| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Best |
| Demographics | 60th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6000 Mercier Blvd, Farmington, NY, 14425, US |
| Region / Metro | Farmington |
| Year of Construction | 2010 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6000 Mercier Blvd Farmington NY Multifamily — 2010 Vintage, 88 Units
Modern-vintage scale in a suburban Rochester submarket with occupancy stability and a growing renter base within 3 miles, according to WDSuite s CRE market data.
The property sits in a suburban cluster of the Rochester, NY metro that ranks 72 out of 359 neighborhoods (A-), placing it in the top quartile among metro peers. Neighborhood housing is largely newer than the regional norm, and the 2010 construction year positions the asset competitively versus older local stock.
Local dynamics indicate practical livability for renters: grocery access tracks around the metro average while parks and childcare density test above many areas in the region, though cafes and pharmacies are sparse. Neighborhood occupancy trends near the national middle but lean stable, supporting consistent leasing and retention.
Tenure patterns show a smaller share of renter-occupied housing at the neighborhood level, suggesting a primarily owner-occupied area; however, within a 3-mile radius the renter concentration is meaningfully larger, indicating a sufficient tenant base for multifamily demand. Median household incomes trend above many neighborhoods nationwide, which can help support collections and renewal outcomes.
Demographics aggregated within a 3-mile radius show recent population and household growth, with forecasts pointing to further increases over the next five years. This expansion implies a larger tenant pool and supports occupancy stability for well-positioned assets. Based on WDSuite s multifamily property research, rent levels appear manageable relative to incomes, which helps balance retention with measured pricing power.
Neighborhood-level crime figures are not available in WDSuite for this location, so investors should benchmark conditions against Rochester-area norms and verify trends through local sources. Use property-level measures and submarket comparisons to assess how safety considerations could influence leasing velocity and retention.
Nearby employers span consumer goods, life sciences, technology, and corporate services, supporting workforce housing demand and commute convenience for renters. The list below highlights notable employers within practical driving distance.
- Constellation Brands — consumer goods (6.9 miles) — HQ
- Thermo Fisher Scientific In Fairport Ny — life sciences (8.3 miles)
- Dish Network — telecommunications (16.0 miles)
- Xerox Corporation — technology & corporate services (17.7 miles)
Built in 2010 and totaling 88 units, the asset is newer than the area s average vintage and should compete well against older suburban stock while still benefiting from selective modernization to refresh common areas and building systems over time. Neighborhood standing is strong for the Rochester metro (top quartile among 359 neighborhoods), and occupancy patterns point to steady performance.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, which supports a larger tenant base and leasing stability. Rent-to-income levels in the area indicate limited affordability pressure, aiding renewals, though relatively accessible ownership costs in this market can create some competition with for-sale housing. According to commercial real estate analysis from WDSuite, these dynamics favor well-managed operations focused on retention and measured rent growth.
- 2010 vintage and 88-unit scale offer operational efficiency with moderate near-term capital needs
- Top-quartile neighborhood position in the Rochester metro supports demand and occupancy stability
- 3-mile population and household growth expand the renter pool, supporting lease-up and renewals
- Rent-to-income dynamics support retention; pricing power should remain measured
- Risk: accessible homeownership options may compete with rentals; focus on amenities and service to defend renewals