| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 29th | Fair |
| Demographics | 24th | Poor |
| Amenities | 31st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 160 Lake St, Liberty, NY, 12754, US |
| Region / Metro | Liberty |
| Year of Construction | 1996 |
| Units | 32 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
160 Lake St Liberty Multifamily Investment, 32 Units
1996 vintage positions this asset newer than much of the area s housing stock, supporting competitive tenant appeal and steady leasing potential, according to WDSuite s CRE market data.
Located in Liberty, NY, the neighborhood is suburban in character (rated C) with a renter-occupied share of housing units at 41.5%. This places the renter concentration in the top quartile among 62 metro neighborhoods, indicating a deeper tenant base for multifamily demand rather than owner demand. All references to occupancy and tenure reflect neighborhood dynamics, not the property.
Neighborhood occupancy is measured at 72.2%, which ranks 22 out of 62 locally competitive among Sullivan County neighborhoods but below national norms. For investors, this suggests the importance of active leasing and renewals to support stability, while the above-median local standing indicates relative competitiveness in the immediate context.
Amenity access skews toward everyday needs over lifestyle retail: restaurants and parks rank near the top locally (both competitive among 62 metro neighborhoods), while cafes, pharmacies, and childcare options are limited. Grocery access is mid-pack in the county. This mix aligns with workforce-oriented demand and supports day-to-day livability even if boutique options are thinner.
The average neighborhood construction year trends older (1939), while the subject property s 1996 vintage offers a relative advantage versus much of the local housing stock. That newer profile can reduce near-term capital needs and help command interest versus older comparables, while still leaving room for targeted modernization to enhance positioning.
Home values in the area are comparatively lower by national standards, and rent-to-income appears manageable (neighborhood rent-to-income ratio of 0.13). Together, this points to moderate affordability pressure for renters supportive of retention and lease management. Where ownership remains more accessible, operators should monitor potential competition with entry-level ownership and emphasize convenience, maintenance, and amenity offerings to sustain pricing power.
Demographic statistics aggregated within a 3-mile radius indicate a small-market setting with modest incomes and household sizes, which generally align with workforce housing demand. Based on CRE market data from WDSuite, these dynamics can support occupancy stability when paired with disciplined leasing and competitive property condition.
Comparable safety metrics for this neighborhood are limited in the available dataset, so investors should benchmark trends against Sullivan County and state-level references and review multi-year trajectories where possible. When crime data is available, framing it in relative terms (e.g., above or below regional averages) provides better context for resident retention and leasing risk than block-level figures.
The local employment base is diverse at a county scale, with commuting patterns that typically reflect healthcare, public sector, education, and service roles supportive of workforce housing demand. Verified nearby anchor employers with distance data were not available in WDSuite for this address at the time of writing.
This 32-unit, 1996-built asset offers a newer profile than much of the surrounding housing stock, helping it compete against older inventory while leaving room for value-focused upgrades. The neighborhood s renter-occupied share is elevated, indicating depth in the tenant base, and the rent-to-income ratio suggests manageable affordability pressure that can support retention and steady lease performance.
Neighborhood occupancy is competitive within Sullivan County but below national norms, so execution matters: attentive leasing, renewals, and targeted improvements should support performance. According to CRE market data from WDSuite, local amenities favor daily needs over lifestyle options, aligning with workforce demand drivers that can underpin consistent absorption when the property is kept in good physical condition.
- 1996 vintage competes well versus older local stock, with potential upside from selective modernization
- Elevated renter-occupied share signals a deeper tenant base supporting leasing and renewals
- Manageable rent-to-income dynamics bolster retention and pricing discipline
- Daily-needs amenity mix suits workforce housing demand and day-to-day livability
- Risk: neighborhood occupancy trails national norms; requires active leasing and asset quality to sustain performance