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Investment Highlights
- demand market. The Lehigh Valley is recognized as one of the fastest-growing markets in the Northeast, strategically positioned between New York City
- Prime Easton Location: Walkable downtown riverfront setting with easy access to remarkable dining options, entertainment, and convenience to local emp
- Diversified Income Streams: Residential and commercial tenants, including spa, bakery café, fitness studio, and rooftop restaurant, provide stable ca
- Luxury Residential Living: Each apartment is thoughtfully designed with modern finishes, open layouts, and sweeping views
- Strong Market Fundamentals: Revitalized downtown, growing population, and diverse employment base drive sustained rental demand
Executive Summary
Global Real Estate Advisors (GREA) is pleased to present qualified investors with the opportunity to acquire the fee simple interest in The Commodore, located at 100 Northampton Street in Easton, Pennsylvania. Designed with a lifestyle-forward focus, The Commodore stands alone as the Lehigh Valley’s premier boutique apartment community, a one-of-a-kind residential experience; there is nothing comparable in the market. Set directly along the Delaware River, the property combines scenic water views with immediate walkability to downtown Easton’s dining, retail, entertainment, and daily conveniences. Its prime riverfront setting and central location make it one of the most desirable places to live in the region.
Downtown Easton has emerged as one of the region’s most highly sought-after, walkable neighborhoods, known for its thriving restaurant scene. Approximately 900 residential units are currently under development in Easton. Recently delivered projects have achieved rapid lease up, showcasing the sustained demand for high-quality, lifestyle-oriented rental housing.
The Commodore is a boutique, modern luxury mixed-use community built to a standard rarely seen in the multifamily market. The property was constructed with a full red iron structural steel frame and extra-thick concrete slabs, delivering superior soundproofing throughout. The Commodore offers 38 thoughtfully designed residences alongside 5 lifestyle-driven commercial spaces in a prime, scenic location. The property features a well-balanced mix of one-, two-, two-bedroom plus study, and loft-style residences. The property features a diverse unit mix, including 12 one-bedroom apartments (32%), 5 two-bedroom, one-bath units (13%), 14 two-bedroom, two-bath units (37%), 1 two-bedroom, two-bath plus study unit (3%), and 6 loft-style units (16%). Each residence features spacious, light-filled interiors with soaring ceilings, expansive windows, European oak hardwood floors, and contemporary kitchens with premium finishes. Designed for comfort and modern living, the apartments offer flexible layouts, in-unit laundry, and stylish details that appeal to renters seeking a vibrant, convenient, and sophisticated Easton lifestyle.
The property also includes five commercial units totaling 19,049 square feet, home to a curated mix of dining, fitness, and lifestyle tenants that create a full live-work-play experience for residents while enhancing the building’s overall appeal and sense of community. The commercial component features a full-service spa, an artisan bakery and café, a premier boxing and performance fitness studio, and a high-end rooftop restaurant with sweeping views of downtown Easton and the waterfront. This thoughtfully curated tenancy turns the property into a must-visit destination, offering an unmatched mix of experiences that draw both residents and visitors day and night.
As a lifestyle-driven, riverfront asset in one of the fastest-growing and most dynamic markets in the Northeast, The Commodore represents a special opportunity to acquire a high-quality, modern mixed-use community with stable, diversified income. Its thoughtfully designed residences, carefully selected commercial tenants, and central location within Easton’s vibrant, walkable downtown position the property to be a highly desirable hub in Easton, delivering strong appeal for residents, businesses, and long-term economic growth. With continued population growth, strong employment fundamentals, and sustained demand for premier rental housing, The Commodore provides investors with cash flow and long-term appreciation in a proven, high-demand market.
The Lehigh Valley is recognized as one of the fastest-growing markets in the Northeast, strategically positioned between New York City and Philadelphia. Easton sits at the eastern edge of the Lehigh Valley, benefiting from immediate access to Routes 22, 33, and Interstate 78, providing direct connectivity to Allentown, Bethlehem, western New Jersey, and the greater New York metropolitan area.
Downtown Easton has emerged as one of the region’s most highly sought-after, walkable neighborhoods, known for its thriving restaurant scene. Approximately 900 residential units are currently under development in Easton. Recently delivered projects have achieved rapid lease up, showcasing the sustained demand for high-quality, lifestyle-oriented rental housing.
The Commodore is a boutique, modern luxury mixed-use community built to a standard rarely seen in the multifamily market. The property was constructed with a full red iron structural steel frame and extra-thick concrete slabs, delivering superior soundproofing throughout. The Commodore offers 38 thoughtfully designed residences alongside 5 lifestyle-driven commercial spaces in a prime, scenic location. The property features a well-balanced mix of one-, two-, two-bedroom plus study, and loft-style residences. The property features a diverse unit mix, including 12 one-bedroom apartments (32%), 5 two-bedroom, one-bath units (13%), 14 two-bedroom, two-bath units (37%), 1 two-bedroom, two-bath plus study unit (3%), and 6 loft-style units (16%). Each residence features spacious, light-filled interiors with soaring ceilings, expansive windows, European oak hardwood floors, and contemporary kitchens with premium finishes. Designed for comfort and modern living, the apartments offer flexible layouts, in-unit laundry, and stylish details that appeal to renters seeking a vibrant, convenient, and sophisticated Easton lifestyle.
The property also includes five commercial units totaling 19,049 square feet, home to a curated mix of dining, fitness, and lifestyle tenants that create a full live-work-play experience for residents while enhancing the building’s overall appeal and sense of community. The commercial component features a full-service spa, an artisan bakery and café, a premier boxing and performance fitness studio, and a high-end rooftop restaurant with sweeping views of downtown Easton and the waterfront. This thoughtfully curated tenancy turns the property into a must-visit destination, offering an unmatched mix of experiences that draw both residents and visitors day and night.
As a lifestyle-driven, riverfront asset in one of the fastest-growing and most dynamic markets in the Northeast, The Commodore represents a special opportunity to acquire a high-quality, modern mixed-use community with stable, diversified income. Its thoughtfully designed residences, carefully selected commercial tenants, and central location within Easton’s vibrant, walkable downtown position the property to be a highly desirable hub in Easton, delivering strong appeal for residents, businesses, and long-term economic growth. With continued population growth, strong employment fundamentals, and sustained demand for premier rental housing, The Commodore provides investors with cash flow and long-term appreciation in a proven, high-demand market.
The Lehigh Valley is recognized as one of the fastest-growing markets in the Northeast, strategically positioned between New York City and Philadelphia. Easton sits at the eastern edge of the Lehigh Valley, benefiting from immediate access to Routes 22, 33, and Interstate 78, providing direct connectivity to Allentown, Bethlehem, western New Jersey, and the greater New York metropolitan area.
Property Facts
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 5% | Building Size | 91,500 SF |
| No. Units | 43 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | BRT | ||
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 91,500 SF |
| Average Occupancy | 80% |
| No. Stories | 7 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
| Zoning | BRT |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Storage Space
- Heating
- Vinyl Flooring
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Recycling
- Elevator
- Maintenance on site
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,669,996 CAD | |
| Land Assessment | $51,704 CAD | Total Assessment | $1,721,700 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$51,704 CAD
Improvements Assessment
$1,669,996 CAD
Total Assessment
$1,721,700 CAD
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The Commodore | 100 Northampton St
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