201 S State St Newtown, PA 18940
Fully leased, renovated commercial building in the heart of Newtown.
Property Features for 201 S State St
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1850
Listing office BLANCATO LLC (215) 860-1134
Listing date Apr 7, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of Newtown Borough, directly across from the State Store and proposed Liberty Square redevelopment.
- Fully leased, providing strong, stable cash flow with an approximate 7% cap rate.
- Over 15,000 square feet of fully renovated, sprinklered space.
Local Financial Insights For Office B
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 | $390.6k | $26.04 |
| − Vacancy | −$76.2k | −$5.08 |
| EGI | $314.4k | $20.96 |
| − OpEx | −$78.6k | −$5.24 |
| NOI | $235.8k | $15.72 |
