Multi-Office Building with
2204 Northampton St Easton, PA 18042
For Sale
$249,999
Office building featuring a lobby, multiple private offices, and off-street parking in the rear, plus attic storage space.
Property Size1,946 SF
Price / SF$128.47
Days on Market83
Property Features for 2204 Northampton St
General Information
- Standard status
- Active
- Size
- 1,946 SF
Listing Agency:
Light House Realty LV LLC
(484) 553-4779
Listed By:
Christine A. Stefchak
(484) 553-4779
Source:
Exprealty
Added: May 5
Changed: Jul 25
Last Checked: Jul 25 at 8:16AM
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 Light House Realty LV LLC
Investment Insights
Based on property information with market context.
This office building offers a functional layout for professional uses. The first floor includes a tile-floored lobby, a reception office with existing plexiglass, two additional private offices, and a convenient half bathroom. Upstairs, there are three more office spaces along with an additional half bath, plus access to a partially finished attic that can be used for storage or flexible space needs.
The property provides off-street parking in the rear and ample street parking in front. It is described as located directly across from Meuser Park in Wilson Borough, with surrounding new development and local destinations.
The building is delivered with a clear Certificate of Occupancy from Wilson Borough.
The property provides off-street parking in the rear and ample street parking in front. It is described as located directly across from Meuser Park in Wilson Borough, with surrounding new development and local destinations.
The building is delivered with a clear Certificate of Occupancy from Wilson Borough.
Key Highlights
- Office building directly across from Meuser Park in Wilson Borough, with surrounding nearby destinations and new development
- First floor includes a tiled lobby, reception office with existing plexiglass, two private offices, and a half bathroom
- Second floor offers three additional office spaces, an additional half bath, and attic access
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 | $29.2k | $15.00 |
| − Vacancy | −$2.3k | −$1.17 |
| EGI | $26.9k | $13.83 |
| − OpEx | −$6.7k | −$3.46 |
| NOI | $20.2k | $10.37 |
1,946 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$288.4K
$252.3K – $336.4K
NOI $20,185 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.1K
$323.0K – $430.6K
NOI $25,837 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office building featuring a lobby, multiple private offices, and off-street parking in the rear, plus attic storage space.
Where is this office building located?
The property is located at 2204 Northampton St Easton, PA.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Office building directly across from Meuser Park in Wilson Borough, with surrounding nearby destinations and new development; First floor includes a tiled lobby, reception office with existing plexiglass, two private offices, and a half bathroom; Second floor offers three additional office spaces, an additional half bath, and attic access
