| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 60th | Best |
| Demographics | 67th | Best |
| Amenities | 51st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6578 Dysinger Rd, Lockport, NY, 14094, US |
| Region / Metro | Lockport |
| Year of Construction | 1991 |
| Units | 24 |
| Transaction Date | 2023-03-22 |
| Transaction Price | $1,269,500 |
| Buyer | BG286 PROPERTIES LLC |
| Seller | JJJ ESTABLISHMENTS INC |
6578 Dysinger Rd Lockport NY Multifamily Opportunity
Neighborhood occupancy is strong and rents track as relatively manageable versus local incomes, supporting tenant retention, according to WDSuite s CRE market data.
The property sits in a suburban pocket of Lockport within the Buffalo-Cheektowaga metro, where the neighborhood earns an A- rating and ranks 60 out of 301 competitive among metro neighborhoods. According to CRE market data from WDSuite, neighborhood occupancy trends have been steady and above national norms, and renter demand is supported by a renter-occupied housing share that provides a meaningful, if not dominant, tenant base.
Livability leans suburban: cafes and parks are limited, while daily-needs services such as pharmacies and childcare are present at levels that compare favorably to many suburban peers. Grocery access registers around mid-pack for the metro. For investors, this mix points to car-oriented convenience rather than lifestyle-driven amenity density.
Within a 3-mile radius, households have increased over the past five years and are projected to expand further over the next five, indicating a larger tenant base and supporting occupancy stability. Population growth is modest today but forecast to improve, and average household size has edged lower a pattern that can add to household counts and multifamily demand even when population growth is incremental.
Home values and incomes sit around metro medians, and rent-to-income levels register favorably on a national basis. That combination suggests balanced pricing power for professionally managed rentals: ownership is attainable for some households (creating some competitive pressure), yet monthly rent burdens appear manageable, which can aid lease retention and reduce turnover risk.
Comparable safety metrics for this neighborhood are not available in WDSuite s current dataset, so metro-relative or national percentile context cannot be provided. Investors typically benchmark safety using multiple sources (municipal reports, third-party indices, and on-the-ground management feedback) to assess long-run leasing and retention considerations.
Regional employment anchors across healthcare, logistics, life sciences, and financial services are within commuting range, supporting a diversified renter pool and day-to-day leasing stability.
- UnitedHealth Group healthcare & insurance services (13.3 miles)
- FedEx Trade Networks logistics & trade services (15.6 miles)
- Thermo Fisher Scientifc life sciences & lab products (16.9 miles)
- M&T Bank Corp. financial services (19.5 miles) HQ
- McKesson healthcare distribution (19.7 miles)
This 24-unit multifamily asset benefits from a suburban Lockport location where neighborhood occupancy is solid and the rent-to-income profile indicates manageable household rent burdens a combination that can support retention and predictable cash flow. According to CRE market data from WDSuite, the area ranks competitive among Buffalo-Cheektowaga neighborhoods, with balanced fundamentals and a renter concentration that provides depth without overreliance on transient demand.
Within a 3-mile radius, households have grown and are projected to expand meaningfully over the next five years, pointing to a larger tenant base and steady leasing pipelines. Ownership remains reasonably attainable in the area, which can create competition, but that is offset by suburban convenience, diversified nearby employment, and relatively favorable rent-to-income levels that support occupancy stability.
- Steady neighborhood occupancy with rent-to-income levels that support lease retention
- Projected 3-mile household growth expands the local renter pool and supports demand
- Diversified regional employers within commuting distance aid leasing durability
- Suburban, car-oriented setting suits workforce renters seeking daily-needs convenience
- Risk: accessible homeownership can compete with rentals; amenity density is limited