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19 11th St
Allentown, PA 18101 City Center

$1,495,000 USD

Land For Sale  •  0.19 AC

Property Details

  • Property Type Land
  • Lot Size 0.19 AC
  • Zoning B-2-Central Business
40 Transit Score
100 Walk Score

Description

A rare opportunity to acquire a fully approved multifamily development opportunity located at the corner of Hamilton Street and North 11th Street in Center City Allentown. The project consists of 43 residential units and 1 ground-floor commercial space, designed as a five-story, highly efficient building featuring a double-loaded corridor layout and modern urban façade. The project is currently in final resolution compliance and should be finalized in the next 60 days, offering a near shovel-ready opportunity with minimal remaining pre-development scope. The unit mix is optimized for rental demand, with a strong concentration of efficiently sized one-bedroom units complemented by two-bedroom layouts for additional revenue potential. The property is being sold with partial Architectural plans the buyer would have to finalize structural and MEPs based on the design of their choosing. Parking for this building is secured across the street at 1128 W. Hamilton for a total of 30 spots and will be rented at a lower rate than Allentown Parking Authority. Located in the heart of Center City Allentown, the Property is positioned within one of the most actively transforming urban cores in Pennsylvania. The site benefits from immediate proximity to the PPL Center, a major regional entertainment venue that has catalyzed billions of dollars in public and private investment throughout the surrounding downtown corridor. Additionally, the Property is located near Archer Music Hall and the new Moxy Hotel further enhancing the neighborhood’s appeal as a growing entertainment and lifestyle destination. Plans available by request.

Highlights

Approved Development Site
Walking Distance to Allentown attractions PPL Center, Roxy Hotel, Archer Music Hall, DiVinci Science Center
Ready to build in the heart of Downtown Allentowns Redevelopment Corridor

Property Flyers

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 12 min - 6.5 mi
Andrew Ginsburg 610-349-6644 Berkshire Hathaway HomeService Regency Real Estate
Andrew Ginsburg 610-349-6644 Berkshire Hathaway HomeService Regency Real Estate