| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 64th | Good |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 214 Harriman Dr, Goshen, NY, 10924, US |
| Region / Metro | Goshen |
| Year of Construction | 1996 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
214 Harriman Dr, Goshen NY Multifamily Investment
Inner-suburban fundamentals and a renter-leaning housing mix point to steady leasing potential, according to WDSuite’s CRE market data. Elevated ownership costs in the area help sustain demand for well-managed apartments.
Goshen’s inner-suburban setting combines daily conveniences with commuter access, supporting consistent renter demand. Amenity access in the neighborhood scores in the top quartile nationally, and cafes, groceries, parks, and pharmacies all register above typical U.S. concentrations. Restaurant density is particularly competitive among the 221 Poughkeepsie–Newburgh–Middletown neighborhoods, signaling lifestyle depth for residents and employees.
The neighborhood’s housing stock skews older on average (1930s), while this property’s 1996 vintage is newer than much of the surrounding inventory. That relative youth can aid leasing versus older comparables, though investors should still plan for modernization of systems and common areas as part of a value-add or capital planning strategy.
Unit tenure data indicates that just over half of housing units in the neighborhood are renter-occupied, placing renter concentration well above the metro median and in a high national percentile. For owners, this suggests a deeper tenant base and potential support for occupancy stability across cycles.
Neighborhood occupancy is below the national median but has trended upward over the last five years, per WDSuite’s commercial real estate analysis, which can underpin gradual stabilization with disciplined leasing and renewals. Median contract rents in the area sit near levels supported by local incomes, and rent-to-income metrics point to manageable affordability pressure—favorable for retention if rent growth is paced with wage trends.
Within a 3-mile radius, population and household counts have grown and are projected to expand further, pointing to a larger tenant base over the medium term. Household sizes are edging lower, which can support demand for multifamily units and smaller formats. Higher-income profiles in the 3-mile area reinforce spending power for local services, indirectly supporting neighborhood vibrancy and renter appeal.
Comparable neighborhood-level safety data is not available in this release. Investors typically benchmark trends against metro and national baselines; in the absence of rank or percentile data, it is prudent to review municipal crime statistics, recent comps, and property-level security measures to contextualize risk.
A standard diligence approach includes trend comparisons at the neighborhood and city levels, discussions with local managers, and assessment of lighting, access controls, and visibility along Harriman Dr to support resident experience and leasing stability.
- Ascena Retail Group — retail apparel HQ (22.9 miles) — HQ
- Becton Dickinson — medical technology (26.2 miles) — HQ
- Toys "R" Us — retail HQ (28.3 miles) — HQ
- Prudential Financial — financial services (31.1 miles)
- Airgas Lincoln Park — industrial gases (32.4 miles)
Regional corporate hubs within commuting range help diversify the employment base and support renter demand from professionals and operations staff. Notable nearby employers span retail, medical technology, finance, and consumer goods.
214 Harriman Dr is a 40‑unit, 1996-vintage asset positioned in a neighborhood with strong amenity access and a renter-leaning housing mix. According to CRE market data from WDSuite, neighborhood NOI performance ranks among the top quartile nationally, while area occupancy has improved over five years despite sitting below national medians—conditions that can reward hands-on leasing and renewal management. The asset’s newer vintage relative to the 1930s-dominant local stock offers competitive positioning versus older properties, with practical upside from targeted modernization.
Within a 3-mile radius, population and household growth alongside higher-income profiles expand the potential renter pool, supporting demand durability. Ownership remains a high-cost option locally, which can reinforce reliance on multifamily housing and aid pricing power when balanced against rent-to-income considerations.
- Newer 1996 construction relative to neighborhood stock supports competitive leasing; plan for selective system and common-area upgrades.
- Renter-occupied share sits well above metro norms, indicating a deeper tenant base and potential occupancy resilience.
- Amenity-rich inner-suburban location with strong national standing for daily services and dining supports resident retention.
- Demand outlook benefits from projected growth in population and households within 3 miles, reinforcing leasing velocity.
- Risk: Neighborhood occupancy trails national medians; performance depends on disciplined operations and market-aware pricing.