| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Good |
| Demographics | 42nd | Poor |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1904 Saint Agnes Rd, Uniondale, NY, 11553, US |
| Region / Metro | Uniondale |
| Year of Construction | 1989 |
| Units | 75 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1904 Saint Agnes Rd Uniondale Multifamily with Stable Occupancy
Neighborhood-level occupancy is strong and renter demand benefits from a high-cost ownership market, according to WDSuite’s CRE market data.
Uniondale’s inner-suburban setting offers daily-life convenience that supports renter retention. Grocery and pharmacy access track in the upper national percentiles, while parks and childcare are also well represented. Restaurant options are solid, though café density is thinner than core urban areas. Average school ratings trend below national midpoints, an element some tenants may weigh against the area’s convenience.
Based on WDSuite’s CRE market data, the neighborhood’s occupancy stands near the top quartile nationally and is competitive among Nassau County–Suffolk County neighborhoods (608 total), pointing to leasing durability rather than short-term spikes. Median contract rents benchmark high versus national peers, but the local rent-to-income ratio sits near the middle of the pack, which can help support lease retention and limit turnover friction.
Within a 3-mile radius, demographics show steady population growth and an increase in households, indicating a gradually expanding renter pool. The income profile skews higher, and median home values rank well above national averages. In practice, this high-cost ownership landscape tends to sustain reliance on rental housing and can reinforce pricing power for well-maintained, appropriately positioned multifamily assets.
Relative to the neighborhood’s older housing stock, a 1989 vintage is newer than the area’s mid-century average, giving the asset a competitive edge versus legacy properties; investors should still plan for system updates and selective modernization to meet contemporary expectations.
Safety indicators compare favorably to national benchmarks in aggregate, with several measures landing in the upper percentiles nationwide. Recent trends also point to notable year-over-year decreases in both property and violent offenses, according to WDSuite. As with any inner-suburban location, conditions can vary block to block, so investors typically underwrite to submarket norms and monitor ongoing trends rather than relying on a single point-in-time reading.
Proximity to regional employers underpins a broad commuter tenant base, supporting leasing stability for workforce-oriented units. Notable nearby employers include Henry Schein, Prudential, JetBlue Airways, Lockheed Martin, and Pfizer.
- Henry Schein — medical products (9.7 miles) — HQ
- Prudential — insurance (14.5 miles)
- JetBlue Airways — airline (19.1 miles) — HQ
- Lockheed Martin — defense & aerospace offices (20.8 miles)
- Pfizer — pharmaceuticals (20.9 miles) — HQ
This 75-unit, 1989-vintage asset sits in a high-occupancy Nassau County submarket where renter demand is reinforced by elevated home values and an upper-income resident base. According to CRE market data from WDSuite, neighborhood occupancy trends are well above national medians, while rent-to-income positioning suggests manageable affordability pressure—conditions that can support steady renewals when paired with disciplined lease management.
The property is newer than much of the surrounding mid-century stock, offering relative competitiveness; selective capital to modernize interiors and building systems should further enhance positioning. Within a 3-mile radius, recent population growth and a projected increase in households point to a modestly expanding tenant base, which supports occupancy stability and measured pricing power for well-maintained product.
- High neighborhood occupancy and sustained renter demand support leasing stability
- Newer-than-area vintage (1989) offers competitive positioning with value-add potential
- High-cost ownership market and upper-income profile reinforce reliance on rentals
- Expanding 3-mile renter pool from population and household growth supports occupancy
- Risks: below-average school ratings and premium rent levels may narrow the target renter segment