| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 69th | Good |
| Amenities | 16th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Brunswick Dr, Troy, NY, 12180, US |
| Region / Metro | Troy |
| Year of Construction | 2011 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
400 Brunswick Dr, Troy NY — 2011 Vintage, 96-Unit Multifamily
Newer-vintage scale in a primarily car-oriented pocket of Troy positions this asset for steady leasing, with neighborhood occupancy running above the metro median according to WDSuite’s CRE market data.
The property sits in a rural-leaning area of Troy with limited walkable retail and services; cafes, parks, and childcare are sparse while grocery and dining options are present but not dense. For investors, this points to drive-to amenities and a resident base that prioritizes space and commute access over high street retail.
Neighborhood occupancy is 93.8%, which tracks above the Albany–Schenectady–Troy metro median, supporting near-term leasing stability. Rents in the immediate neighborhood are competitive among Albany–Schenectady–Troy neighborhoods and sit in the upper national tiers, indicating pricing power where product quality and management execution are strong.
Within a 3-mile radius, demographics show a stable population base over the prior period, with an increase in households and smaller average household sizes — dynamics that expand the renter pool and support occupancy. Forward-looking estimates point to further population and household growth by 2028, which would deepen the tenant base and aid renewal retention. The share of housing units that are renter-occupied is just over half within this radius, signaling a broad base of multifamily demand rather than a niche segment, based on commercial real estate analysis from WDSuite.
Home values in the neighborhood fall near national mid-range levels, and the value-to-income profile is relatively accessible compared with coastal metros. That context can modestly temper pricing power as some residents weigh ownership options, but it also supports lease retention for well-managed, appropriately positioned communities that deliver convenience and consistency.
Safety indicators compare favorably at the national level. Violent offense rates register in a high national percentile, and property offense rates are also in a strong national percentile, suggesting comparatively safer conditions versus many U.S. neighborhoods. Recent year-over-year trends show declines in both violent and property offenses, a constructive backdrop for renter retention and leasing.
As always, safety conditions vary by micro-location and over time; investors should corroborate these directional signals with on-the-ground diligence and current public data.
Regional employment anchors within commuting distance include technology and healthcare distribution, providing a diversified white-collar and operations workforce that can support renter demand and renewal stability.
- IBM — technology & services (8.9 miles)
- McKesson — healthcare distribution (40.4 miles)
Built in 2011, the community is materially newer than the area’s 1960s-average housing stock, offering a competitive edge versus older properties while approaching mid-life system cycles that warrant measured capital planning. Neighborhood occupancy is above the metro median, and rents benchmark competitively across the Albany–Schenectady–Troy market; together with a renter-occupied share above 50% within a 3-mile radius and projected household growth, these factors support ongoing leasing and renewal performance, according to CRE market data from WDSuite.
The rural character and drive-to amenities profile can be a fit for residents prioritizing space and convenience over walkability. Ownership costs are relatively accessible for the region, which can create some competition with for-sale options; disciplined unit positioning and service consistency are key to sustaining pricing and retention.
- 2011 vintage versus older local stock provides competitive positioning with manageable mid-life CapEx planning.
- Neighborhood occupancy above metro median supports near-term leasing stability.
- 3-mile radius shows a broad renter base and projected household growth, reinforcing tenant demand and renewal depth.
- Competitive neighborhood rent benchmarks offer pricing power where quality and operations are strong.
- Risks: car-oriented amenity mix and relatively accessible ownership alternatives may temper rent growth without focused positioning.