| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 63rd | Good |
| Amenities | 43rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 781 Oakbrook Commons, Clifton Park, NY, 12065, US |
| Region / Metro | Clifton Park |
| Year of Construction | 1994 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
781 Oakbrook Commons, Clifton Park NY Multifamily Investment
1994 garden-style, 48-unit asset positioned in a stable suburban pocket where neighborhood occupancy trends remain resilient, according to WDSuite s CRE market data.
Clifton Park s suburban neighborhood around 781 Oakbrook Commons rates in the top quartile among 295 Albany Schenectady Troy metro neighborhoods, signaling balanced livability and steady renter demand. Site fundamentals lean residential with convenient everyday services rather than urban density, which supports family-oriented tenancy and longer stays.
On amenities, neighborhood data point to strong access to childcare and pharmacies while caf e9s and park acreage are limited a common suburban tradeoff that investors should weigh against the area s household stability. The property s 1994 vintage is newer than the area s average construction year (1987), suggesting a competitive position versus older stock, though investors may still underwrite select system updates or light modernization to sustain leasing velocity.
Neighborhood housing tenure shows a moderate renter-occupied share, indicating a smaller but durable base of multifamily demand. With elevated home values locally, ownership is a higher-cost path relative to renting; this typically reinforces renter reliance on multifamily housing and can support pricing power and retention for professionally managed assets.
Demographic statistics aggregated within a 3-mile radius indicate a high-income household mix and steady population, with forecasts pointing to additional households by 2028 a backdrop that expands the renter pool and supports occupancy stability. Neighborhood occupancy is in the mid-90s, and median contract rents remain manageable relative to incomes, which reduces affordability pressure and can aid lease management. This perspective aligns with commercial real estate analysis from WDSuite showing the submarket compares favorably to national benchmarks on income strength.
Comparable neighborhood safety metrics were not available in the dataset for this location. Without a verified metro rank or national percentile, investors typically benchmark conditions using regional reporting and trend context rather than block-level assumptions. As always, safety should be evaluated in relation to broader Albany Schenectady Troy patterns and property-level operations.
Major regional employers within commuting range include IBM and McKesson, supporting a diversified white-collar workforce that underpins renter demand and lease retention for suburban assets.
- IBM technology & services (15.9 miles)
- McKesson healthcare distribution (31.7 miles)
The investment case centers on durable suburban fundamentals, a newer-than-area vintage (1994), and an income-rich renter catchment. Neighborhood occupancy has held firm and median rents remain supportable against local incomes, which points to stable collections and measured pricing power rather than outsized volatility. Elevated ownership costs in the area further sustain reliance on rental housing, particularly for households prioritizing commute convenience and schools.
Based on CRE market data from WDSuite, the neighborhood ranks competitively within the Albany Schenectady Troy metro and benefits from a growing 3-mile renter pool outlook through 2028. While caf e9 and park density are lighter than urban cores, access to daily services is solid, and the property s vintage positions it favorably versus older stock with potential to create value through targeted common-area and in-unit updates.
- Newer 1994 vintage relative to area average, aiding competitiveness versus older assets
- Stable neighborhood occupancy and rents supportable against high local incomes
- Elevated ownership costs reinforce multifamily demand and retention
- Risk: suburban amenity depth is lighter and renter base is moderate, requiring disciplined leasing and renewal strategy