| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Best |
| Demographics | 76th | Best |
| Amenities | 18th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1400 Crescent Vischer Ferry Rd, Halfmoon, NY, 12065, US |
| Region / Metro | Halfmoon |
| Year of Construction | 1993 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1400 Crescent Vischer Ferry Rd Halfmoon Multifamily Investment
Suburban, owner-leaning location with steady renter demand and manageable rent-to-income dynamics, according to WDSuite s CRE market data. Visibility to population and household growth supports leasing stability for a 48-unit asset.
Halfmoon sits within the Albany Schenectady Troy metro and scores a B+ neighborhood rating, ranking 78 out of 295 neighborhoods competitive among Albany Schenectady Troy neighborhoods. Local incomes benchmark in the higher national percentiles, and the rent-to-income profile suggests room for measured rent growth without outsized affordability pressure for qualified tenants.
The area is suburban with limited in-neighborhood retail and cafes, so residents typically drive to nearby corridors for daily needs. Neighborhood occupancy is moderate and renter concentration is below half of housing units, indicating an owner-leaning housing mix; for multifamily, that points to a defined but selective tenant base and the potential for stable retention when properties are well-maintained and professionally managed.
Demographic statistics within a 3-mile radius show population growth over the past five years with further increases projected, alongside a rising household count that expands the local renter pool. Contract rents in the radius have advanced in recent years, reinforcing investor expectations for demand resilience when units are competitively positioned.
The neighborhood s average construction year trends around the late 1980s, and the subject property s 1993 vintage is slightly newer than the local average. That positions the asset competitively versus older stock while still warranting capital planning for aging systems and selective modernization to support rent premiums and reduce turnover risk.
Neighborhood-level crime data is not available in WDSuite for this area, so comparative safety trends versus metro and national benchmarks cannot be stated here. Investors typically supplement this view with municipal reports and broader regional statistics to inform underwriting and tenant retention assumptions.
Regional corporate offices anchor a diversified employment base accessible from Halfmoon, supporting commuter demand and lease retention for workforce and professional renters. The nearby employers below reflect the types of roles that contribute to steady renter traffic.
- IBM technology & services (11.8 miles)
- McKesson healthcare distribution (35.6 miles)
This 48-unit property at 1400 Crescent Vischer Ferry Rd benefits from an owner-leaning suburban location with a defined renter base, higher-income households, and a rent-to-income profile that supports disciplined rent setting. Based on commercial real estate analysis from WDSuite, neighborhood occupancy is steady, and the 3-mile radius shows population growth with additional household increases projected a backdrop that generally supports leasing stability when product is kept competitive.
Constructed in 1993, the asset is modestly newer than the neighborhood s average vintage. That confers relative competitiveness versus older stock while still calling for targeted capital planning around building systems and unit-level updates to capture rent premiums. Limited immediate amenity density implies a car-oriented resident profile, so value is realized through operational execution, unit modernization, and consistent curb appeal.
- Suburban, higher-income renter base with manageable rent-to-income dynamics supports pricing discipline and retention.
- 1993 vintage offers a slight edge over older neighborhood stock with clear value-add pathways via modernization.
- 3-mile population and household growth trends underpin a larger tenant pool and occupancy stability.
- Nearby regional employers sustain commuter demand, aiding leasing velocity for well-positioned units.
- Risks: owner-leaning tenure and limited amenity density can tighten the active renter pool; performance depends on competitive finishes and professional management.