| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 41st | Good |
| Demographics | 68th | Best |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1030 Whitney Rd E, Fairport, NY, 14450, US |
| Region / Metro | Fairport |
| Year of Construction | 1972 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1030 Whitney Rd E Fairport Multifamily Investment
Neighborhood fundamentals point to steady renter demand supported by suburban amenities and a broadly stable tenant base, according to WDSuite’s CRE market data. Focus is on durable occupancy and income retention rather than outsized growth.
This suburban Fairport location rates well within the Rochester metro, with an A neighborhood rating and a rank of 21 out of 359 neighborhoods — a competitive position for multifamily. Amenity access is solid for everyday needs: parks and pharmacies benchmark in the upper tiers locally, and restaurants and cafés are available at levels that support day-to-day convenience without urban congestion.
Renter-occupied housing in the neighborhood represents a meaningful share of units, indicating an established tenant base for multifamily operators. At the metro level, occupancy trends have been broadly steady in recent years; investors should underwrite for seasonality rather than structural volatility while monitoring any submarket-specific shifts noted in WDSuite’s commercial real estate analysis.
Within a 3-mile radius, demographics show a stable to slightly expanding renter pool over the forecast period: total households are expected to increase while average household size edges lower. This combination typically supports multifamily absorption by adding more households even when population growth is modest, which can help underpin occupancy and lease-up velocity.
Ownership costs remain relatively moderate in the Rochester region compared with higher-cost coastal markets, which can create some competition with entry-level ownership. Even so, neighborhood rent-to-income levels appear manageable, supporting tenant retention and reducing concession risk for stabilized assets. The property’s 1972 vintage is slightly newer than the neighborhood average construction year, suggesting competitive positioning versus older stock, though investors should still plan for targeted system upgrades and common-area modernization to sustain renter appeal.
Safety indicators for the neighborhood compare favorably at the national level. Violent and property offense rates benchmark in the upper national percentiles (safer relative to many U.S. neighborhoods), and recent year-over-year trends show meaningful declines. While conditions can vary by block and over time, the area’s trajectory supports renter retention and suitability for workforce- and lifestyle-oriented tenants.
Within the Rochester metro (359 neighborhoods), the area is competitive, and national comparisons place it in the stronger cohorts for safety. Investors should continue to monitor local reports and owner/manager feedback to keep risk controls current as the submarket evolves.
Nearby employers include Thermo Fisher Scientific, Constellation Brands, Xerox, Dish Network, and Wesco Distribution — a diversified base that supports commute convenience and helps stabilize renter demand.
- Thermo Fisher Scientific — life sciences (3.0 miles)
- Constellation Brands — beverage & consumer HQ (4.9 miles) — HQ
- Xerox Corporation — technology & services (8.0 miles)
- Dish Network — telecommunications/services (11.3 miles)
- Wesco Distribution — industrial distribution (12.2 miles)
Positioned in a competitive Rochester-metro neighborhood, 1030 Whitney Rd E benefits from established renter demand, solid amenity access, and safety metrics that compare well nationally. Based on CRE market data from WDSuite, neighborhood occupancy has been broadly stable, and rent-to-income levels appear manageable, supporting retention for well-operated assets.
The asset’s 1972 vintage is slightly newer than the area’s average building age, offering relative competitiveness versus older stock while still leaving room for targeted upgrades to elevate finishes and systems. Within a 3-mile radius, households are projected to increase even as average household size trends lower — a pattern that typically expands the tenant base and supports occupancy stability for multifamily.
- Competitive Rochester submarket with strong neighborhood rating and balanced amenity access
- Safety benchmarks in stronger national cohorts, supporting renter retention
- 1972 vintage offers value-add via targeted modernization while remaining competitive against older stock
- 3-mile radius shows increasing household counts, indicating a larger tenant base over the forecast period
- Risks: modest historical population softness and potential competition from accessible ownership; prudent underwriting on rent growth and capital planning is warranted