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Mixed-Use Residential Development Site
For Sale
$3,900,000

79 King Street, Northampton, MA 01060

Approved plans call for a 6-story building with 120 unrestricted apartments and an existing 2,500 SF office building.

Property SizeContact for details
Days on Market114

Property Features for 79 King Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $9,465
Listing Agency: Region Commercial
Listed By: Benjamin Bolotin
Source: Classifiedrealtygroup
Added: Jul 8 Changed: Oct 25 Last Checked: Oct 28 at 5:18AM

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 Region Commercial

Rey
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Investment Insights

Based on property information with market context.

This mixed-use residential development project is ready for construction on a 1.06-acre site. The approved zoning envelope supports a 6-story, 133,263 SF, 70-foot-tall building designed to include 120 unrestricted apartments. The property also includes an existing 2,500 SF office building, which is accounted for in the development concept.

Plans provide for 65 parking spaces, and the project notes there is no minimum parking requirement. The offering states that all civil engineering, landscaping, civil agency, and utility approvals are fully in place, with the project positioned within a vibrant college community’s urban core.

With the approvals and zoning envelope established, the site is set up for an apartment-focused redevelopment that also retains office space as part of the overall mixed-use configuration.

Key Highlights

  • 1.06‑acre site with approved zoning envelope for a 6‑story, 133,263 SF, 70‑foot‑tall building
  • Approved plans include 120 unrestricted apartments
  • Includes an existing 2,500 SF office building

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

2,488
Businesses Nearby

Demographics for 01060, MA

14,461
Population
7,875
Households
1.8
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
10.9 sq mi
ZIP Area
1,327
Density / Sq Mi
$75,077
Median Household Income
$49,151
Median Earnings
$1,460
Median Rent
$427,100
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Approved plans call for a 6-story building with 120 unrestricted apartments and an existing 2,500 SF office building.
Where is this apartment building located?
The property is located at 79 King Street Northampton, MA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1.06‑acre site with approved zoning envelope for a 6‑story, 133,263 SF, 70‑foot‑tall building; Approved plans include 120 unrestricted apartments; Includes an existing 2,500 SF office building
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