| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 82nd | Best |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 61 Bryant Ave, Roslyn, NY, 11576, US |
| Region / Metro | Roslyn |
| Year of Construction | 2006 |
| Units | 49 |
| Transaction Date | 2021-03-01 |
| Transaction Price | $33,000,000 |
| Buyer | FAIRFIELD 61 BRYANT LLC |
| Seller | HORIZON AT ROSLYN LLC |
61 Bryant Ave, Roslyn NY Multifamily Investment
Positioned in an affluent, high-cost ownership pocket of Nassau County, this 49-unit asset benefits from steady neighborhood occupancy and a deep white-collar renter base, according to WDSuite’s CRE market data. Investor focus: durable demand drivers from location fundamentals rather than speculative lease-up.
Roslyn’s neighborhood ranks 26th of 608 within the Nassau County–Suffolk County metro, indicating a competitive position among peer neighborhoods. Amenity access is solid, with restaurants, cafes, parks, and pharmacies collectively in the top quartile nationally, supporting day-to-day convenience that tends to sustain renter interest and lease retention.
Neighborhood occupancy is strong and has trended up over the past five years, with the area sitting in roughly the 76th percentile nationally for occupancy. For investors, this points to relatively stable leasing conditions rather than heavy volatility, with less sensitivity to short-term shocks based on CRE market data from WDSuite.
The area’s renter-occupied share is modest at the neighborhood level (about a quarter of housing units), which typically reflects limited multifamily stock in an otherwise ownership-heavy suburb. In practice, that can support pricing power for well-located apartments while requiring careful asset management to maintain absorption and renewals.
Ownership costs in the neighborhood are elevated relative to national norms, and household incomes are also high. This combination often reinforces reliance on professionally managed rentals, with affordability pressure appearing manageable given rent-to-income readings that sit favorably versus many U.S. locales. Demographic statistics referenced here are aggregated within a 3-mile radius and indicate a stable population base with projected growth and a larger household count ahead, which can expand the renter pool and support occupancy stability.
Comparable neighborhood safety benchmarks were not available in WDSuite for this specific area at the time of publication. Investors typically contextualize property-level safety by comparing neighborhood trends to broader county and metro patterns and by assessing onsite measures (lighting, access control, and management practices) as part of standard diligence.
A cluster of nearby corporate offices and several headquarters — Henry Schein, Prudential, XPO Logistics, W.R. Berkley, and Mastercard — supports a sizable professional workforce and commute-friendly demand for quality rentals in Roslyn’s suburban location.
- Henry Schein — healthcare distribution (12.4 miles) — HQ
- Prudential — insurance & financial services (14.3 miles)
- Xpo Logistics — transportation & logistics (14.8 miles) — HQ
- W.R. Berkley — insurance (14.8 miles) — HQ
- Mastercard — payments & technology (15.4 miles) — HQ
Built in 2006, the property is newer than much of the surrounding housing stock, offering competitive positioning versus older inventory while leaving room for targeted modernization to enhance rents and operating efficiency. Neighborhood occupancy sits in the upper quartile nationally with steady improvement, and elevated home values in this submarket tend to sustain multifamily demand. Within a 3-mile radius, projections point to population growth and a larger household base, supporting a broader tenant pipeline and occupancy stability.
The renter-occupied share locally is relatively low, signaling an ownership-leaning suburb and a thinner multifamily pipeline—conditions that can support pricing and renewal outcomes for well-managed assets. According to CRE market data from WDSuite, amenity access is competitive and demand is anchored by a sizable professional employment base, while investors should underwrite thoughtfully for turnover and ongoing capital to keep a 2006-vintage asset current.
- Occupancy stability in a competitive Nassau County submarket supports predictable leasing
- 2006 vintage offers relative advantage versus older stock with value-add/modernization upside
- High-cost ownership market and affluent incomes bolster renter demand and retention
- Nearby corporate employers underpin a steady white-collar renter pool
- Risk: ownership-leaning area and modest renter concentration require disciplined leasing strategy