| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 62nd | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2026 Hudson Ave, Rochester, NY, 14617, US |
| Region / Metro | Rochester |
| Year of Construction | 1994 |
| Units | 55 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2026 Hudson Ave, Rochester NY Multifamily Investment
Neighborhood occupancy is strong and amenities are dense, pointing to durable renter demand and lease stability according to WDSuite’s CRE market data. Investors should view this as a suburban location with consistent demand drivers rather than a short-term momentum play.
This suburban pocket of Rochester scores an A+ and is competitive among Rochester neighborhoods (14th of 359), with dining, grocery, and pharmacy access above typical metro options. Restaurants and cafés are notably concentrated, while park access is limited, so day-to-day convenience is a strength but open-space amenities are thinner.
Neighborhood occupancy is very high and sits in the top quartile nationally, supporting revenue resilience through cycles. Median rents in the area remain aligned with local incomes, which helps sustain retention and reduces turnover volatility for multifamily operators.
The property’s 1994 vintage is newer than the neighborhood average stock from the early 1970s, offering a relative edge versus older comparables while still warranting selective modernization and systems updates to stay competitive.
Renter concentration at the neighborhood level is lower, with a smaller share of units renter-occupied. However, within a 3-mile radius the renter share is closer to half of households and households are projected to increase by mid-decade, indicating a broader catchment that can support lease-up and occupancy stability. The local ownership market is more accessible relative to many U.S. areas, which may introduce competition from for-sale options, but the area’s rent-to-income profile suggests manageable affordability pressure for tenants—supportive of pricing discipline and retention.
Safety indicators trend favorable compared with many U.S. neighborhoods. Property-crime conditions are in the stronger tiers nationally, and violent-crime metrics are above the national average for safety. Recent year-over-year trends show meaningful improvement, reinforcing stability rather than acute risk. Comparatively, this positions the area as competitive among Rochester neighborhoods without implying block-level conditions.
Nearby corporate employers provide a diversified white-collar and technical employment base that supports renter demand and commute convenience, including Wesco Distribution, Constellation Brands, Xerox, Dish Network, and Thermo Fisher Scientific.
- Wesco Distribution — distribution/electrical (3.5 miles)
- Constellation Brands, Inc. — beverage (3.5 miles)
- Xerox Corporation — technology & services (9.7 miles)
- Dish Network — telecommunications (10.7 miles)
- Thermo Fisher Scientific — life sciences (13.4 miles)
This 55-unit, 1994-vintage asset benefits from strong neighborhood occupancy and a service-rich suburban setting. According to CRE market data from WDSuite, the surrounding neighborhood ranks among Rochester’s stronger sub-areas, with daily conveniences and healthcare/retail access that underpin steady renter demand. Compared with older local stock, the vintage provides competitive positioning, while targeted upgrades can further enhance unit-level appeal and revenue durability.
Within a 3-mile radius, households have been growing and are projected to expand further, supporting a larger tenant base and lease-up visibility. Neighborhood rents remain aligned with area incomes, reinforcing retention potential; however, more accessible ownership costs and a lower immediate renter concentration mean operators should emphasize value, convenience, and quality to preserve pricing power.
- Strong neighborhood occupancy and amenity density support stable collections
- 1994 vintage outcompetes older local stock; scope for selective value-add
- 3-mile household growth expands the renter pool and supports lease-up
- Rents aligned with incomes bolster retention and pricing discipline
- Risk: lower neighborhood renter concentration and accessible ownership can increase competition