| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 25th | Poor |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2160 Clinton Ave, Bronx, NY, 10457, US |
| Region / Metro | Bronx |
| Year of Construction | 1927 |
| Units | 86 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2160 Clinton Ave, Bronx Multifamily Investment
Neighborhood occupancy remains steady and renter demand is deep, according to WDSuite s CRE market data, supporting income stability for professionally managed assets in this Urban Core pocket of the Bronx. Metrics cited reflect neighborhood conditions, not the property.
The immediate area offers a dense amenity base that is competitive among New York Jersey City White Plains neighborhoods (889 total), with groceries, pharmacies, cafes, and restaurants ranking in the top national percentiles. This walkable fabric can aid leasing velocity and day-to-day convenience for residents.
Neighborhood multifamily fundamentals are solid: occupancy is above the national median, and the renter-occupied share is among the highest nationally. For investors, that signals a large tenant base and generally resilient replacement demand, though effective leasing still benefits from product differentiation and professional management.
Homeownership remains a high-cost option in this part of the Bronx relative to local incomes, which tends to reinforce reliance on multifamily housing and supports pricing power at stabilized properties. At the same time, a rent-to-income ratio near the upper end for the neighborhood points to affordability pressure, suggesting attention to renewal strategy and amenity-value alignment to sustain retention.
Within a 3-mile radius, demographic data show modest population movement historically with a projected increase in households and smaller average household sizes over the next five years, indicating potential renter pool expansion rather than new unit formation. Average school ratings track below national norms, which is a consideration for family-oriented leasing, but proximity to daily needs and transit access typically offsets for many renter cohorts in Urban Core locations.
The asset s 1985 vintage is newer than the neighborhood average stock year, which can be a competitive advantage versus older buildings. Investors should still plan for modernization of aging systems and common areas to position effectively against newer deliveries.
Safety indicators for the neighborhood sit below national percentiles, with violent and property offenses elevated compared to many U.S. neighborhoods. Year over year, both violent and property offense rates have trended lower, which is constructive for perception and operations, but conditions vary by block and asset, and on-site security, lighting, and resident engagement remain important levers.
Within the New York Jersey City White Plains metro (889 neighborhoods), the area s crime profile is not among the top-performing cohorts; investors should underwrite operating practices and daytime activation accordingly while noting the recent downward trend in reported offense rates.
Regional employment access is supported by nearby corporate offices that help sustain renter demand through commute convenience, including Cognizant, Cognizant Technology Solutions, Disney ABC Television Group, JetBlue Airways, and Loews.
- Cognizant corporate offices (6.5 miles)
- Cognizant Technology Solutions corporate offices (6.5 miles) HQ
- Disney ABC Television Group media (7.2 miles)
- Jetblue Airways airline HQ & corporate (7.3 miles) HQ
- Loews corporate offices (7.3 miles) HQ
Positioned in a high-amenity Urban Core location with above-median neighborhood occupancy and an exceptionally high renter-occupied share, the property benefits from a deep tenant base and strong day-to-day convenience. Based on CRE market data from WDSuite, ownership costs in the area remain elevated relative to incomes, which tends to sustain reliance on rental housing and support lease-up and renewal performance when product-market fit is managed well.
Built in 1985 with 86 units averaging 575 square feet, the asset skews newer than much of the surrounding stock. That profile can compete well against older buildings, while still leaving room for targeted value-add through system modernization and amenity upgrades. Within a 3-mile radius, forecasts point to more households and smaller average household sizes, indicating a larger renter pool that can reinforce occupancy stability for well-positioned communities.
- Dense, top-percentile amenity context that supports leasing and resident satisfaction
- Above-median neighborhood occupancy and very high renter-occupied share signal depth of demand
- 1985 vintage offers competitive positioning versus older stock with value-add potential
- Household growth and smaller sizes within 3 miles point to renter pool expansion and support for stabilization
- Risks: affordability pressure (higher rent-to-income) and below-average safety/school ratings require attentive lease management and operations