| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 25th | Poor |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 855 E 175th St, Bronx, NY, 10460, US |
| Region / Metro | Bronx |
| Year of Construction | 1932 |
| Units | 37 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
855 E 175th St Bronx Multifamily Investment
Neighborhood occupancy trends and an exceptionally high renter-occupied share point to steady leasing potential for a 1990-vintage, small-unit asset, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions, not property operations.
Located in the Bronx Urban Core, the area surrounding 855 E 175th St shows strong urban convenience with dense amenities and transit access typical of New York City. Amenity access sits in the top tier nationally, with abundant groceries, pharmacies, parks, cafes, and restaurants supporting daily needs and walk-to-work service employment. These neighborhood dynamics generally expand the day-to-day catchment for prospective renters and support retention.
Neighborhood multifamily indicators are favorable by national comparison: occupancy is strong and renter concentration is very high, suggesting depth in the tenant base and the potential for stable absorption. Rents in the neighborhood are above the national median but below the most expensive coastal submarkets, which can sustain demand for efficient floor plans. The property’s 1990 construction is newer than the neighborhood average vintage, positioning it as relatively competitive versus older stock while still leaving room for targeted modernization where systems or finishes warrant.
Within a 3‑mile radius, households have increased in recent years and are projected to expand further as average household size trends lower. This pattern typically indicates more households seeking apartments, supporting occupancy stability and leasing velocity. Median home values in the neighborhood are elevated versus much of the nation, which reinforces renter reliance on multifamily housing and can aid pricing power, while still requiring thoughtful lease management to balance rent-to-income pressure.
Compared with metro peers in New York-Jersey City-White Plains, the neighborhood performs above the national median on housing and amenity measures, and sits closer to the middle of the pack locally. Average school ratings trail national benchmarks, which may matter for family-targeted marketing but is often less determinative for studios and smaller one-bedrooms. Overall, the combination of dense amenities, high renter concentration, and steady neighborhood occupancy provides a constructive backdrop for a professionally managed, small-unit asset.
Safety metrics for the neighborhood are below national averages, indicating a higher incidence of reported offenses than many U.S. neighborhoods. Within the New York-Jersey City-White Plains metro (889 neighborhoods), this area sits on the weaker side of the safety spectrum; however, recent year-over-year trends indicate improvement, with declines in estimated violent and property offenses. Investors typically address this by emphasizing professional management practices, lighting and access controls, and resident engagement to support retention.
The surrounding labor market features major corporate offices within commuting range, supporting renter demand through diversified white-collar employment. Nearby anchors include Cognizant, Cognizant Technology Solutions, Disney ABC Television Group, JetBlue Airways, and Loews.
- Cognizant — corporate offices (6.6 miles)
- Cognizant Technology Solutions — corporate offices (6.6 miles) — HQ
- Disney ABC Television Group — media (6.7 miles)
- JetBlue Airways — airlines (6.7 miles) — HQ
- Loews — diversified holding company (6.8 miles) — HQ
This 37‑unit, small‑format asset built in 1990 benefits from a neighborhood with strong renter concentration, steady occupancy by national comparison, and dense Bronx amenities that support daily convenience and transit-linked employment. According to CRE market data from WDSuite, the area’s amenity access ranks among the strongest nationally, while the neighborhood’s elevated ownership costs reinforce reliance on rental housing, supporting demand for efficient units.
Forward-looking demographics within a 3‑mile radius point to a larger household count and smaller household sizes, which typically expand the renter pool and support leasing stability. While safety metrics trail national norms and rent-to-income ratios signal affordability pressure for some households, professional management, targeted upgrades, and disciplined renewals can help sustain retention and occupancy over a full cycle.
- High renter-occupied share in the neighborhood supports a deep tenant base and ongoing demand for small units.
- Amenity-rich Bronx location and transit convenience underpin retention and leasing velocity.
- 1990 vintage is newer than the area’s average stock, offering competitive positioning with selective value-add upgrades.
- Risks: below-national safety metrics and rent-to-income pressure require prudent screening, renewals, and expense control.