Mixed-Use Retail and Apartment
425 429 Northampton Street Easton, PA 18042
For Sale
$1,450,000
COMMERCIAL - Easton, PA
Property Size8,382 SF
Price / SF$172.99
Days on Market850
Property Features for 425 429 Northampton Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
BRI
Parking
8
Security features
Security
Standard status
Active
APN
L9SE2A 9 9 0310
Size
8,382 SF
Taxes and HOA fees
Tax Annual Amount
11619
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Cooling system
Wall Unit(s), Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1900
Building materials
Brick, Masonry
Listing Agency:
CENTURY 21 Keim Realtors
(610) 395-0393
Listed By:
Annmarie Baker
(877) 208-4158
Added: Apr 1, 2024
Changed: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# 735423
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 four-story mixed-use building contains two separate first-level businesses and three residential apartments. The ground floor is configured for a restaurant and a grocery store, and the property is described as being fully equipped with furniture, kitchen appliances, and equipment. The upper floors provide three spacious 3-bedroom apartment units.
Located in downtown Easton, the building offers convenient access to Route 22 and I-78. The property is zoned BRI.
The asset presents an income-producing setup combining street-level commercial operations with apartment units in a single structure, totaling approximately 8,300 square feet based on the information provided.
Located in downtown Easton, the building offers convenient access to Route 22 and I-78. The property is zoned BRI.
The asset presents an income-producing setup combining street-level commercial operations with apartment units in a single structure, totaling approximately 8,300 square feet based on the information provided.
Key Highlights
- Approximately 8,320 SF, 4‑story building in downtown Easton.
- Income‑producing setup: 2 separate first‑level businesses (restaurant and grocery store).
- Includes 3 spacious 3‑bedroom apartments.
Financial Insights For Specialty Retail
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 | $125.7k | $15.00 |
| − Vacancy | −$9.8k | −$1.17 |
| EGI | $115.9k | $13.83 |
| − OpEx | −$29.0k | −$3.46 |
| NOI | $86.9k | $10.37 |
8,382 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,942 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$927.4K
$811.5K – $1.08M
NOI $64,917 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,286 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Four-story property with separate first-floor restaurant and grocery businesses plus three spacious 3-bedroom apartments.
Where is this triplex located?
The property is located at 425 429 Northampton Street Easton, PA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Approximately 8,320 SF, 4‑story building in downtown Easton.; Income‑producing setup: 2 separate first‑level businesses (restaurant and grocery store).; Includes 3 spacious 3‑bedroom apartments.
