| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Good |
| Demographics | 54th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 Park Sq, Hilton, NY, 14468, US |
| Region / Metro | Hilton |
| Year of Construction | 1972 |
| Units | 67 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Park Sq Hilton NY 67-Unit Multifamily
Neighborhood occupancy is exceptionally strong and supports steady leasing, while a high-income tenant base suggests retention potential, according to WDSuite’s CRE market data. Ownership is relatively accessible in this area, so rent growth may track fundamentals rather than outsized gains.
Hilton is a suburban pocket of the Rochester metro with stable housing dynamics and a strong occupancy backdrop at the neighborhood level. The area’s renter-occupied share is modest, indicating a smaller but steady tenant base and the need to target demand from households prioritizing convenience and value over ownership. Median household incomes rank high nationally, which can aid collections and renewals, though pricing power should be managed carefully where ownership costs are comparatively attainable.
Daily needs are largely car-served. Grocery access is competitive versus many suburban peers (national percentile ~57), and cafe density is relatively strong (around the 77th percentile nationally), but on-neighborhood restaurants, parks, and pharmacies are limited. For operators, this favors positioning that emphasizes on-site services, parking, and quick drives to nearby retail nodes rather than walkable amenity narratives.
Schools average around 3.0 out of 5 and sit above national median quality, which can support family-oriented renter interest. The property’s 1972 vintage is slightly newer than the neighborhood’s average construction year (1966), suggesting a competitive edge versus older stock; investors should still plan for system updates and selective renovations to maintain positioning.
Within a 3-mile radius, WDSuite data shows modest population growth recently with projections for further expansion over the next five years, alongside an expected increase in households that points to a larger tenant base. Median contract rents in the radius have risen while the neighborhood’s rent-to-income ratio sits in a favorable national percentile, which supports retention but implies that measured rent steps tied to value delivery may be most effective. This commercial real estate analysis aligns with a thesis of occupancy stability offset by limited near-term rent outperformance.
Comparable crime metrics for this neighborhood are not available in WDSuite’s dataset. Investors typically benchmark safety by reviewing metro and county trend reports, speaking with local stakeholders, and conducting site- and block-level diligence at multiple times of day. Positioning should reflect standard risk controls (lighting, access management, resident screening) consistent with suburban Rochester operations.
The surrounding employment base mixes distribution, consumer brands, telecom, and technology offices—supporting commute convenience for workforce and professional renters. The list below highlights nearby employers that can help underpin demand and lease retention.
- Wesco Distribution — distribution (9.7 miles)
- Constellation Brands, Inc. — consumer products offices (12.7 miles)
- Dish Network — telecom services (17.5 miles)
- Xerox Corporation — technology/printing (19.3 miles)
- Constellation Brands — consumer products offices (23.9 miles) — HQ
This 67-unit asset benefits from a neighborhood with exceptionally high occupancy levels and a high-income renter profile, which together support stable collections and renewals. The 1972 vintage is slightly newer than the area’s average stock, offering a modest competitive position versus older properties; selective capital focused on interiors, building systems, and curb appeal can enhance leasing velocity and maintain rent positioning.
Within a 3-mile radius, WDSuite data indicates population growth and a projected increase in households, pointing to a gradually expanding renter pool that supports occupancy stability. At the same time, relatively accessible ownership costs in the neighborhood suggest measured rent growth and careful lease management. According to CRE market data from WDSuite, the rent-to-income backdrop is favorable, reinforcing retention while arguing for incremental, value-linked price moves rather than aggressive step-ups. Key risks include a low renter-occupied share locally and limited on-neighborhood amenities, which place a premium on asset quality, operations, and parking.
- Neighborhood occupancy strength supports stable leasing versus metro peers
- 1972 vintage slightly newer than local average; targeted capex can sustain competitiveness
- Expanding 3-mile household counts point to a gradually larger tenant base
- Favorable rent-to-income dynamics support retention with value-linked rent steps
- Risks: low renter concentration and limited on-neighborhood amenities may temper rent outperformance