306 New StBethlehem, PA 18015

  • Office properties
  • 105,274 SF
For Lease

Property Details for 306 New St

Year built
2018
Lot size
0.44 AC
Property size (Sq ft)
105,274 SF
Zone code
CB
Property type
Office properties
Property subtype
Other office properties
APN
P6SE1A 10 11 0204
APU
P6SE1A10110204

Description

The Gateway at Greenway Park, located at 306 S New St, Bethlehem, PA 18015, offers exceptional executive office space in a prime Central Business District location. This Class A building, constructed in 2018, boasts a total of 127,832 square feet and features multiple suites available for lease. The building's design incorporates abundant natural lighting and provides 24-hour access for ultimate convenience. Currently, there are four spaces available, with a maximum contiguous space of 4,422 square feet. The property is zoned for Central Business District use and is conveniently connected to a 600-car parking garage, ensuring ample parking for tenants and their clients. The building is comprised of six total suites, offering a variety of sizes to accommodate diverse business needs. This mixed-use property in Northampton County presents a unique opportunity for businesses seeking a modern, well-located, and highly accessible office space in the vibrant Southside Bethlehem area. The property's APN is P6SE1A-10-11-0204. This is an excellent opportunity to establish a presence in a thriving business community. Inquire today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,151,694
    6.5%
    $24,140,024
    7%
    $22,415,738
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,847,559
    Geo Method
    $13,755,101
  • Alternative Use

    Use
    Valuation
    Residential
    $29,933,630
    Hospitality
    $27,419,044
    Educational
    $22,812,324
    Medical
    $23,596,874
    Retail
    $35,485,836
306 New St, Bethlehem, Pennsylvania

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6117
Longitude
-75.3789
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$132,541
$97,100
$1,402,400
$1,499,500
-
$194,200
$2,804,800
$2,999,000

FAQs

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