940 N New Street Bethlehem, PA 18018
SINGLE_FAMILY - Bethlehem City, PA
Property Features for 940 N New Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 12,000 SF
Taxes and HOA fees
- Tax Annual Amount
- 34065
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
Listing agent Ellen V. Benner (610) 867-3900
Listing office Boutique One Properties LLC 2005 City Line Rd., #106, Bethlehem, PA (610) 628-1107
Listing date Dec 11, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Downtown Bethlehem location ideal for professional or medical use
- Recent significant suite and common area upgrades
- Ample parking lot
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 | $126.7k | $10.56 |
| − Vacancy | −$9.9k | −$0.82 |
| EGI | $116.8k | $9.74 |
| − OpEx | −$29.2k | −$2.43 |
| NOI | $87.6k | $7.30 |
