| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 79th | Best |
| Amenities | 36th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 126 Council Ln, Burnt Hills, NY, 12027, US |
| Region / Metro | Burnt Hills |
| Year of Construction | 1985 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
126 Council Ln, Burnt Hills NY Multifamily Investment
Neighborhood occupancy is steady and renter demand skews stable in owner-heavy Burnt Hills, according to WDSuite’s CRE market data. The property’s suburban setting favors retention while limiting exposure to volatile urban leasing cycles.
The property sits in a suburban A- neighborhood within the Albany–Schenectady–Troy metro that is competitive among 295 metro neighborhoods (ranked 59th of 295). Schools are a standout: the neighborhood’s average school rating is 5.0 out of 5 and ranks 1st among 295 metro neighborhoods, placing local education quality in the top quartile nationally. This supports family-oriented renter demand and longer tenures.
Neighborhood occupancy is 92.5%, which is above the metro median (145th of 295) and aligns with expectations for stable, lower-churn suburban assets. The renter-occupied share of housing units is modest, signaling a smaller but durable tenant base and a leasing strategy oriented toward retention rather than frequent turnover. Median rents in the neighborhood have risen meaningfully over the past five years, reinforcing revenue potential, while the rent-to-income ratio remains comparatively manageable for residents, a positive for lease stability.
Amenities are limited at the block level (few cafes and parks per square mile), but essential services such as groceries and pharmacies are reasonably accessible relative to similar suburban locations. Median home values sit in the mid-range for the metro, suggesting that while ownership is attainable for some households, multifamily remains a practical option for those prioritizing location and schools—supporting investor pricing power without overreliance on aggressive rent hikes.
Within a 3-mile radius, demographics reflect a balanced age mix and high household incomes, with WDSuite indicating continued population and household growth over the next five years. That projected increase in households points to a larger tenant base over time, a constructive backdrop for multifamily, and it aligns with measured demand seen in this part of the metro. These dynamics, paired with strong schools and above-median occupancy, underpin a favorable suburban thesis for commercial real estate analysis.
Comparable neighborhood safety data is not available for this location in WDSuite’s current release. Investors should consider broader township and county trends, property-level security features, and insurer loss histories to contextualize risk relative to similar suburban assets in the Albany–Schenectady–Troy region.
Regional employment access is supported by a mix of corporate offices that expand the commuter shed and underpin renter demand for workforce housing. Notable nearby employers include IBM and McKesson.
- IBM — technology & corporate offices (19.0 miles)
- McKesson — healthcare distribution & services (31.9 miles)
Built in 1985, this 25-unit asset is newer than much of the area’s housing stock, offering relative competitiveness versus older properties while still warranting targeted capital planning for aging systems or light renovations. Neighborhood occupancy is above the metro median and the renter base is smaller but steady, supporting a retention-focused operating plan. According to CRE market data from WDSuite, rents have advanced over the past five years while rent-to-income levels remain manageable for residents, suggesting durable collections and measured pricing power rather than reliance on outsized growth.
Within a 3-mile radius, WDSuite points to population growth and an increase in households over the next five years, expanding the tenant pool over time. Strong local schools and mid-range ownership costs provide additional support for long-term leasing fundamentals, though limited nearby amenities and a high share of owner-occupied housing imply a narrower active renter segment and the need for disciplined marketing and renewal management.
- Suburban A- neighborhood with above-metro-median occupancy supports stable cash flow potential
- 1985 vintage offers competitive positioning versus older stock with targeted value-add upside
- Household and population growth within 3 miles expand the tenant base over time
- Rents have risen while rent-to-income remains manageable, aiding retention and collections
- Risks: limited nearby amenities and owner-heavy tenure require focused leasing and renewal strategy