| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Best |
| Demographics | 25th | Poor |
| Amenities | 96th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 680 E 140th St, Bronx, NY, 10454, US |
| Region / Metro | Bronx |
| Year of Construction | 1920 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
680 E 140th St Bronx Multifamily Investment
Neighborhood fundamentals point to durable renter demand and high occupancy, according to WDSuite s CRE market data. Investor focus centers on a deep renter base and an urban amenity mix that supports lease retention.
Located in the Bronx s Urban Core, the neighborhood is rated B and ranks 361 out of 889 metro neighborhoods above the metro median with amenity access that scores in the top quartile nationally for groceries, pharmacies, restaurants, and childcare. This concentration supports daily convenience and helps sustain renter appeal and leasing velocity.
At the neighborhood level, occupancy trends are strong (above the 86th national percentile), and renter-occupied housing is among the highest shares in the metro (top national percentile). For investors, that translates to a broad tenant base and potential stability across cycles. Median home values sit in a high-cost ownership context (around the 90th national percentile), reinforcing reliance on multifamily rentals and supporting pricing power, while careful lease management remains important.
Within a 3-mile radius, households have increased in recent years and are projected to expand further alongside smaller average household sizes. This combination points to a larger tenant pool over time and diversified unit demand, especially for efficiently sized apartments. Median contract rents are projected to grow through the next five years, supporting revenue visibility if unit positioning and operations keep pace with the market.
The property s 2003 construction is newer than the neighborhood s average vintage (1972), offering competitive positioning versus older stock. Investors should still underwrite selective system updates or common-area refreshes to sustain competitiveness, but the newer baseline mitigates near-term capital intensity relative to older buildings.
School ratings in the neighborhood track below national averages, which may steer the resident profile more toward workforce renters rather than school-driven moves. The amenity density and proximity to major employment cores, however, remain supportive of day-to-day livability and multifamily demand.
Safety indicators for the neighborhood are below national averages (crime sits around the 24th national percentile), and it ranks below the metro median among 889 neighborhoods. For context, violent offense rates have improved year over year (approximately a 9.5% decline), while property offenses have ticked up modestly in the latest annual read, based on CRE market data from WDSuite. Investors typically account for this by emphasizing security-forward operations, lighting, access control, and resident engagement.
Proximity to Manhattan s corporate hubs supports commuter convenience and a broad renter base, with notable employers within roughly 4 2 miles that can reinforce leasing stability. Nearby anchors include JetBlue, Loews, Disney ABC, Ralph Lauren, and Est e9e Lauder.
- Jetblue Airways corporate offices (4.1 miles) HQ
- Loews corporate offices (4.2 miles) HQ
- Disney ABC Television Group corporate offices (4.2 miles)
- Ralph Lauren corporate offices (4.2 miles) HQ
- Estee Lauder corporate offices (4.3 miles) HQ
680 E 140th St benefits from a deep renter pool, strong neighborhood occupancy, and dense daily-needs amenities. The area s high-cost ownership market underpins multifamily demand and supports rent durability, while the property s 2003 vintage provides a competitive edge versus older comparables and may limit heavy near-term capex. According to CRE market data from WDSuite, neighborhood occupancy sits well above metro and national baselines, reinforcing the case for stable leasing.
Within a 3-mile radius, household counts have risen and are forecast to expand further, with smaller household sizes pointing to continued renter pool expansion. Investors should balance these strengths against affordability pressures and safety perceptions by prioritizing targeted upgrades, efficient unit mixes, and disciplined lease management.
- High renter concentration and above-median neighborhood occupancy support demand depth
- 2003 construction offers competitive positioning versus older local stock with selective upgrade potential
- Dense grocery, pharmacy, and restaurant access bolsters day-to-day livability and lease retention
- 3-mile household growth and smaller household sizes indicate ongoing renter pool expansion
- Risks: affordability pressure and below-average safety require prudent underwriting and operations