | Fair |
| Amenities | 62nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 49 William St, Dansville, NY, 14437, US |
| Region / Metro | Dansville |
| Year of Construction | 1983 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
49 William St Dansville NY 24-Unit Multifamily
Neighborhood occupancy in the low-90s suggests steady renter demand and manageable lease-up risk for this 24-unit asset, according to WDSuite’s CRE market data. Affordability looks supportive for retention, with rents modest relative to local incomes at the neighborhood level.
The property sits in a suburban pocket of the Rochester, NY metro that rates B+ and is competitive among Rochester neighborhoods (ranked 108 of 359). At the neighborhood level, occupancy trends hover around the metro median and above the national midpoint, which supports baseline stability for a 24-unit multifamily asset.
Renter-occupied share is on the lower side locally (about one-fifth of housing units), indicating a smaller renter base and some competition from ownership. However, rent-to-income sits near 0.12 in the neighborhood, signaling limited affordability pressure and potential room for measured rent adjustments as leases turn, based on CRE market data from WDSuite.
Daily-life amenities are adequate for a smaller market: neighborhood measures for restaurants, cafes, and pharmacies trend in the upper-middle range nationally, while park access is limited. Average school ratings trail national norms (around the 37th percentile), though within the metro the area performs in the top quartile for school rating rank; investors may want to calibrate family-oriented leasing strategies accordingly.
Demographic figures aggregated within a 3-mile radius show recent population growth and a concurrent increase in households, with projections pointing to further household and income gains over the next five years. For investors, this suggests a gradually expanding tenant base and support for occupancy stability, even as the owner-occupied presence remains high.
Comparable neighborhood crime metrics are not available in this dataset. Investors typically benchmark safety using local law-enforcement publications and municipal reporting, and compare trends against Rochester metro and national baselines to understand directionality and potential impact on leasing and retention.
Regional employers within commuting distance underpin renter demand by providing a diversified employment base across telecom, beverage, life sciences, distribution, and advanced materials.
- Dish Network — telecommunications (33.8 miles)
- Constellation Brands — beverage/alcohol (34.8 miles) — HQ
- Thermo Fisher Scientific — life sciences (39.1 miles)
- Wesco Distribution — electrical distribution (42.5 miles)
- Corning — advanced materials (43.6 miles) — HQ
This 1983-vintage, 24-unit asset offers a straightforward workforce housing profile in a suburban Rochester-area neighborhood where occupancy trends indicate steady demand and rent-to-income levels point to manageable affordability pressure. The older vintage suggests potential value-add through targeted interior upgrades and systems modernization, while neighborhood-level rents remain accessible relative to incomes—conditions that can support retention and measured rent growth.
Within a 3-mile radius, recent population gains and rising household counts indicate a larger tenant pool ahead, complemented by income growth that can reinforce collections. Nearby employment centers across telecom, beverage, life sciences, distribution, and advanced materials add commute-accessible jobs, while WDSuite’s commercial real estate analysis indicates the neighborhood’s occupancy performance is around the metro median and above national midpoints.
- Neighborhood occupancy sits around the metro median, supporting baseline stability with above-national positioning.
- Rent-to-income near 0.12 suggests limited affordability pressure and room for disciplined rent optimization.
- 1983 vintage provides value-add potential via interior refresh and systems updates to enhance competitiveness.
- 3-mile demographics point to population and household growth, expanding the local renter pool.
- Risk: Lower renter-occupied share and relatively accessible homeownership can temper pricing power; underwriting should reflect a smaller renter base and competition from ownership.