| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Best |
| Demographics | 46th | Good |
| Amenities | 53rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 30 Fairview St, Oneonta, NY, 13820, US |
| Region / Metro | Oneonta |
| Year of Construction | 1985 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
30 Fairview St Oneonta Multifamily Investment
Positioned in an Inner Suburb location with steady renter demand, this 30-unit asset benefits from a neighborhood tenant base that skews renter-occupied, according to WDSuite’s CRE market data.
Neighborhood dynamics and livability
The property sits in an Inner Suburb area of Oneonta rated A among 47 metro neighborhoods, indicating competitive fundamentals for a small-market location. Neighborhood occupancy figures are measured for the neighborhood, not the property, and currently trend softer than national norms, which suggests prudent underwriting on lease-up assumptions and renewal capture.
Local amenity access is a relative strength: restaurant density is top quartile nationally, with parks, groceries, and pharmacies performing above the metro median. Cafes and childcare are limited in this immediate area, so resident convenience skews toward daily-needs retail rather than lifestyle services.
The area’s housing stock is older on average (1920s-era), while this property’s 1985 vintage is newer than much of the competitive set — a positioning edge for functionality and marketability, though investors should still plan for system updates and selective modernization typical of 1980s construction.
Renter-occupied unit share is elevated at the neighborhood level, supporting a deeper tenant pool and potential occupancy stability for multifamily operators. Average school ratings in the neighborhood track below national benchmarks; family-oriented demand may be more value-driven, which can influence marketing strategy and amenity prioritization.
Within a 3-mile radius, demographics indicate a large 18–34 cohort and gradual population and household growth, with projections pointing to further household expansion by 2028. This pattern supports a larger tenant base over time and can aid leasing velocity for well-maintained, appropriately priced product.
Safety context
Comparable neighborhood-level safety data for this location is limited in the dataset provided. Investors typically benchmark neighborhood safety trends against the broader Oneonta metro and national distributions when available to assess tenant retention risk and operating practices. The absence of ranked data here warrants standard diligence using third-party sources and on-the-ground observations.
Regional employers help support renter demand through steady commute patterns. The following nearby corporate office contributes to the area’s employment base.
- Frontier Communications — telecommunications (27.1 miles)
This 30-unit, 1985-vintage asset aligns with a renter-leaning neighborhood where daily-needs retail access is strong and the 18–34 population within a 3-mile radius supports a consistent leasing pipeline. Neighborhood occupancy statistics — measured for the neighborhood, not the property — track below national norms, so conservative renewal and lease-up assumptions are appropriate; however, the elevated renter concentration and projected household growth point to a stable tenant base for well-positioned product.
The vintage relative to the area’s older housing stock provides a competitiveness edge, with practical value-add potential via targeted interior updates and building system upgrades. Home values in the area are moderate for New York, which can introduce some competition from ownership, but rent-to-income dynamics suggest manageable affordability pressure that can support retention when pricing and renewals are actively managed, based on CRE market data from WDSuite.
- Renter-leaning neighborhood supports demand depth and potential occupancy stability
- 1985 construction is newer than much of the area’s stock, with value-add upside through selective modernization
- Strong daily-needs access (groceries, pharmacies, parks) with top-quartile restaurant density aiding resident convenience
- Demographic tailwinds within 3 miles indicate a growing tenant base into the medium term
- Risks: softer neighborhood occupancy, below-average school ratings, and potential competition from ownership options