| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Poor |
| Demographics | 53rd | Fair |
| Amenities | 56th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4 Briarcliff Dr S, Ossining, NY, 10562, US |
| Region / Metro | Ossining |
| Year of Construction | 1977 |
| Units | 103 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4 Briarcliff Dr S, Ossining NY Multifamily Opportunity
Workforce-friendly rents and a sizable renter base in an inner-suburb location point to steady tenant demand, according to WDSuite’s CRE market data. Neighborhood occupancy has held in the low‑90s, supporting stable operations for a 103‑unit asset.
This inner suburb of the New York–Jersey City–White Plains metro offers balanced livability with convenient daily needs. Cafes, groceries, and restaurants index in the top quartile nationally, signaling everyday amenity access that helps with resident retention. By contrast, park and pharmacy access is limited locally, so on‑site offerings and nearby private services can matter more to leasing.
Neighborhood standing is below the metro median among 889 metro neighborhoods (C+ rating), yet the renter concentration is meaningful: roughly two‑fifths of housing units are renter‑occupied. For multifamily owners, that translates to a durable tenant pool and consistent leasing velocity, even as competition remains measured in an inner‑suburban setting.
Home values in the area are elevated for Westchester, which tends to reinforce reliance on rental housing and supports pricing power when units are well‑maintained. At the same time, rent-to-income metrics indicate manageable affordability pressure, suggesting scope for disciplined revenue management without overextending residents.
Within a 3‑mile radius, WDSuite data indicates population growth over the last five years and a larger increase in households, pointing to smaller household sizes and an expanding renter pool. Forward-looking estimates show additional gains in both households and incomes by 2028, which supports occupancy stability and demand for renovated units as product quality differentiates.
Comparable inner‑suburban neighborhoods in Westchester typically track near broader county patterns, but WDSuite does not publish a neighborhood crime rank for this location in the latest release. Investors often benchmark police-reported trends at the village and county levels, assess sightlines and lighting, and weigh property-level measures to support leasing and resident retention.
- Pepsico — corporate offices (6.4 miles)
- Ibm — technology & services (9.1 miles) — HQ
- Fernando DaCunha - Citizens Bank, Home Mortgages — financial services (12.8 miles)
- Pepsico — corporate headquarters (13.6 miles) — HQ
- Mastercard — payments & technology (13.6 miles) — HQ
Built in 1977, this 103‑unit asset offers classic mid‑vintage scale with value‑add potential where modernization can unlock rent premiums. The neighborhood’s renter concentration and amenity access underpin steady absorption, while elevated ownership costs in Westchester help sustain reliance on multifamily housing. According to CRE market data from WDSuite, neighborhood occupancy has remained around the low‑90s, aligning with a stable leasing backdrop for well‑managed properties.
Demand fundamentals are supported by 3‑mile radius trends: households have increased and are projected to rise further by 2028 alongside income growth, broadening the tenant base. Investors should plan for targeted capital improvements typical of late‑1970s construction (systems, interiors, common areas) to stay competitive against newer stock and capture retention and renewal gains.
- Inner‑suburb renter depth and top‑quartile everyday amenities support leasing stability
- 1977 vintage offers clear value‑add path via systems and interior upgrades
- Elevated home values locally reinforce rental demand and pricing power
- 3‑mile household and income growth expands the prospective renter pool
- Risks: below‑median metro standing, limited park/pharmacy access, and aging systems requiring disciplined capex