| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Best |
| Demographics | 66th | Good |
| Amenities | 53rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10 Squiretown Rd, Hampton Bays, NY, 11946, US |
| Region / Metro | Hampton Bays |
| Year of Construction | 2005 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
10 Squiretown Rd Hampton Bays Multifamily Investment
Ownership-heavy Hampton Bays with elevated home values supports durable renter demand and pricing discipline, according to WDSuite’s CRE market data. A 2005 vintage and 76 units position this asset for operational consistency with selective modernization upside.
Hampton Bays sits within the Nassau County–Suffolk County, NY metro and rates A- overall, ranking 115 out of 608 metro neighborhoods—top quartile among local peers. Amenity access trends near the metro median, with restaurants, cafes, parks, and pharmacies around the middle of national distributions, while newer housing stock (average vintage 2014, top percentile nationally) signals competitive quality across the area, based on CRE market data from WDSuite.
For investors, the key dynamic is an ownership-leaning landscape that still sustains multifamily demand. Neighborhood renter-occupied share is measured at 26.8%, indicating a thinner but stable tenant base compared with more renter-centric submarkets. In the 3-mile radius, household incomes skew high and have grown, and median contract rents remain manageable relative to incomes, which can support retention and steady lease management rather than rapid turnover.
Home values benchmark high (around the top decile nationally), framing Hampton Bays as a high-cost ownership market. That context typically reinforces reliance on rental housing for mobility and lifestyle flexibility, aiding occupancy stability and pricing power at well-managed assets. Neighborhood rent-to-income metrics sit near national mid-range, suggesting less acute affordability pressure than in the most expensive coastal cores.
Demographic statistics aggregated within a 3-mile radius point to population and household expansion over recent years with further growth expected, expanding the potential renter pool. Combined with the area’s above-median income profile and the metro’s competitive neighborhood standing, these trends support consistent demand for quality units, especially properties that pair contemporary finishes with efficient operations.
Neighborhood-level safety benchmarks for this area are not available in WDSuite’s dataset. Investors typically compare local observations with metro and municipal sources to gauge trend direction and to frame site-level measures (lighting, access control, and visibility) within broader market context.
Regional employers contribute to a diversified hiring base accessible from Hampton Bays, supporting renter demand tied to professional services and advanced manufacturing. Notable nearby firms include Motorola Solutions and Amphenol.
- Motorola Solutions — communications technology (28.9 miles)
- Amphenol — electronics manufacturing (43.2 miles) — HQ
Built in 2005, 10 Squiretown Rd offers scale at 76 units in an ownership-heavy pocket where elevated home values underpin sustained rental reliance. The neighborhood ranks in the top quartile among 608 metro neighborhoods, while the 3-mile area shows population and household growth, expanding the tenant base. Relative to a locally newer housing stock (average 2014), this asset’s vintage suggests targeted value-add and systems modernization could enhance competitiveness and support rents without overextending capital.
According to CRE market data from WDSuite, neighborhood rent levels sit in a higher national percentile yet remain reasonable versus local incomes, helping manage affordability pressure and lease retention. High-cost ownership dynamics and a growing, high-income household profile in the 3-mile radius strengthen long-term multifamily fundamentals, provided operations remain disciplined and amenities align with tenant expectations.
- Scale and location fundamentals in a top-quartile metro neighborhood support durable demand
- 2005 vintage allows targeted renovations to compete with newer 2010s stock
- High home values reinforce renter reliance, aiding pricing power and retention
- Expanding 3-mile population and households indicate a growing tenant base
- Risk: ownership-heavy area and softer neighborhood occupancy require focused leasing and asset positioning