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South New Street Development 325 S New St

90 Unit Apartment Building For Sale Bethlehem, PA 18015

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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.

Lehigh Apts View

Property Facts

Sale Type	Investment	Building Class	C
Sale Conditions	Redevelopment Project	Lot Size	0.18 AC
No. Units	90	Building Size	51,767 SF
Property Type	Multifamily	No. Stories	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 Conditions	Redevelopment Project
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
No. Stories	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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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.

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, 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	$88,100
Land Assessment	$81,200	Total Assessment	$169,300

PROPERTY TAXES

Parcel Numbers

Multiple

P6SE1A-20-14-0204
P6SE1A-20-13-0204
P6SE1A-20-15-0204

Land Assessment

$81,200

Improvements Assessment

$88,100

Total Assessment

$169,300

zoning

Zoning Code	CB (Commercial Business District)
CB (Commercial Business District)

Listing ID: 29289568
Date on Market: 8/16/2023
Last Updated:
Address: 325 S New St, Bethlehem, PA 18015

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PHOTOS

STREET VIEW STREET

MAP

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325 S New St, Bethlehem, PA for sale Primary Photo- Image 1 of 6 — Bethlehem

325 S New St, Bethlehem, PA for sale Building Photo- Image 2 of 6 — Correct street view4

325 S New St, Bethlehem, PA for sale Building Photo- Image 3 of 6 — Correct street view3

325 S New St, Bethlehem, PA for sale Interior Photo- Image 4 of 6 — Apartment pics

325 S New St, Bethlehem, PA for sale Building Photo- Image 5 of 6 — Correct street view with lawn

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