Six-Unit Mixed-Use
For Sale
Contact for pricing
Pending
216 4th Street, New Cumberland, PA 17070
The layout combines four tenant-occupied residential units with two commercially used units.
Property Size4,033 SF
Days on Market53
Property Features for 216 4th Street
General Information
Standard status
Pending
Size
4,033 SF
Property subtype
Mixed Use
Zoning
Commercial
Additional Details
Multifamily Units
4
Building Details
Buildings
4
Units
6
Tenancy
Multi
Listing Agency:
ADP Realty and Property Management
Listed By:
Aaron Piscioneri · License #PA
Source:
Crexi
Added: Aug 28
Changed: Oct 11
Last Checked: Oct 19 at 4:47AM
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 ADP Realty and Property Management
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Investment Insights
Based on property information with market context.
Located at 216 4th Street in downtown New Cumberland, this 4,033-square-foot mixed-use property contains six total units. Four residential units are currently occupied by tenants, while two units are being used commercially, creating a combination of residential and commercial spaces within one property.
The property is situated in a downtown setting within New Cumberland, Pennsylvania. Its address is 216 4th Street, New Cumberland, PA 17070. Interior photographs are not available, and showings are scheduled in blocks to accommodate current occupants.
The property is situated in a downtown setting within New Cumberland, Pennsylvania. Its address is 216 4th Street, New Cumberland, PA 17070. Interior photographs are not available, and showings are scheduled in blocks to accommodate current occupants.
Key Highlights
- Six total units within a mixed‑use property
- Four residential units currently occupied by tenants
- Two units currently used for commercial purposes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,772
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,440
$755.4K
Cap Rate 7%
$539,600
$539.6K
Cap Rate 9%
$419,689
$419.7K
Market Conditions
NOI Build-Up for 4,033 SF
Gross rent
$65.3K $16.20/SF
− Vacancy
−$4.9K −$1.22/SF
EGI
$60.4K $14.99/SF
− OpEx
−$22.7K −$5.62/SF
NOI
$37.8K $9.37/SF
Area
Cumberland County, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,440
Cap Rate 7%
$539,600
Cap Rate 9%
$419,689
Alternative Uses
Best Use
Mixed Use
$539.6K
$472.2K – $629.5K
NOI $37,772 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$486.6K
$425.8K – $567.7K
NOI $34,064 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$936.8K
$819.7K – $1.09M
NOI $65,579 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 17070, PA
16,359
Population
7,487
Households
2.2
Avg Household Size
43
Median Age
36%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,120
Density / Sq Mi
$91,100
Median Household Income
$52,207
Median Earnings
$1,046
Median Rent
$240,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The layout combines four tenant-occupied residential units with two commercially used units.
Where is this mixed-use property located?
The property is located at 216 4th Street New Cumberland, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Six total units within a mixed‑use property; Four residential units currently occupied by tenants; Two units currently used for commercial purposes
