Office Building with
New
For Sale
Contact for pricing
1213 Hamilton St, Allentown, PA 18102
The property includes parking beside the building and a separate lot within walking distance.
Property Size42,684 SF
Price / SF$140.45
Days on Market3
Property Features for 1213 Hamilton St
General Information
Standard status
Active
Size
42,684 SF
Property subtype
OFFICE
Building Details
Year Renovated
2021
Buildings
1
Building Size
42,684 SF
Listing Agency:
Feinberg Real Estate Advisors, LLC
(610) 709-6233
Listed By:
Casey Keller · License #RS370904
(610) 709-6232
Source:
Moodyscre
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:26AM
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 Feinberg Real Estate Advisors, LLC
Investment Insights
Based on property information with market context.
This 42,684-square-foot office building at 1213 Hamilton St in Allentown was renovated in 2021. Parking is available next to the building, with another lot a short walk away.
The property is situated in Allentown’s Downtown Business District.
The property is situated in Allentown’s Downtown Business District.
Key Highlights
- 42,684‑square‑foot office building
- Renovated in 2021
- Parking adjacent to the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$231,723
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,634,460
$4.6M
Cap Rate 7%
$3,310,329
$3.3M
Cap Rate 9%
$2,574,700
$2.6M
Market Conditions
NOI Build-Up for 42,684 SF
Gross rent
$332.9K $7.80/SF
− Vacancy
−$24.0K −$0.56/SF
EGI
$309.0K $7.24/SF
− OpEx
−$77.2K −$1.81/SF
NOI
$231.7K $5.43/SF
Area
Allentown, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,634,460
Cap Rate 7%
$3,310,329
Cap Rate 9%
$2,574,700
Alternative Uses
Best Use
Office B
$3.31M
$2.90M – $3.86M
NOI $231,723 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.39M
$7.34M – $9.78M
NOI $586,990 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,738
Businesses Nearby
Explore this area
Business Placement
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The property includes parking beside the building and a separate lot within walking distance.
Where is this office building located?
The property is located at 1213 Hamilton St Allentown, PA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 42,684‑square‑foot office building; Renovated in 2021; Parking adjacent to the building
