| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 87th | Best |
| Amenities | 17th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2 Liberty Ct, Warwick, NY, 10990, US |
| Region / Metro | Warwick |
| Year of Construction | 2008 |
| Units | 81 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2 Liberty Ct Warwick NY — 2008, 81-Unit Suburban Multifamily
Neighborhood-level data points to high-cost homeownership and resilient occupancy that support renter demand near 2 Liberty Ct, according to WDSuite’s CRE market data. These are neighborhood indicators, not property-specific figures.
The property sits in a suburban neighborhood rated A and ranked 30 out of 221 within the Poughkeepsie–Newburgh–Middletown metro—top quartile nationally by multiple indicators. Neighborhood occupancy is strong and above the metro median (rank 65 of 221), with recent stability that supports income consistency for multifamily investors.
Ownership costs in the area are elevated (neighborhood home values are high relative to national comparisons), which typically sustains reliance on rental housing and can enhance pricing power and lease retention. Rent levels are mid-market locally and have trended upward over the last five years, signaling healthy renter demand without overextension.
Local livability is anchored by well-rated schools (average rating near the top of the metro; rank 2 of 221 and top quartile nationally), while everyday retail access is modest: grocery and restaurant density track near national midpoints, but cafes, parks, and pharmacies are limited within the immediate neighborhood. For investors, this mix suggests quiet residential character with essential services reachable but fewer discretionary amenities.
Within a 3-mile radius, WDSuite data shows households have grown even as population was roughly flat in recent years, indicating smaller household sizes and a gradual broadening of the tenant base. Forward-looking projections suggest additional household gains and a modest increase in the renter-occupied share, which can support occupancy stability and leasing velocity for well-positioned assets.
Dedicated neighborhood crime metrics are not available in WDSuite’s current release for this location. Investors typically benchmark safety using county and metro statistics, then validate with local law enforcement reports and property-level history. Use consistent, like-for-like comparisons across Warwick and the broader Poughkeepsie–Newburgh–Middletown metro to contextualize risk.
Regional employment anchors within commuting range include Ascena Retail Group, Becton Dickinson, Toys “R” Us, Airgas Lincoln Park, and Prudential Financial—providing a diversified white-collar and industrial base that can underpin renter demand and retention.
- Ascena Retail Group — retail apparel (16.5 miles) — HQ
- Becton Dickinson — medical technology (18.9 miles) — HQ
- Toys “R” Us — toy retail (20.3 miles) — HQ
- Airgas Lincoln Park — industrial gases office (24.1 miles)
- Prudential Financial — financial services offices (24.9 miles)
Built in 2008, the 81-unit asset is newer than the neighborhood’s average vintage, offering relative competitiveness versus older local stock and potential for measured value-add through cosmetic updates or systems modernization over time. The surrounding neighborhood shows above-median occupancy within the metro and elevated ownership costs, a combination that tends to reinforce multifamily demand and support rent durability.
Within a 3-mile radius, households have increased despite flat population trends, and forecasts point to further household growth and a modest rise in the renter-occupied share—indicative of a gradually expanding tenant base. According to CRE market data from WDSuite, neighborhood occupancy sits above metro norms, while rents remain mid-market locally with upward momentum, aligning with an income-focused thesis balanced by prudent expense and renovation planning.
- 2008 construction provides competitive positioning versus older neighborhood stock, with selective value-add potential
- Elevated local home values support sustained renter reliance and lease retention
- Above-metro neighborhood occupancy and mid-market rents support income stability
- 3-mile household growth and a projected uptick in renter share expand the tenant base
- Risks: fewer nearby discretionary amenities and small-town scale may temper rent growth; monitor population stagnation