| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 12th | Poor |
| Amenities | 43rd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9 Rose Garden Way, Monsey, NY, 10952, US |
| Region / Metro | Monsey |
| Year of Construction | 2012 |
| Units | 22 |
| Transaction Date | 2022-02-07 |
| Transaction Price | $610,000 |
| Buyer | HERZOG FAIGY |
| Seller | PILLER MORDECHAI TZVI |
9 Rose Garden Way Monsey — Newer 22‑Unit Multifamily
Neighborhood renter concentration is high and occupancy trends sit near national midrange, pointing to steady tenant demand, according to WDSuite’s CRE market data from ongoing commercial real estate analysis.
Located in Monsey’s Urban Core, the property benefits from a renter-occupied share that is competitive among New York–Jersey City–White Plains neighborhoods (244 of 889), signaling depth in the tenant base for multifamily. Neighborhood occupancy runs close to the national midpoint, supporting stable leasing rather than outsized volatility.
Day‑to‑day amenities skew practical: grocery access ranks above the metro median (420 of 889) and is strong nationally (87th percentile), and pharmacies also sit above the metro median with solid national standing (89th percentile). Restaurants track well (81st percentile nationally), while cafes and park access are limited—factors to weigh for lifestyle positioning and resident retention strategies.
Home values are elevated (93rd percentile nationally), indicating a high‑cost ownership market that tends to reinforce reliance on rental housing and support pricing power for competitive product. At the same time, rent burdens in the neighborhood are elevated, implying affordability pressure that warrants attentive lease management and renewal tactics.
Demographic statistics aggregated within a 3‑mile radius point to recent population growth with further expansion projected by 2028, alongside a material increase in households and a modest reduction in average household size. For investors, this suggests a larger renter pool over time and potential demand for a range of unit types, with larger households remaining a notable share locally.
The average construction year in the surrounding neighborhood trends newer (2005). With a 2012 vintage, this asset is newer than much of the local stock, which can enhance competitive positioning versus older properties while still planning for mid‑life system updates over the hold.
WDSuite does not report comparable neighborhood crime metrics for this location at the time of publication. Without ranked or percentile data against the New York–Jersey City–White Plains metro’s 889 neighborhoods, investors typically supplement with municipal and insurer sources to benchmark safety trends relative to nearby submarkets.
Contextual takeaways should focus on property operations—screening, lighting, access control, and resident engagement—while monitoring any available city or county trend reports for directional changes over time.
Proximity to regional employers supports commuting convenience and renter retention, led by corporate offices spanning retail, finance, medical technology, and consumer goods. The nearby base includes Ascena Retail Group, Prudential Financial, Becton Dickinson, Toys "R" Us, and PepsiCo.
- Ascena Retail Group — retail apparel HQ (5.4 miles) — HQ
- Prudential Financial — financial services (9.1 miles)
- Becton Dickinson — medical technology (9.3 miles) — HQ
- Toys "R" Us — consumer retail (12.8 miles) — HQ
- PepsiCo — food & beverage (14.0 miles)
This 2012, 22‑unit asset is positioned in a neighborhood with a high share of renter‑occupied housing and occupancy near the national midpoint, supporting durable leasing with measured upside. Elevated home values in the area indicate a high‑cost ownership market that tends to sustain multifamily demand, while the asset’s newer vintage can compete well against older stock in the submarket.
Within a 3‑mile radius, recent population gains and a projected increase in households by 2028 point to renter pool expansion, which can support occupancy stability and absorption. According to CRE market data from WDSuite, amenity access is strongest for groceries, pharmacies, and restaurants, with limited parks and cafes—suggesting marketing should emphasize practical convenience while planning programming to bolster on‑site livability. Affordability pressures in the neighborhood call for disciplined lease management and expense control.
- Newer 2012 vintage enhances competitive positioning versus older local stock
- High neighborhood renter concentration supports tenant demand depth
- Regional employers within commuting range aid retention and leasing stability
- Practical amenity access (grocery/pharmacy/restaurant) aligns with daily needs
- Risk: elevated rent burdens and limited parks/cafes require careful pricing and resident programming