Brick Office Building with Conversion
New
For Sale
$399,000
134 Broadway, Bangor, PA 18013
MULTI_FAMILY - Bangor Boro, PA
Property Size4,048 SF
Lot Size0.13 Acres
Price / SF$98.57
Days on Market3
Property Features for 134 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Gb-General Business
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
On Street
Subdivision
Not in Development
Elementary school district
Bangor
Middle school district
Bangor
High school district
Bangor
Directions
Rt. 22 East to Rt. 33 North towards Stroudsburg. Take Rt 191 exit (Stockertown/Bangor). Turn right off exit to light. Make a left (Route 191). Continue for @ 8 miles to center of town. Make a left onto Broadway. Property on left within first block.
Standard status
Active
APN
E9NE2D 12 1 0102
Size
4,048 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
5486
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Oil
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
1
Building materials
Brick
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
Dana K. Cardona · License #RS331469
(718) 300-1382
Added: Aug 3
Last Checked: Aug 5 at 3:06AM
MLS# 781928
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.
This brick office building offers flexible use options and existing groundwork toward redevelopment. The property is 4,048 square feet and includes a current office configuration, with rooms identified for two bathrooms. The building was constructed in 1900 and is heated with oil and cooled with window unit(s). Water is public, and sewer service is listed as public sewer, supporting redevelopment planning. On-street parking is available.
Development planning has been advanced through multiple steps. Sewer EDU requests have been initiated, parking solutions have been designed, and architectural drawings for a multi-unit conversion are available. Two presentations were completed before the Borough planning committee, and final approvals are still pending. The intended end use options noted include conversion to 5–8 residential units with ground-floor commercial, or a single-family home.
The property is zoned GB-General Business and is listed as a For Sale transaction.
Development planning has been advanced through multiple steps. Sewer EDU requests have been initiated, parking solutions have been designed, and architectural drawings for a multi-unit conversion are available. Two presentations were completed before the Borough planning committee, and final approvals are still pending. The intended end use options noted include conversion to 5–8 residential units with ground-floor commercial, or a single-family home.
The property is zoned GB-General Business and is listed as a For Sale transaction.
Key Highlights
- 4,048 SF brick office building built in 1900
- 0.127‑acre lot with public water and public sewer
- Oil heat and window unit(s) cooling
Financial Insights For Apartment 5plus
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 | $48.6k | $12.00 |
| − Vacancy | −$3.8k | −$0.94 |
| EGI | $44.8k | $11.06 |
| − OpEx | −$20.2k | −$4.98 |
| NOI | $24.6k | $6.09 |
4,048 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Office B
$599.8K
$524.9K – $699.8K
NOI $41,988 @ 7.0% cap · market cap 10.52%
Second Best
Apartment 5plus
$351.9K
$307.9K – $410.6K
NOI $24,633 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$767.8K
$671.8K – $895.7K
NOI $53,744 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 18013, PA
17,436
Population
7,401
Households
2.4
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
63.0 sq mi
ZIP Area
277
Density / Sq Mi
$76,116
Median Household Income
$37,107
Median Earnings
$1,088
Median Rent
$245,700
Median Home Value
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 - Brick office building on a 0.127-acre lot, served by public water and sewer, with oil heat and on-street parking.
Where is this office building located?
The property is located at 134 Broadway Bangor, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,048 SF brick office building built in 1900; 0.127‑acre lot with public water and public sewer; Oil heat and window unit(s) cooling
