| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Good |
| Demographics | 54th | Fair |
| Amenities | 22nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 753 East Ave, Hilton, NY, 14468, US |
| Region / Metro | Hilton |
| Year of Construction | 2001 |
| Units | 20 |
| Transaction Date | 1999-08-12 |
| Transaction Price | $75,000 |
| Buyer | PB PARMA LLC |
| Seller | MAWN THOMAS R |
753 East Ave, Hilton NY Multifamily Investment
Neighborhood-level occupancy is strong and renter affordability is favorable, according to WDSuite s CRE market data, supporting stable leasing fundamentals around this asset in suburban Monroe County.
Hilton s neighborhood shows durable housing fundamentals for workforce-oriented rentals. Neighborhood occupancy is at the top of the Rochester metro (ranked 1 of 359) and in the highest national percentile, which signals tight for-lease housing locally; this describes the neighborhood, not the property. Median contract rent trends sit near the national middle and are competitive among Rochester neighborhoods (rank 113 of 359), which can help sustain demand without aggressive concessions.
Amenity access is mixed. Caf e9 density is competitive among Rochester neighborhoods (rank 52 of 359), while broader amenities land above the metro median (amenity rank 169 of 359). However, park and pharmacy counts are thin in the immediate area, which may modestly weigh on walkable appeal and suggests value in on-site conveniences or parking.
Schools in the area rate above the metro median (rank 32 of 359) and slightly above the national middle, a positive for family-oriented renters. Home values are comparatively modest for the region, and the neighborhood s low rent-to-income ratio sits in a high national percentile, indicating limited affordability pressure supportive of retention but potentially tempering near-term pricing power.
Within a 3-mile radius, households have grown recently and are projected to expand further by 2028, even as past population change was flat to slightly negative. This points to smaller household sizes and a gradually expanding renter pool, which can support occupancy stability. Based on commercial real estate analysis from WDSuite, the submarket s suburban profile and income levels provide a solid backdrop for well-managed, right-sized units.
Comparable crime metrics for this neighborhood are not available in WDSuite s current metro dataset. Investors typically benchmark safety using official city, county, and state sources and review multi-year trends relative to Rochester s suburban peers to understand directionality rather than block-level detail.
Regional employers within commuting reach help underpin renter demand and retention, notably distribution, consumer goods, communications, and technology offices. The list below reflects nearby nodes that can support a stable tenant base.
- Wesco Distribution distribution (9.7 miles)
- Constellation Brands, Inc. consumer goods offices (12.7 miles)
- Dish Network communications services (17.6 miles)
- Xerox Corporation technology & business services (19.2 miles)
- Constellation Brands consumer goods offices (23.9 miles) HQ
Built in 2001, 753 East Ave is newer than the neighborhood s average vintage, offering a competitive edge versus older suburban stock while still warranting routine systems updates and potential light value-add. Tight neighborhood occupancy (neighborhood metric) and renter affordability in a high national percentile indicate a stable demand base and support for steady leasing, according to CRE market data from WDSuite.
Within a 3-mile radius, households have increased and are projected to grow further by 2028, suggesting a larger tenant base ahead even as past population trends were flat. The area s comparatively accessible ownership market may create some competition for renters, but balanced rents near the national middle and proximity to diversified employment nodes help sustain absorption for smaller unit types typical of this 20-unit property.
- Newer 2001 vintage relative to area stock supports competitive positioning with modest capex planning.
- Neighborhood occupancy sits at the top of the metro (neighborhood metric), reinforcing leasing stability.
- 3-mile household growth and projections point to a gradually expanding renter pool and stable absorption.
- Balanced rents and strong incomes aid retention; affordability may temper near-term rent growth risk.
- Risks: low renter-occupied share locally and thinner park/pharmacy access could weigh on walkability and pricing power.