911 W Hamilton Street Allentown, PA 18101
SINGLE_FAMILY - Allentown City, PA
Property Features for 911 W Hamilton Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- B-2-CENTRAL BUSINESS
- Parking
- 12
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 549790803965001
- Size
- 6,536 SF
- Lot size
- 0.12 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Flooring type
- Wood
- Building materials
- Brick, Masonry
Listing agent Loren K. Keim Jr. License #RB-045762-L (877) 208-4158
Listing office CENTURY 21 Keim Realtors 90 N Cedar Crest Blvd, Allentown, PA (610) 395-0393
Listing date Apr 3, 2026
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 911 W Hamilton Street, the building is described as directly beside the PPL Tower, currently being transformed into luxury apartments, and steps from the Archer Music Hall and Da Vinci Science Center. The listing also references an area with extensive apartment and office development activity.
Concept plans referenced in the remarks envision a 7-story mixed-use expansion (with potential for more), supporting a vertical redevelopment approach consistent with the district growth described in the listing. The property is zoned B-2-CENTRAL BUSINESS.
Key Highlights
- Prime location in Allentown's Neighborhood Improvement Zone (NIZ) offering significant redevelopment opportunities and tax benefits.
- Exceptional flexibility for owner‑user, investor, or developer with three leasable floors ready for reconfiguration.
- Potential for a 7‑story (or higher) mixed‑use expansion, capitalizing on vertical growth trends.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.6k | $18.60 |
| − Vacancy | −$6.6k | −$1.00 |
| EGI | $115.0k | $17.60 |
| − OpEx | −$34.5k | −$5.28 |
| NOI | $80.5k | $12.32 |
