| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 22nd | Fair |
| Demographics | 39th | Good |
| Amenities | 38th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 95 Division St, Amsterdam, NY, 12010, US |
| Region / Metro | Amsterdam |
| Year of Construction | 1976 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
95 Division St Amsterdam NY Multifamily Opportunity
Positioned for workforce demand with larger unit layouts and a mid-1970s vintage that supports value-add, according to WDSuite’s CRE market data. Neighborhood amenities skew toward groceries and parks, helping sustain day-to-day renter convenience.
The property sits in an Inner Suburb of Amsterdam, NY with an A- neighborhood rating and a standing that is competitive among Amsterdam neighborhoods (ranked 7th of 30). This context indicates livability factors that can support leasing—particularly everyday needs—without relying on destination retail.
Amenity access is led by grocery and park coverage, which sits in higher tiers locally and in the upper national percentiles for density. Restaurant options are present, while cafes and pharmacies are thinner; investors should underwrite tenant convenience as a function of essentials rather than specialty retail. This balance can favor stable, needs-based renter traffic over discretionary footfall.
Housing tenure in the immediate area shows a renter-occupied share that is above the metro median—top quartile among the 30 metro neighborhoods—pointing to a meaningful tenant base for multifamily. By contrast, neighborhood occupancy (measured for the neighborhood, not the property) trends below metro norms and has softened over the last five years; operators should plan for active leasing and asset-level differentiation to outperform the local baseline.
Within a 3-mile radius, population has been essentially flat in recent years while household counts have inched up, and WDSuite’s forecasts point to household growth over the next five years. Smaller average household sizes and a modest renter pool expansion can support occupancy stability, particularly for larger units that appeal to families or roommate households. Home values and incomes in the area are lower than many national peers, which can create some competition from ownership, but rent-to-income levels suggest manageable affordability pressure—helpful for retention and lease management as part of disciplined commercial real estate analysis.
Vintage matters here: the average neighborhood housing stock skews older, while this asset’s 1976 construction is newer than much of the local inventory. That positioning can be leveraged with targeted renovations to improve competitive standing versus older walk-up stock while planning for systems upgrades typical of mid-1970s buildings.
Comparable neighborhood safety figures were not available in WDSuite’s dataset for this location. Investors should benchmark conditions against city and county reporting and evaluate on-the-ground indicators (property upkeep, lighting, and visibility) to contextualize resident experience.
In underwriting, treat safety as a comparative factor across Amsterdam submarkets and prioritize measures that improve resident comfort—clear site lines, access control, and coordination with local community resources—rather than relying on block-level statistics.
Regional employment access is anchored by large corporate offices within commuting range, supporting a stable workforce renter base. Notable employers include IBM and McKesson, which can contribute to leasing depth for mid-market units.
- IBM — technology & corporate offices (30.3 miles)
- McKesson — healthcare distribution & services (37.7 miles)
This 48-unit property built in 1976 offers larger-than-typical floor plans for the area, positioning it to capture family and roommate demand as household sizes trend slightly smaller within a 3-mile radius. Grocery and park access are relative strengths, while limited specialty retail nearby suggests a strategy focused on essentials-driven renters and operational consistency. According to CRE market data from WDSuite, the surrounding neighborhood shows a renter-occupied profile in the top quartile locally, supporting a durable tenant base even as neighborhood-level occupancy has softened.
The vintage is newer than much of the local housing stock, creating practical value-add angles—kitchen/bath updates, common-area refreshes, and systems modernization—to improve competitive standing versus older walk-ups. Affordability metrics indicate manageable rent-to-income levels, which can aid retention; however, relatively accessible ownership options may temper pricing power, making renovation-driven differentiation and prudent lease management important to performance.
- 1976 vintage newer than local stock, with clear value-add and systems upgrade pathways
- Larger unit sizes support family/roommate demand and lease retention
- Essentials-oriented location: strong grocery and park access underpin everyday renter convenience
- Investor watch: neighborhood occupancy is soft; prioritize marketing, renewals, and unit upgrades to outperform
- Pricing power moderated by more accessible ownership; focus on operational execution and targeted capex