| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 59th | Fair |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 200 Carney St, Glen Cove, NY, 11542, US |
| Region / Metro | Glen Cove |
| Year of Construction | 2012 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
200 Carney St Glen Cove Multifamily Investment
Newer construction in a high-demand North Shore submarket points to durable renter demand and steady leasing, according to WDSuite s CRE market data. Neighborhood fundamentals skew strong for occupancy and income performance relative to wider benchmarks.
Glen Cove s Urban Core setting offers day-to-day convenience that supports tenant retention. Caf e9, restaurant, grocery, and pharmacy densities sit in the mid‑90s national percentiles, providing ample amenities within short drives and reinforcing livability for workforce and professional renters. The neighborhood earns an A rating and ranks competitively among 608 Nassau County Suffolk County neighborhoods, signaling well-rounded fundamentals rather than a single-point strength.
At the neighborhood level (not the property), occupancy trends are healthy and above many national comparisons, and net operating income performance per unit ranks in the mid‑90s percentiles nationally, based on CRE market data from WDSuite. A sizable share of housing units are renter-occupied, indicating depth in the tenant base and lending support to leasing velocity and renewal capture for well-positioned assets.
Within a 3‑mile radius, population has grown in recent years with households expanding as well, and WDSuite s projections point to further increases by 2028. This trajectory suggests a larger renter pool over time, which can underpin occupancy stability and absorption for professionally managed multifamily.
Ownership costs are elevated by national standards (home values and value‑to‑income sit in high national percentiles), which typically sustains reliance on rental housing in supply‑constrained Long Island nodes. For investors, this context supports pricing power when units are competitively finished and managed, while also emphasizing the importance of income-aligned leasing strategies.
Comparable, property‑level crime metrics are not available in the provided dataset. Market participants typically benchmark neighborhood safety to city and metro trends when data are published; investors should review the latest official sources and owner records for precise block‑level context. The analysis above focuses on demand drivers and operating fundamentals supported by WDSuite s CRE data.
Proximity to established corporate headquarters on Long Island and nearby Westchester/Fairfield supports commuter convenience and a diversified renter base. The following employers anchor regional white‑collar and operations roles relevant to leasing stability: W.R. Berkley, XPO Logistics, Henry Schein, Mastercard, and PepsiCo.
- W.R. Berkley insurance (11.3 miles) HQ
- XPO Logistics logistics (11.5 miles) HQ
- Henry Schein healthcare distribution (12.3 miles) HQ
- Mastercard payments technology (12.5 miles) HQ
- PepsiCo consumer packaged goods (13.0 miles) HQ
Built in 2012 with 25 units, 200 Carney St is materially newer than the area s older housing stock, positioning it competitively versus prewar inventory while still warranting standard mid‑life capital planning over the hold. Neighborhood fundamentals signal resilient renter demand: occupancy is strong at the neighborhood level, renter-occupied unit share is substantial, and homeownership costs are high relative to incomes factors that collectively support tenant retention and leasing durability.
Within a 3‑mile radius, both population and household counts have risen and are projected to continue growing, indicating a larger tenant base over time. According to CRE market data from WDSuite, neighborhood‑level income performance and amenity access rank well against national peers, suggesting room to maintain competitive rents where units are well finished and managed. Key watch items include rent‑to‑income pressures typical of high‑cost Long Island markets and the need for disciplined lease management to sustain occupancy and collections.
- 2012 vintage offers competitive positioning versus older local stock, with manageable mid‑life CapEx planning
- Strong neighborhood occupancy and sizable renter-occupied share support leasing stability
- High ownership costs reinforce reliance on rentals, aiding retention and pricing power
- 3‑mile population and household growth point to an expanding renter pool
- Risk: elevated rent‑to‑income ratios in the region require careful lease and renewal management