Listing Agency: Coldwell Banker Prime Properties Slingerlands r***@cbcprime.net Show Phone

Listed By: Teresa Gitto · License #NY

Source: Crexi

Added: Apr 12 Changed: Aug 16 Last Checked: Aug 22 at 5:05AM

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Investment Insights

Based on property information with market context.

This property is a two-family home currently configured as a residential income duplex, totaling approximately 2,602 square feet. The listing sits on a +/- 0.39-acre lot with a corner setting at the traffic circle.

Located at the corner of New Scotland Rd and Cherry Ave Ext in Bethlehem, NY, the site benefits from its position on a traffic-circle intersection.

Offered as a for-sale development opportunity, the property is being marketed in its current two-family use while presenting potential for alternative development concepts, subject to approvals.

Key Highlights

• +/- 0.39‑acre corner lot on New Scotland Rd and Cherry Ave Ext at the traffic circle
• Property currently operates as a two‑family home with 2,602 SF
• Development opportunity with frontage at the corner of New Scotland Rd and Cherry Ave Ext

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Spa & Massage Center Hair Salon Parking Lot & Garage Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

231

Businesses Nearby

Explore this area Business Placement

Demographics for 12159, NY

8,524

Population

3,980

Households

2.1

Avg Household Size

47

Median Age

65%

College-Educated

97%

High-School Grad

15.1 sq mi

ZIP Area

565

Density / Sq Mi

$109,073

Median Household Income

$63,604

Median Earnings

$1,632

Median Rent

$430,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Corner two-family home on a +/- 0.39-acre lot near the traffic circle on New Scotland Rd and Cherry Ave Ext.

Where is this duplex located?

The property is located at 1376 NEW SCOTLAND RD Bethlehem, NY.

What are key features of this property?

This property features: +/- 0.39‑acre corner lot on New Scotland Rd and Cherry Ave Ext at the traffic circle; Property currently operates as a two‑family home with 2,602 SF; Development opportunity with frontage at the corner of New Scotland Rd and Cherry Ave Ext