| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Poor |
| Demographics | 55th | Fair |
| Amenities | 54th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 Battalion Dr, Stony Point, NY, 10980, US |
| Region / Metro | Stony Point |
| Year of Construction | 2004 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
300 Battalion Dr Stony Point Multifamily Investment
2004 vintage with neighborhood occupancy trending in the top quartile nationally, according to WDSuite’s CRE market data. This positioning suggests durable renter demand relative to the metro while offering modern-era systems versus older local stock.
Located in Stony Point within the New York–Jersey City–White Plains metro, the neighborhood rates C+ and is competitive among 889 metro neighborhoods on occupancy. Neighborhood occupancy is above the metro median and in the top quartile nationally, supporting lease stability for multifamily assets nearby (based on CRE market data from WDSuite). The area is classified as an Inner Suburb, offering a suburban living profile with access to regional job centers.
The property’s 2004 construction compares favorably to the neighborhood’s older housing stock (average year 1972). Newer vintage typically reduces near-term capital exposure and improves competitive positioning versus older assets, though investors should still plan for mid‑life system updates and selective common-area refreshes to sustain rentability.
Amenities skew practical: grocery and pharmacy access rank in higher national percentiles, and restaurant density is above national norms, while parks and cafes are limited locally. For investors, this mix supports day‑to‑day convenience for residents even if lifestyle amenities are not a primary draw. Median home values in the neighborhood sit at elevated levels nationally, which can reinforce reliance on rental housing and support retention and pricing power for well‑maintained communities.
Within a 3‑mile radius, demographics indicate a large household base with strong incomes and a renter‑occupied share around the low‑30% range by projection, pointing to a deeper tenant pool over time. Although population dipped in recent years, WDSuite’s forward look shows increases in households and a modest rise in renter concentration by 2028, which supports demand for rental units and can help sustain occupancy. Rent-to-income levels local to the neighborhood are comparatively manageable, a positive for lease management and renewals.
WDSuite does not provide a verified neighborhood crime rank for this location in the current release. Investors typically compare neighborhood conditions with county and metro trends and supplement with local due diligence to confirm on-the-ground safety dynamics and any trajectory changes over time.
Regional employers within commuting range support a broad white‑collar and healthcare/technology workforce, which can underpin renter demand and lease retention for suburban multifamily. Notable nearby employers include PepsiCo, Ascena Retail Group, IBM, Prudential Financial, and Becton Dickinson.
- PepsiCo — corporate offices (12.4 miles)
- Ascena Retail Group — corporate offices (14.1 miles) — HQ
- IBM — corporate offices (15.8 miles) — HQ
- Prudential Financial — financial services (17.8 miles)
- Becton Dickinson — medical technology (18.4 miles) — HQ
Built in 2004 with 60 units, 300 Battalion Dr offers newer-vintage positioning against an older local base, supporting competitive appeal with potentially lower immediate capital needs. Neighborhood occupancy trends are above the metro median and in the top quartile nationally, indicating a stable leasing backdrop; according to CRE market data from WDSuite, the area’s elevated ownership costs and manageable rent-to-income levels further support retention and pricing discipline.
Within a 3‑mile radius, projections point to increases in households and a gradual rise in renter concentration by 2028, implying a larger tenant base and support for occupancy stability. Amenity access is strongest for daily needs (groceries, pharmacies) while lifestyle amenities are thinner, which sets practical expectations for renter demand drivers and suggests value in property-level upgrades that enhance on-site appeal.
- 2004 vintage relative to older neighborhood stock supports competitive positioning with moderate capital planning needs.
- Neighborhood occupancy above metro median and top quartile nationally supports leasing stability.
- 3‑mile household growth and rising renter concentration indicate a broader tenant base over the medium term.
- Elevated ownership costs and manageable rent-to-income levels reinforce renter reliance on multifamily housing.
- Risks: thinner lifestyle amenities locally and historically low neighborhood renter concentration may temper near-term absorption without targeted upgrades.