| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 75th | Best |
| Amenities | 0th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1 Sinclair Dr, Pittsford, NY, 14534, US |
| Region / Metro | Pittsford |
| Year of Construction | 2005 |
| Units | 92 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1 Sinclair Dr, Pittsford NY Multifamily 2005 Suburban Asset
Neighborhood occupancy is competitive among Rochester neighborhoods, according to WDSuite s CRE market data, with high local incomes supporting stable rent performance.
Pittsford is a suburban location within the Rochester, NY metro that skews high income and largely owner-occupied, which shapes multifamily demand toward quality, convenience, and retention. Neighborhood occupancy is strong (competitive among Rochester neighborhoods at a rank of 72 out of 359), and national comparisons place it well above typical levels, supporting stable leasing for professionally managed assets.
Amenity density inside the immediate neighborhood is limited (ranks near the bottom of 359 Rochester neighborhoods for retail, food, parks, and daily needs), so residents commonly rely on nearby corridors for shopping and services. For investors, this typically means marketing emphasizes quiet, residential character and drive-time access rather than walkability.
Ownership costs are elevated for the region (median home values track high versus national norms), and median household incomes rank near the top of the metro and nationally. With a rent-to-income ratio around 0.21, affordability pressure for renters is relatively contained, which can aid lease retention and collections. Renter-occupied housing comprises a smaller share of units in this neighborhood, indicating a narrower renter pool but one that can support well-positioned multifamily product.
Within a 3-mile radius, demographics show recent population growth and an increase in households, and projections indicate further expansion in the resident base over the next five years. This points to a gradually larger tenant base and supports occupancy stability for properties that align with suburban preferences.
Neighborhood-level crime benchmarks are not available in this dataset for Pittsford. Investors typically contextualize safety by comparing property performance and incidents to Monroe County and broader Rochester trends, alongside feedback from local operators and insurers. Given the suburban context, underwriting often focuses on property-level controls, lighting, and resident screening rather than block-by-block statistics.
Nearby employers provide a diversified white-collar employment base that supports renter demand through commute convenience and income stability, including Dish Network, Constellation Brands, Thermo Fisher Scientific, Wesco Distribution, and Xerox.
- Dish Network — telecom/media services (5.5 miles)
- Constellation Brands — beverage & consumer products (5.5 miles) — HQ
- Thermo Fisher Scientific — life sciences (8.1 miles)
- Wesco Distribution — industrial distribution (8.9 miles)
- Xerox Corporation — technology & print solutions (11.9 miles)
Built in 2005, this asset is newer than much of the surrounding housing stock, positioning it competitively against older inventory while still warranting mid-life capital planning for systems, interiors, and amenities. Strong neighborhood occupancy and high household incomes, together with a high-cost ownership landscape, support steady renter demand and pricing power for well-managed suburban multifamily. Based on commercial real estate analysis from WDSuite, the neighborhood’s occupancy performance is competitive within the Rochester metro, reinforcing an underwriting case for stable operations.
Within a 3-mile radius, population and household counts have grown and are projected to continue rising, indicating a gradually expanding tenant base. While the renter-occupied share is lower than in urban submarkets, that dynamic can favor stabilized operations where product quality, management, and commute access align with suburban preferences.
- 2005 vintage offers relative competitiveness versus older local stock, with clear value-add and capex planning opportunities.
- Competitive neighborhood occupancy within the Rochester metro supports leasing stability.
- High local incomes and a high-cost ownership market bolster renter demand and retention.
- 3-mile radius shows recent and projected growth in residents and households, expanding the tenant base.
- Risks: limited amenity density and a smaller renter-occupied share can slow lease-up; plan for targeted marketing and asset enhancements.