| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 63rd | Good |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 128 Vineyard Ave, Highland, NY, 12528, US |
| Region / Metro | Highland |
| Year of Construction | 1977 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
128 Vineyard Ave, Highland NY Multifamily Investment
Neighborhood fundamentals point to steady renter demand and occupancy resilience, according to WDSuite’s CRE market data. A 1977 vintage positions the asset competitively versus older local stock while leaving room for targeted updates.
Highland’s Inner Suburb setting offers everyday convenience with dining and parks density that is competitive among Kingston metro neighborhoods. Restaurant and cafe options are in the metro’s upper tier (ranks 9th and 7th among 86 neighborhoods, respectively), and park access ranks 5th of 86 — a top-quartile position. Grocery access is similarly strong (13th of 86). Pharmacy options are limited in the immediate area, so residents may rely on nearby corridors for fills and health services.
For investors, the neighborhood’s A+ rating (3rd of 86 in the Kingston metro) and solid occupancy backdrop support leasing stability. Neighborhood occupancy is 91.6% and has trended higher in recent years, indicating durable renter absorption. The share of renter-occupied housing is moderate at the neighborhood level (35.1%), suggesting a mixed-tenure base that can support demand for smaller buildings like a 20-unit asset.
Within a 3-mile radius, demographics show recent population and household growth with projections pointing to continued expansion by 2028 — factors that generally indicate a larger tenant base and support for occupancy. Median household incomes in the neighborhood sit above national norms, while the rent-to-income ratio of 0.18 implies manageable affordability pressure, aiding retention and lease management. Elevated home values locally reinforce renter reliance on multifamily housing rather than ownership, which can underpin steady demand.
School ratings in the neighborhood average below the national median, which can influence family-driven leasing decisions. Even so, the area’s amenity mix and commuting reach across the Hudson Valley continue to make it practical for working households. These dynamics, combined with neighborhood performance that is above the metro median across several categories, are favorable for investors conducting multifamily property research.
WDSuite does not report ranked crime data for this neighborhood in the Kingston, NY metro, so investors should evaluate safety using broader regional trends and property-level measures. A practical approach is to compare recent local policing reports and insurance loss runs with regional benchmarks to understand directionality rather than relying on block-level snapshots.
As with most suburban Hudson Valley locations, safety perceptions can vary by street and property management practices. Well-lit common areas, controlled access, and resident engagement typically support retention and reduce incident risk over time.
Regional employers within commuting range broaden the renter base and support leasing stability, particularly for workforce households. Notable anchors include Praxair, PepsiCo, and IBM, which contribute to diversified office and industrial demand across the Hudson Valley corridor.
- Praxair — industrial gases (32.1 miles) — HQ
- PepsiCo — consumer goods corporate offices (43.3 miles)
- IBM — technology corporate offices (44.0 miles) — HQ
128 Vineyard Ave is a 1977-vintage, 20-unit asset positioned in a high-performing Highland neighborhood where occupancy remains healthy and renter demand is reinforced by elevated ownership costs. The property’s vintage is newer than the area’s average housing stock, offering relative competitiveness vs. older buildings while leaving scope for targeted capital projects (systems, common areas, finishes) to enhance leasing and rents. Based on CRE market data from WDSuite, neighborhood NOI per unit trends are in the top quartile nationally, aligning with steady absorption and a mixed renter/owner landscape that supports tenant depth.
Within a 3-mile radius, recent population and household growth — with projections indicating further expansion through 2028 — point to a larger renter pool over time. Neighborhood rent-to-income levels indicate manageable affordability pressure, aiding retention, though below-median school ratings and limited nearby pharmacy services are practical considerations for family-oriented renters. Proximity to regional employers across the Hudson Valley adds commuting options that can support lease-up and renewal velocity.
- 1977 vintage is newer than local averages, offering competitive positioning with potential for value-add updates
- Healthy neighborhood occupancy and mixed-tenure base support demand resilience and retention
- 3-mile population and household growth trends indicate a broadening renter pool through 2028
- Elevated home values sustain renter reliance on multifamily, supporting lease stability
- Risks: below-median school ratings and limited pharmacy options may temper family appeal; commuting employers are regional rather than next-door