| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 65th | Good |
| Demographics | 56th | Fair |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12 Brooklyn Ave, Valley Stream, NY, 11581, US |
| Region / Metro | Valley Stream |
| Year of Construction | 2012 |
| Units | 72 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12 Brooklyn Ave Valley Stream Multifamily Investment
Positioned in an Urban Core pocket with a history of stable renter demand, the asset benefits from a high-cost ownership market that can support occupancy durability, according to WDSuite’s CRE market data. Neighborhood-level rents trend high for the metro while rent-to-income remains manageable, reinforcing retention potential.
The property sits in Valley Stream (Nassau County-Suffolk County, NY metro) within a B+ rated Urban Core neighborhood that is competitive among 608 metro neighborhoods (ranked 176). Investors evaluating livability will note strong daily-needs coverage: groceries and restaurants score in the upper national tiers, helping underpin resident convenience and lease retention.
Amenities signal depth: grocery density ranks in the national 90th-plus percentile and restaurants in the high 80s, while cafes are also above most U.S. neighborhoods. Average school ratings trend above national norms (around the 73rd percentile), which can support family-oriented renter demand. Park and pharmacy densities are limited within the neighborhood; residents may rely on nearby areas for these services.
Renter-occupied housing accounts for roughly one-fifth of neighborhood units, indicating a primarily owner-occupied area with a defined but thinner renter base. For multifamily investors, this typically translates into steadier, needs-based leasing rather than heavy churn. Neighborhood occupancy is solid and compares favorably to many U.S. areas (upper-third nationally), supporting pricing resilience through cycles based on CRE market data from WDSuite.
Vintage context matters: the local housing stock skews older (average year ~1940), while this asset’s 2012 construction is newer than neighborhood norms. That newer vintage can bolster competitive positioning versus legacy properties and may temper near-term capital budgets, though investors should still plan for ongoing systems maintenance and potential modernization over the hold.
Within a 3-mile radius, demographics point to population and household growth with rising incomes, expanding the potential tenant base. Forecasts indicate additional households and a modest uptick in renter concentration by 2028, which supports occupancy stability and lease-up visibility without relying on rapid in-migration.
Neighborhood-level crime metrics for this area are not published in WDSuite’s dataset for the current release. Investors commonly benchmark safety using municipal data and trend reports at the precinct or city level, then triangulate with property-level measures (lighting, access control, and management practices) to gauge resident comfort and retention risk.
Proximity to regional corporate offices supports commuter convenience and helps sustain multifamily renter demand. Nearby employers span financial services, airlines, telecommunications, aerospace/defense, and pharmaceuticals.
- Prudential — insurance/financial services (7.98 miles)
- JetBlue Airways — airline HQ (14.03 miles) — HQ
- Pfizer — pharmaceuticals (15.62 miles) — HQ
- Verizon Communications — telecommunications (15.68 miles)
- Lockheed Martin — defense & aerospace offices (15.70 miles)
Built in 2012 with 72 units, the property offers scale and a newer vintage relative to the neighborhood’s predominantly pre-war housing stock. That positioning can enhance competitiveness versus older assets and reduce immediate capital intensity, while still warranting prudent planning for building systems and potential amenity refreshes over the hold. Neighborhood occupancy trends in the upper-third nationally, and elevated home values in Nassau County indicate a high-cost ownership market that tends to sustain rental demand. According to CRE market data from WDSuite, local rents run on the higher side for the metro, yet rent-to-income levels suggest manageable affordability pressure that supports retention.
Within a 3-mile radius, population and household counts have been expanding and are projected to continue growing, signaling a larger tenant base and modest renter pool expansion by 2028. The area’s amenity depth (grocery, restaurants, childcare) and above-average school ratings add livability drivers that can support leasing velocity and stabilize occupancy through cycles.
- 2012 vintage versus older local stock supports competitive positioning and moderated near-term capex
- Upper-third neighborhood occupancy and high-cost ownership market reinforce sustained rental demand
- 3-mile population and household growth expand the tenant base and support leasing
- Strong daily-needs access (grocery, restaurants, childcare) and above-average schools aid retention
- Risks: thinner local renter concentration and limited park/pharmacy density may temper demand in some segments