| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 79th | Best |
| Amenities | 77th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12 Pine St, Nyack, NY, 10960, US |
| Region / Metro | Nyack |
| Year of Construction | 2008 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12 Pine St Nyack NY Multifamily Investment
Neighborhood occupancy remains solid and renter demand is supported by high household incomes and amenities, according to WDSuite’s CRE market data. For investors, the area’s stability points to steady leasing with room to optimize operations.
Located in suburban Nyack within the New York–Jersey City–White Plains metro, the neighborhood is rated A and ranks 128 out of 889 metro neighborhoods—placing it in the top quartile locally. Based on WDSuite’s data, neighborhood occupancy is strong and competitive among New York–Jersey City–White Plains neighborhoods, supporting durable cash flow for multifamily assets.
Livability drivers are a positive: restaurants and cafes test in the upper national percentiles, and everyday services like groceries, pharmacies, parks, and childcare are readily accessible. Average school ratings trend above national norms, reinforcing family-friendly appeal that can aid retention and broaden the tenant profile. These are neighborhood-level signals, not property-specific performance metrics, but they generally correlate with stable leasing conditions.
The housing stock skews older across the neighborhood, with a typical construction vintage earlier than 2000; by contrast, a 2008 asset can position competitively versus older product while still requiring prudent mid-life system updates and modernization to sharpen positioning. Renter-occupied housing units represent roughly one-third of neighborhood tenure, indicating a meaningful renter base without being heavily renter-concentrated—often a constructive mix for multifamily demand depth.
Demographic statistics are aggregated within a 3-mile radius: recent years show softer population and household counts, but projections indicate an increase in households alongside smaller average household size, which can expand the renter pool and support occupancy stability. Elevated home values relative to national benchmarks suggest a high-cost ownership market that tends to sustain reliance on rental housing, giving landlords some pricing power so long as rent-to-income levels remain manageable. For investors conducting multifamily property research, these neighborhood dynamics point to steady demand with operational upside through targeted upgrades and professional management.
Comparable neighborhood crime data are not available from WDSuite for this location at this time. Investors typically benchmark against county or metro trends and assess property-level measures (lighting, access control, and management practices) to understand safety context without relying on block-level assumptions.
Nearby corporate employers provide a broad white-collar employment base and commute convenience that can support leasing and retention, including PepsiCo, Prudential Financial, IBM, Ascena Retail Group, and Mastercard.
- PepsiCo — corporate offices (6.9 miles)
- Prudential Financial — corporate offices (11.0 miles)
- IBM — corporate offices (11.4 miles) — HQ
- Ascena Retail Group — corporate offices (12.2 miles) — HQ
- Mastercard — corporate offices (12.8 miles) — HQ
12 Pine St is a 28-unit, 2008-vintage asset in an A-rated Nyack neighborhood where amenity access, school quality, and strong household incomes underpin consistent renter demand. Neighborhood occupancy trends are competitive within the New York–Jersey City–White Plains metro, suggesting steady leasing and potential to enhance NOI through targeted upgrades typical for mid-life assets. Elevated for-sale housing costs in the area tend to reinforce reliance on rentals, supporting pricing power when balanced against rent-to-income considerations, based on CRE market data from WDSuite.
Forward-looking neighborhood signals include an expected increase in households within a 3-mile radius and a gradual shift toward smaller household sizes—both supportive of a larger tenant base and occupancy stability. Key watch items include slower near-term rent growth trajectories and the possibility of greater competition from ownership in certain subsegments, which argues for focused asset management and careful renovation scopes.
- Competitive neighborhood occupancy and A-rated location support stable leasing
- 2008 vintage offers advantage over older stock with value-add modernization potential
- High-cost ownership market sustains renter reliance and underpins pricing power
- Growing household counts and smaller sizes (3-mile radius) expand the renter base
- Risk: modest rent growth outlook and potential competition from ownership options