| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Poor |
| Demographics | 40th | Poor |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 110 Center St, Ellenville, NY, 12428, US |
| Region / Metro | Ellenville |
| Year of Construction | 1990 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
110 Center St, Ellenville NY Multifamily Investment
Neighborhood indicators point to durable renter demand and manageable rent-to-income levels, according to WDSuite’s CRE market data, supporting a steady leasing outlook for this 1990-vintage asset.
Ellenville sits within the Kingston, NY metro and rates above the metro median overall (rank 39 out of 86 neighborhoods). The area functions as an inner suburb with everyday conveniences close by; grocery and pharmacy density rank among the stronger pockets in the metro, while restaurants and cafes are competitive. Park access is comparatively limited, which may modestly affect outdoor amenity appeal.
For multifamily operators, neighborhood occupancy trends track around the middle of the Kingston metro and below national norms, suggesting leasing stability but requiring active management on renewals and marketing. Renter-occupied share is elevated versus many peer neighborhoods in the metro and sits in the top quartile nationally, indicating a solid tenant base for a 37-unit property.
Within a 3-mile radius, households have grown meaningfully over the last five years while average household size has declined, expanding the pool of potential renters and supporting occupancy stability. Forward-looking projections from WDSuite point to continued household expansion through the next five years, which should enlarge the local renter pool even if population growth remains modest.
Affordability benchmarks reinforce leasing resilience: median contract rents are moderate for the region and the rent-to-income ratio trends in a healthier range (above the national median but not stretched), which can aid retention and reduce turnover pressure. By contrast, lower home values relative to national peers can introduce some competition from ownership; investors should plan pricing and unit finishes accordingly. School ratings trend below national averages, which may influence demand from family renters but is less determinative for workforce-oriented unit mixes.
Vintage matters: the property’s 1990 construction is notably newer than the neighborhood’s older housing stock (average year around the mid-20th century). This positioning can help on curb appeal and functional layouts versus pre-war inventory, though capital planning should still account for aging systems and selective modernization to meet current renter expectations.
Comparable neighborhood crime data were not available in WDSuite for this location at the time of publication. Investors typically benchmark safety by comparing neighborhood trends to metro and national baselines and by reviewing municipal reporting over multiple years to understand directionality rather than relying on a single snapshot.
As with any submarket evaluation, incorporate property-level measures (lighting, access control, and visibility) and monitor regional trend sources to contextualize risk alongside leasing and retention strategies.
110 Center St is a 37-unit, 1990-vintage multifamily asset positioned in an inner-suburban pocket that ranks above the Kingston metro median. Neighborhood occupancy sits around metro midpoints, renter concentration is comparatively high, and household growth within a 3-mile radius expands the prospective tenant base. According to CRE market data from WDSuite, local rent levels and rent-to-income ratios indicate manageable affordability pressure, supporting renewal prospects.
The property is meaningfully newer than much of the area’s older housing stock, providing a competitive edge on functionality with potential to capture value through targeted renovations rather than full repositioning. Key watch items include below-average school ratings, limited park amenities, and some competition from ownership given comparatively accessible home values; these can be managed through unit mix, amenity programming, and disciplined pricing.
- Renter-occupied share above many metro peers supports depth of tenant demand
- Household growth within 3 miles and declining household size enlarge the renter pool
- 1990 vintage out-positions older neighborhood stock; scope for targeted value-add
- Moderate rent levels and manageable rent-to-income dynamics aid retention
- Risks: below-average school ratings, limited parks, and potential ownership competition