A L L E N T O W N
960 - 962 HAMILTON PORTFOLIO RES/COMMERCIAL MIXED APPLICABLE NIZ ZONE ZONING -
B-2 CENTRAL BUSINESS
4 - RESIDENTIAL 2 - COMMERICAL 6 - UNITS TOTAL
C L A S S
1 . 5 M M
B .32 DOWNTOWN ACRES OVER 10,000 SF MIXED SPACE
360 Virtual Tour
Interior/Exterior Photography
Aerial Video
**CLICK HERE FOR PHOTOS** **CLICK HERE FOR VIDEO** **CLICK HERE FOR 360 VIRTUAL TOUR** We’re a full-service cinematic agency, deployed around the Lehigh Valley at a moment’s notice to transform brand and business directives into compelling film work. We’re passionate about taking projects from start to finish, or plugging into any aspect of production as needed for clients of all sizes. We specialize in real estate photography.
484.767.4213 www.360mediapro.com
360mediapros@gmail.com
LOCATED WITHIN NIZ ZONE/OPPORTUNITY ZONE
APPLICABLE NIZ ZONE PLUS OPPORTUNITY ZONE TAX BENEFITS
PAST ALLENTOWN REDEVELOPMENT
REDEVELOPMENT
ZONE
Property Details
KEY LOCATION PROPERTY IS LOCATED WITHIN ALLENTOWN NIZ, WHICH OFFERS VARIOUS STATE AND LOCAL TAX ABATEMENT INCENTIVES FOR BUSINESSES LOCATED WITHIN THE ZONE.
960 & 962 HAMILTON ST. ALLENTOWNN, PA
OFFERED AT $1.5MM
Features and Amenities LONG TERM TENANTS CASH FLOWING OPTIMAL FOR NIZ PROJECT RE-RENT AT MARKET RENTS ICONIC EXTERIOR 1.5 BLOCKS FROM PPL
Natural Light Hard Wood Floors NEWER CARPETING NEWER ROOF WELL MAINTAINED UPDATED FLOORING UPDATED KITCHENS UPDATED PAINT
Property Facts
TWO (2), THREE (3) STORY BUILDINGS BUILT IN 1900S AND RENOVATED .32 ACRES OF DOWNTOWN LAND 6 UNITS TOTAL (4 RES, 2 COMM) CLASS B ASSET OVER 10,000 SF OF MIXED USE SPACE
960 Detail Shots
962 Detail Shots
ADJACENT PROPERTY DEVELOPMENT
THE LEHIGH VALLEY INVESTMENT MARKET AREA BALANCED, DIVERSE & GROWING The Lehigh Valley’s gross domestic product (GDP) reached a record-high $41.2 billion* for 2018, growing by 2.7% from the previous year. *This figure excludes government spending, which adds $3.8 billion for a total of $45 billion.
The private sector input of Lehigh Valley GDP of $41.2 billion is higher than that of the entire states of Wyoming and Vermont, and if the Lehigh Valley were a country, it’s economy would be the 90th largest in the world. MULTI-FACETED ECONOMY Finance, Insurance and Real Estate ($7.6 billion, +4.26% year-over-year) Manufacturing ($7.4 billion, +10.4%) Education, Health Care and Social Assistance ($5.5 billion, +4.63%) Professional Services ($5.2 billion, +2.52%) Retail ($2.4 billion, +1.4%) Transportation and Warehousing ($2.1 billion, 8.8%) Information: $2.1 billion (+10.5%) Construction: $1.8 billion (not reported in 2017) Arts, Entertainment, Accommodation & Food Services: $1.7 billion (no change) *THESE GDP FIGURES DERIVE FROM THE BUREAU OF ECONOMIC ANALYSIS (BEA)
THE NUMBERS
TOP 10
YEAR 2019
#1
Lehigh Valley ranked among the
Lehigh Valley also was rated as the
top 10 markets for homebuyers
number-one market in the country
between the ages of 18 and 35 in
for improved homebuying
the Q3 2019 Generational
affordability in the last 12 months,
Propensity Report.
according to realtor.com’s Q3 2019 Affordability Report.
$41.2B
65TH
“The Lehigh Valley is continuing its
90 minutes west of New York City
largest period of economic growth
and 60 minutes north of
since the early 20th Century,” said
Philadelphia, is the 65th largest
Don Cunningham, President & CEO
metropolitan region in the United
of the Lehigh Valley Economic
States and the best performing
Development
region of its size for economic
Corporation (LVEDC).
development in the Northeastern US for the past three years.
CONTACT
Adekunle Popoola Info@popoolaproperties.com 216-347-6830