Mixed-Use Property with
New
For Sale
$389,000
1000 Ferry Street, Easton, PA 18042
An occupied commercial storefront and three-bedroom residence are separately metered and zoned R-md.
Property Size2,322 SF
Price / SF$167.53
Days on Market2
Property Features for 1000 Ferry Street
General Information
Standard status
Active
Size
2,322 SF
Zoning
R-md
Occupancy
100%
Site & Location
Utilities to Site
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,238
Amenities
true
Assessor
false
Real Estate Only
Public
2928
2
0.067
Public Records
Detached,Garage
2322
Building Details
Building Size
2,322 SF
Year Built
1920
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
BetterHomes&GardensRE/Cassidon
(908) 224-5438
Listed By:
Yvonne Schneider
Source:
Haven
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 29 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BetterHomes&GardensRE/Cassidon
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Investment Insights
Based on property information with market context.
This 1920 property combines a commercial storefront on the ground level with a three-bedroom apartment above. Both spaces are occupied, and utilities are separately metered. The sale covers the real estate only; the business is not included. The property is offered in as-is condition.
The building is in Easton, near Downtown Easton.
The building is in Easton, near Downtown Easton.
Key Highlights
- Ground‑floor commercial storefront with a second‑floor 3‑bedroom apartment
- Both spaces are currently occupied
- Utilities are separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,510
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,200
$470.2K
Cap Rate 7%
$335,857
$335.9K
Cap Rate 9%
$261,222
$261.2K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$41.8K $18.00/SF
− Vacancy
−$4.2K −$1.80/SF
EGI
$37.6K $16.20/SF
− OpEx
−$14.1K −$6.07/SF
NOI
$23.5K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,200
Cap Rate 7%
$335,857
Cap Rate 9%
$261,222
Alternative Uses
Best Use
Mixed Use
$335.9K
$293.9K – $391.8K
NOI $23,510 @ 7.0% cap · market cap 6.04%
Second Best
Retail
$256.9K
$224.8K – $299.7K
NOI $17,983 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$440.4K
$385.4K – $513.8K
NOI $30,829 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
Explore this area
Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An occupied commercial storefront and three-bedroom residence are separately metered and zoned R-md.
Where is this mixed-use property located?
The property is located at 1000 Ferry Street Easton, PA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Ground‑floor commercial storefront with a second‑floor 3‑bedroom apartment; Both spaces are currently occupied; Utilities are separately metered
