| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 90th | Best |
| Demographics | 2nd | Poor |
| Amenities | 44th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 150 Clinton Ln, Spring Valley, NY, 10977, US |
| Region / Metro | Spring Valley |
| Year of Construction | 2002 |
| Units | 22 |
| Transaction Date | 2025-02-25 |
| Transaction Price | $620,000 |
| Buyer | RICHTER YITZCHOK A |
| Seller | CONG CHAYEI HALEVI INC |
150 Clinton Ln, Spring Valley NY Multifamily Investment
Neighborhood occupancy appears resilient with a deep renter-occupied base, according to WDSuite’s CRE market data, pointing to steady leasing conditions for small multifamily.
Located in Spring Valley within the New York–Jersey City–White Plains metro, the neighborhood shows strong occupancy conditions and renter demand signals for multifamily. The neighborhood’s occupancy ranks competitive among 889 metro neighborhoods and sits in the top quartile nationally, suggesting stable renewals and fewer downtime gaps versus many U.S. locations.
Amenities skew practical rather than recreational. Café and pharmacy density rates trend high compared with national benchmarks, while grocery access is solid; by contrast, measured park acreage is limited within neighborhood metrics. For investors, this mix leans toward day‑to‑day convenience that supports retention, even if outdoor amenity draw is modest.
Tenure patterns indicate a high share of renter-occupied housing units, which generally supports a deeper tenant base and ongoing leasing velocity. Median contract rents for the neighborhood are positioned above many U.S. neighborhoods and have trended upward over the last five years, reinforcing revenue stability; at the same time, elevated rent-to-income readings flag affordability pressure and call for disciplined lease management and renewal strategies.
Demographic statistics aggregated within a 3-mile radius show population and household growth over the past five years, with projections pointing to further increases by 2028. Rising median incomes at this radius, alongside continued renter pool expansion, support demand for rental units and occupancy stability, based on CRE market data from WDSuite.
The property’s 2002 vintage is slightly older than the neighborhood’s mid‑2000s average stock. That positioning can be attractive for value‑add strategies focused on unit modernization and systems updates to remain competitive against newer product while managing capital plans prudently.
Neighborhood‑level crime metrics were not available in the provided WDSuite dataset for this location. Investors typically benchmark property performance against city, county, and state sources to understand relative safety trends and how they compare with similar urban core areas across the New York–Jersey City–White Plains metro.
Given the absence of ranked data, a prudent approach is to monitor multi-year trends from official public sources and compare to peer neighborhoods in the metro to gauge directional change and potential impact on leasing and insurance costs.
Proximity to regional corporate offices supports a broad commuter tenant base and helps underpin leasing stability. Nearby employers include Ascena Retail Group, Prudential Financial, PepsiCo, Becton Dickinson, and Toys "R" Us.
- Ascena Retail Group — corporate offices (8.7 miles) — HQ
- Prudential Financial — financial services offices (11.9 miles)
- PepsiCo — consumer goods corporate offices (12.0 miles)
- Becton Dickinson — medical technology corporate offices (12.7 miles) — HQ
- Toys "R" Us — retail corporate offices (16.3 miles) — HQ
150 Clinton Ln offers exposure to a renter‑heavy Spring Valley submarket where neighborhood occupancy trends are competitive within the metro and in the top quartile nationally. Café, grocery, and pharmacy access is favorable for daily convenience, and regional corporate corridors help sustain a commuter tenant base. The 2002 vintage suggests selective modernization and systems updates could unlock rent premiums relative to older stock.
Population and households within a 3‑mile radius have expanded and are projected to increase further, supporting renter pool expansion and occupancy stability. At the same time, elevated home values in the neighborhood reinforce reliance on rental housing, while higher rent‑to‑income readings indicate affordability pressure that warrants disciplined renewal and pricing strategies. According to CRE market data from WDSuite, rent levels sit above many U.S. neighborhoods, aligning with a value‑add or hold strategy that balances revenue growth with retention.
- Competitive neighborhood occupancy supports stable leasing
- Renter‑occupied concentration indicates depth of tenant base
- 2002 vintage presents value‑add potential via targeted upgrades
- Regional employers provide steady commuter demand
- Risk: elevated rent‑to‑income suggests affordability pressure, requiring careful lease management