| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Poor |
| Demographics | 76th | Best |
| Amenities | 42nd | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 727 Bronx River Rd, Bronxville, NY, 10708, US |
| Region / Metro | Bronxville |
| Year of Construction | 1975 |
| Units | 85 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
727 Bronx River Rd Bronxville Multifamily Investment
Balanced renter demand and steady neighborhood occupancy point to durable income potential, according to WDSuite’s CRE market data. The asset’s inner-suburb setting supports retention, with rents positioned in the upper range nationally.
This inner-suburb location in the New York–Jersey City–White Plains metro shows stable fundamentals for multifamily investors. Neighborhood occupancy is above the national midpoint and has trended upward over the past five years, supporting income stability across cycles. Median contract rents in the neighborhood track in the upper range nationally, signaling pricing power when paired with disciplined lease management.
Amenities are mixed: parks score in the top national percentiles, while restaurants and pharmacies are reasonably accessible but cafes and grocery options are thinner within the immediate pocket. Average school ratings land slightly above national norms, which can aid longer-term retention for households prioritizing education.
Tenure patterns vary by geography. Within the neighborhood, the share of renter-occupied units is comparatively lower, suggesting turnover and absorption rely on a broader catchment. Within a 3-mile radius, housing is approximately balanced between renter- and owner-occupied units, providing a deeper tenant base for leasing velocity and renewal strategies.
Household incomes in the neighborhood rank above many peers in the metro, and rent-to-income ratios remain manageable, which supports collections and renewal pricing. Home values are moderate relative to regional benchmarks, which can introduce some competition from ownership options; investors should calibrate finishes and marketing accordingly to sustain multifamily appeal.
The property’s 1975 vintage is newer than much of the surrounding housing stock. That positioning can be competitive versus older buildings, while still warranting targeted system upgrades and common-area refreshes to meet current renter expectations and drive rent lift.
Neighborhood safety compares favorably in the region, ranking in the top quartile among 889 metro neighborhoods, and sits above the national average for safety. Recent trends show a modest decline in property incidents alongside a slight uptick in violent offenses. For investors, the overall profile supports leasing and retention, while ongoing monitoring remains prudent for operating assumptions.
- Cognizant Technology Solutions — IT services (9.1 miles) — HQ
- Mastercard — payments (9.8 miles) — HQ
- PepsiCo — consumer goods (11.0 miles) — HQ
- XPO Logistics — logistics (12.2 miles) — HQ
- Prudential Financial — financial services (12.8 miles)
727 Bronx River Rd offers 85 units in a demand-supportive inner-suburb with occupancy that has outperformed national midpoints and neighborhood rents positioned in the upper range nationally. The 1975 construction is newer than much of the nearby housing stock, creating room for targeted value-add through building systems, unit interiors, and common-area improvements while remaining competitive against older comparables. According to CRE market data from WDSuite, the surrounding 3-mile area shows expanding households and income growth, which supports a larger tenant base and leasing durability.
Investors should weigh a relatively amenity-light micro pocket and moderate ownership accessibility, which can introduce competition from for-sale housing. Even so, strong park access, above-average school ratings, and proximity to diversified employers across Westchester and Fairfield underscore long-term renter appeal and retention potential.
- Occupancy above national midpoint with upward five-year trend supports income stability
- 1975 vintage provides value-add upside via targeted renovations and system upgrades
- Upper-range neighborhood rents and solid household incomes underpin pricing power
- Diverse nearby employment nodes aid leasing velocity and renewal performance
- Risks: amenity-light immediate pocket and accessible ownership options may pressure lease-up and retention if finishes lag