| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 68th | Best |
| Amenities | 10th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1104 Vine St, Liverpool, NY, 13088, US |
| Region / Metro | Liverpool |
| Year of Construction | 1978 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1104 Vine St, Liverpool NY Multifamily Investment
Neighborhood occupancy is competitive within the Syracuse metro, supporting steady renter demand at this 28-unit asset, according to CRE market data from WDSuite.
Set in an Inner Suburb pocket of the Syracuse, NY metro, the neighborhood carries a B+ rating and ranks 67 out of 247 neighborhoods — competitive among Syracuse neighborhoods. Renter demand is supported by a neighborhood occupancy rate that also places 96 out of 247, indicating above-median stability for the metro and reinforcing leasing predictability for multifamily operators.
Daily needs are reasonably served nearby, with grocery access ranked 69 of 247 — above the metro median — while cafes, restaurants, parks, and pharmacies are sparse within the immediate blocks, suggesting residents lean on nearby corridors for dining and services. For investors, this mix points to dependable essentials with less lifestyle amenity pull, which can focus the renter profile toward practicality and value.
Rents in the neighborhood trend modestly above regional midpoints with solid five‑year growth, and the local rent-to-income profile signals manageable affordability that can aid retention and occupancy management. Home values are lower than many coastal markets, which means ownership is relatively accessible; this can temper pricing power but still leaves room for durable workforce rental demand when positioned correctly.
Tenure dynamics show a meaningful share of units are renter‑occupied (roughly one‑third), indicating a defined tenant base without overwhelming concentration. Within a 3‑mile radius, population has inched up while households increased, expanding the near‑term renter pool; projections point to further household growth and smaller average household sizes by 2028, which typically supports continued demand for multifamily units, based on CRE market data from WDSuite.
Safety metrics are mixed but broadly steady in context. Overall, the area ranks 83 out of 247 Syracuse neighborhoods for crime — competitive among Syracuse neighborhoods — and compares slightly better than the national middle.
Violent‑offense exposure tracks in the stronger half nationally (around the 61st percentile), while property‑offense exposure sits closer to the national middle and has risen recently year over year. Investors should underwrite routine security and lighting protocols typical for inner‑suburban assets and monitor trends at the neighborhood level rather than block‑by‑block assumptions.
Nearby employers provide a stable base of office and industrial jobs that support workforce renter demand and convenient commutes, including ADP and WestRock.
- ADP Syracuse — payroll & HR services (0.63 miles)
- WestRock — packaging & paper products (3.43 miles)
1104 Vine St is a 28‑unit, 1978‑vintage asset positioned in a competitive Inner Suburb location of the Syracuse metro. Neighborhood occupancy ranks in the stronger half locally, supporting leasing durability; according to CRE market data from WDSuite, the surrounding area’s rent levels sit modestly above regional midpoints with manageable rent‑to‑income dynamics that can aid retention. The 1978 vintage is newer than the neighborhood’s average stock, offering relative competitiveness versus older properties, while still warranting targeted system updates or common‑area refreshes to sharpen positioning.
Within a 3‑mile radius, population has edged up and households have increased, pointing to a larger tenant base ahead; projections indicate further household expansion with smaller average household sizes by 2028, typically supportive of multifamily absorption and occupancy stability. Ownership costs remain comparatively accessible for the region, which can create some competition with for‑sale options, but also keeps rentals attractive for value‑oriented households.
- Competitive Inner Suburb location with neighborhood occupancy in the stronger half of the metro
- 1978 vintage offers relative edge versus older stock, with clear value‑add pathways through selective updates
- 3‑mile radius shows household growth and smaller household sizes, supporting a broader renter pool
- Rent levels near regional midpoints and manageable rent‑to‑income dynamics bolster retention and occupancy management
- Risks: limited immediate lifestyle amenities, mixed property‑crime trends, and some competition from ownership