| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Best |
| Demographics | 59th | Good |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4325 Clear View Dr, Geneseo, NY, 14454, US |
| Region / Metro | Geneseo |
| Year of Construction | 2001 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4325 Clear View Dr Geneseo NY Multifamily 64 Units
Stable neighborhood fundamentals and a deep renter base position this asset for steady leasing, according to WDSuite s CRE market data. Occupancy in the surrounding neighborhood remains healthy, supporting consistent cash flow potential without relying on outsized rent growth.
The property sits in a suburban pocket of the Rochester, NY metro that ranks competitive among 359 metro neighborhoods on overall neighborhood quality (A rating, rank 54 of 359), based on CRE market data from WDSuite. Local occupancy in the neighborhood is reported at 93.4%, a level that generally supports stable leasing and retention.
Renter-occupied housing accounts for an estimated 55.3% of units in the neighborhood, indicating a sizable tenant pool for multifamily owners and reducing lease-up risk relative to more ownership-heavy areas. Median contract rents in the immediate neighborhood are near the national midpoint, while the rent-to-income ratio of roughly 0.16 suggests manageable affordability pressure that can aid renewals and reduce turnover.
Within a 3-mile radius, population has been generally stable and is projected to edge higher over the next five years, while forecasts indicate smaller average household sizes. That combination typically expands household counts and can translate into a larger renter pool, which helps support occupancy stability for well-managed assets.
Amenity access is mixed: cafe density tests above national medians and overall amenities are competitive among Rochester neighborhoods (amenity rank 95 of 359), but nearby parks and pharmacies are limited within the neighborhood footprint. For investors, that raises the importance of on-site conveniences and property-level services to strengthen retention. Median home values in the neighborhood are moderate for the region, which can introduce some competition from entry-level ownership; in practice, this tends to reward operators that differentiate on convenience, maintenance responsiveness, and community programming.
Constructed in 2001, the asset is newer than much of the legacy 1980s stock seen in parts of the region, offering competitive positioning versus older properties. Investors should still plan for targeted modernization of aging systems and common areas over the hold to maintain rentability and renter appeal.
Neighborhood-level crime metrics are not available in WDSuite for this location. Investors typically benchmark safety using local law enforcement reports and county resources, and compare trends to Rochester metro norms to assess tenant retention and insurance considerations.
A prudent approach is to review multi-year trends and surrounding submarket patterns rather than single-year snapshots, and to align security measures with resident profile and property design to support leasing stability.
Proximity to a diversified employment base supports renter demand and commute convenience, notably with roles in telecommunications, beverages, distribution, life sciences, and document technology.
- Dish Network telecommunications (19.1 miles)
- Constellation Brands beverages (23.5 miles) HQ
- Wesco Distribution distribution (27.3 miles)
- Thermo Fisher Scientific life sciences (28.3 miles)
- Xerox Corporation document technology (34.9 miles)
This 64-unit, 2001-vintage multifamily asset benefits from a renter-concentrated neighborhood and occupancy around the low-90s, supporting steady performance relative to broader Rochester trends. According to CRE market data from WDSuite, the neighborhood ranks competitive among metro peers on overall quality, with moderate rents and a rent-to-income profile that supports retention rather than aggressive turnover.
Within a 3-mile radius, forecasts point to modest population growth alongside smaller household sizes, which typically increases household counts and deepens the tenant base. While homeownership remains relatively accessible in the area, assets that emphasize on-site convenience and thoughtful upgrades can sustain pricing power against entry-level ownership alternatives.
- Renter concentration and healthy neighborhood occupancy support leasing stability.
- 2001 construction offers competitive positioning versus older regional stock, with selective modernization potential.
- 3-mile trends suggest a broader renter pool as household sizes decline, aiding demand durability.
- Moderate rent levels and manageable rent-to-income dynamics can support renewals and cash flow consistency.
- Risks: competition from ownership options and limited nearby parks/pharmacies heighten the importance of property amenities and management.