| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 34th | Good |
| Demographics | 52nd | Good |
| Amenities | 60th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 55 Liberty St, Monticello, NY, 12701, US |
| Region / Metro | Monticello |
| Year of Construction | 1978 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
55 Liberty St Monticello NY Multifamily Investment
Renter demand is supported by a majority renter-occupied housing base and everyday amenities nearby, according to WDSuite’s CRE market data. Affordability metrics suggest manageable rent-to-income exposure, which can aid retention with thoughtful lease management.
The property sits in an Inner Suburb location of Monticello where neighborhood fundamentals are competitive among Sullivan County’s 62 neighborhoods and above the metro median on several investor-relevant measures, based on commercial real estate analysis from WDSuite. Amenity access is a local strength: cafes, groceries, and pharmacies rank among the closest-served in the county (ranks near the top among 62), placing the area around the top quartile nationally for everyday services.
Tenure dynamics are favorable for multifamily operators. Approximately 52% of housing units are renter-occupied, indicating a deep tenant base that can support leasing velocity and renewal opportunities. This renter concentration—paired with a rent-to-income profile around 0.14—points to moderate affordability pressure, which can support retention while requiring disciplined rent setting.
Vintage positioning also matters. With a 1978 construction year in a metro where the average neighborhood stock skews older, the asset should compare well against pre-1960 product while still warranting capital planning for aging systems and targeted modernization to meet current renter expectations.
At the neighborhood level, occupancy trends sit below national benchmarks, suggesting the need for active leasing and resident services. Still, the area’s everyday amenity convenience and above-median demographic positioning among 62 local neighborhoods provide a foundation for stable demand if operations are well executed.
Neighborhood-level safety metrics are not available in WDSuite for this location at this time. Investors typically review village and county trend reports alongside property-level measures (lighting, access controls, and management presence) to benchmark conditions and inform underwriting.
This 20-unit, 1978-vintage asset offers exposure to a renter-oriented neighborhood with strong everyday service access. The property’s relative youth versus much older area stock can be a competitive lever if paired with focused upgrades to interiors and building systems. According to CRE market data from WDSuite, the surrounding neighborhood shows a majority renter-occupied housing base and amenity density that supports day-to-day convenience—factors that can help sustain tenant demand.
Key considerations include moderating pricing power given the market’s accessible home values and a neighborhood occupancy profile that trails national norms. Execution should prioritize resident retention, targeted renovations, and thoughtful lease management to capture durable cash flow.
- Majority renter-occupied housing base supports a deeper tenant pool and leasing stability
- 1978 construction compares well versus older local stock with value-add through selective modernization
- Everyday-service density (cafes, groceries, pharmacies) underpins convenience and retention
- Risk: below-national neighborhood occupancy requires active leasing and resident service focus
- Risk: more accessible ownership options may temper rent growth; emphasize renewals and quality improvements