| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 78th | Best |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2055 E Schodack Rd, S Schodack, NY, 12033, US |
| Region / Metro | S Schodack |
| Year of Construction | 2006 |
| Units | 49 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2055 E Schodack Rd, S Schodack NY Multifamily Opportunity
Neighborhood fundamentals point to steady renter demand and high occupancy at the area level, according to WDSuite’s CRE market data. These metrics reflect the surrounding neighborhood, not the property itself, and suggest a stable backdrop for screening a 49-unit asset.
The property sits within an A-rated suburban neighborhood that ranks 15th of 295 in the Albany–Schenectady–Troy metro — top quartile among 295 metro neighborhoods. At the neighborhood level, occupancy is strong and above national norms, supporting income stability for multifamily investors. Median contract rents are also comparatively high for the metro, while the rent-to-income profile indicates manageable affordability pressures, which can help with retention and renewal strategies.
Livability inputs are mixed but serviceable for workforce households. Grocery and pharmacy access score in the mid-to-upper national percentiles, while parks are competitive; cafes and restaurant density are thinner, which is typical for lower-density suburban clusters. Average school ratings are strong (top quartile among 295 metro neighborhoods), a factor that can bolster longer tenancy for family renters.
Tenure patterns show a moderate renter-occupied share at the neighborhood level, indicating a stable but not transient renter base — generally supportive for leasing consistency. Median home values sit around the metro middle, and the value-to-income profile suggests ownership is relatively accessible compared with high-cost markets; investors should note potential competition from for-sale options when assessing pricing power.
Demographic statistics aggregated within a 3-mile radius show recent population growth alongside a notable increase in households and a smaller average household size. Forward-looking data points to a scenario where overall population may soften even as household counts continue to rise — a pattern that can still expand the renter pool and support occupancy stability for appropriately positioned units.
Comparable safety metrics for this neighborhood are limited in the current dataset. Investors commonly benchmark neighborhood trends against metro and national peers and supplement with on-the-ground diligence, law-enforcement summaries, and insurer guidance to round out risk assessments.
Nearby employment anchors provide commute convenience for renters, supporting day-to-day leasing and retention. The list below reflects notable corporate offices within a practical drive of the property.
- IBM — technology & corporate offices (8.0 miles)
Built in 2006, the asset is materially newer than the area’s older housing stock, offering a competitive edge versus mid-century properties while still warranting mid-life capital planning for systems and common areas. Neighborhood-level data shows high occupancy and solid renter concentration with rents that trend above metro norms; combined with a manageable rent-to-income profile, this backdrop supports income durability and measured rent growth potential.
Within a 3-mile radius, recent gains in households and smaller household sizes point to a larger tenant base even as long-term population may level off. Based on commercial real estate analysis from WDSuite, investors should weigh the area’s strong schools and incomes against modest amenity density and the relative accessibility of homeownership when calibrating leasing assumptions and renovation scopes.
- 2006 vintage offers competitive positioning versus older local stock, with clear mid-life CapEx planning windows.
- Neighborhood-level occupancy and rents trend above national baselines, supporting income stability.
- 3-mile trends show rising household counts and smaller household size, expanding the renter pool.
- Strong local school ratings and solid household incomes aid retention for family-oriented renters.
- Risks: thinner café/restaurant density and relatively accessible ownership options may temper pricing power.