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South New Street Development 325 S New St

90 Unit Block of Flats For Sale Bethlehem, PA 18015

INVESTMENT HIGHLIGHTS

  • Walk to Lehigh University
  • Fully Permitted

EXECUTIVE SUMMARY

Prime mixed use redevelopment opportunity near Lehigh University. The project is fully permitted for 47 residential units, (164 beds) plus first floor commercial space. Inquire for Offering Memorandum. Price upon request.
Project is fully approved and "shovel ready". Property is further enhanced with a location within the Opportunity Zone.

ATTACHMENTS

Lehigh Apts View

PROPERTY FACTS

Sale Type Investment Building Class C
Sale Condition Development Sale Lot Size 0.18 AC
No. Units 90 Building Size 51,767 SF
Property Type Multifamily Number of Floors 7
Property Subtype
Apartment
  • Multifamily Dormitory
 Year Built 1900
Apartment Style Mid Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type Investment
Sale Condition Development Sale
No. Units 90
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Mid Rise
Building Class C
Lot Size 0.18 AC
Building Size 51,767 SF
Number of Floors 7
Year Built 1900
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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325 S New St, Bethlehem, PA - AERIAL map view
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • P6SE1A-20-14-0204
  • P6SE1A-20-13-0204
  • P6SE1A-20-15-0204
 Improvements Assessment £70,065
Land Assessment £64,578 Total Assessment £134,643

PROPERTY TAXES

Parcel Numbers
Multiple
  • P6SE1A-20-14-0204
  • P6SE1A-20-13-0204
  • P6SE1A-20-15-0204
Land Assessment
£64,578
Improvements Assessment
£70,065
Total Assessment
£134,643

ZONING

Zoning Code CB (Commercial Business District)
CB (Commercial Business District)
(203) 247-3516

CONTACT

  • Listing ID: 29289568

  • Date on Market: 16/08/2023

  • Last Updated:

  • Address: 325 S New St, Bethlehem, PA 18015

The Downtown Bethlehem Multifamily Property at 325 S New St, Bethlehem, PA 18015 is currently available. Contact Berkshire Hathaway HomeServices for more information.

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South New Street Development | 325 S New St
(203) 247-3516 x

South New Street Development | 325 S New St

Thomas Febbraio

(203) 247-3516

(203) 247-3516

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