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Financial
Distress signals
Property profile

18-22 6th St Allentown, PA 18101

OFF-MARKET
Turn key restaurants
Property ID
US73-1055300
17,420 SF 0.09 ac lot Built 2010
Last sale Feb 2008 · $204,776
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a six-level commercial structure located in downtown Allentown, Pennsylvania. The total building area is 21,318 square feet and it includes a glass rooftop bar. The building has a history of restaurant use, having previously been occupied by The Cosmopolitan and later Hook Seafood Restaurant. The space is configured to support uses such as a restaurant, event venue, catering facility, or conference center, and it may also be adaptable for other higher-end concepts such as a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$83k
Tax billed · 2024
Assessed value$2.66M
Assessed land$61k
Assessed improvement$2.60M
Effective rate3.13%

Value estimate

· Oct 2026
$2.31M
$2.08M – $2.54M
AI approach$2.47M
Submarket $/SF estimate$1.97M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$194/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$82 – $269

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
The district promotes residential density and building intensity, and encourages a wide variety of retail, office, service, residential, ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic10.1
Carpet & Flooring Store9.9
Bakery9.6

Location

18-22 6th St Allentown, PA 18101
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
804 Hamilton, Allentown, PA 18101-2412 $850,000 Feb 2026 10,872 SF
808-810 Hamilton, Allentown, PA 18101 $630,000 Feb 2026 22,400 SF
1125-1127 Hamilton, Allentown, PA 18101 $685,000 Apr 2023 9,712 SF
929 Hamilton, Allentown, PA 18101-1129 $750,000 Feb 2023 9,681 SF
333 Hamilton, Allentown, PA 18101-1828 $700,000 Oct 2022 16,968 SF
623-625 Hamilton, Allentown, PA 18101 $385,000 Jul 2022 10,021 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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