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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Office Spaces
60 Broad St Bethlehem, PA 18018-5737
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US73-5433004
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1983
Total area
53,072 SF
Lot
0.42 ac (18,408 SF)
Zoning code
CB
APN
P6NE1D 6 5 0204
UPID
US73-5433004
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
lvbch Hospital
-
REACT Creative Marketing Marketing & Advertising Advertising Agency
-
Paul A. Florenz at Kolb, Vasiliadis & Florenz, LLC Law Firm
-
Beautiful Windows By Liv (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.84M
Blend (final)
Blend
$5.32M
Owner & transaction history
Posh Properties #32 · 12 yrs held
Posh Properties #32
since 2014
Last sale
$5.1M
2 recorded transactions
Zoning & alternative use
CB · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.5M
+7.8%
Medical building
$8.1M
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,890,000
Current use
RETAIL STORES
$8,500,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$8,105,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,280,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,430,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±10% · vs last sale $5.10M (Jul 22 2025)
Last sale anchor
$5.10M
Jul 22 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$111,698
Tax year 2024
Assessed value
$1,263,700
Assessed 2024
Previous assessed
$1,263,700
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$228,300
Assessed improvement
$1,035,400
Land market value
$456,600
Improvement market value
$2,070,800
Total market value
$2,527,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1983
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
53,072 SF
Lot
0.42 ac (18,408 SF)
Zoning code
CB
APN
P6NE1D 6 5 0204
UPID
US73-5433004
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CB · Bethlehem, PA
Zoning CB · permitted uses
CB · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.9M
RETAIL STORES
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$8.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$6.4M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Posh Properties #32
Entity
Mailing address
2216 WILLOW PARK RD, BETHLEHEM, PA 18020-4250
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2014
$6,700,000
Posh Properties #32
Dtc 60 W Broad LLC
Deed
$5,150,000 · Lafayette Ambassador Bank
Nov 4, 2008
$4,791,750
Dtc 60 W Broad LLC
60 West Broad Street Realty
Grant Deed
$3,813,000 · American Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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