BETHLEHEM, PA (April 3, 2020) – Despite the challenges of conducting real estate business during the COVID-19 pandemic, Lisa Meszler Lyon of ALT Realty of Bethlehem, Pennsylvania, recently helped Priceless Holdings, LLC, troubleshoot and navigate the purchase of 24 S. 8th Street in Allentown, Pennsylvania. The building, which sold for $1.2 million, has 7 luxury apartments and 1 commercial space for a total of 8,100 square feet.
Priceless Holdings put forth the highest and best offer for the property. Meszler Lyon worked closely with the title company to determine how recording would be impacted by social distancing, and a plan was created for the closing process that kept everyone safe and healthy.
“For the right investors, this market may be a good time to purchase property,” said Meszler Lyon, Commercial Specialist, ALT Realty. “The 24 S. 8th Street property was the buyer’s first investment property purchase. The property was on the market for just days when there was a call for the highest and best offer, and I helped Priceless Holdings with its strong offer. I am proud that amid the current crisis, we were able to close the deal in a timely manner for the client.”
About ALT Realty
ALT Realty is a full-service Real Estate brokerage company designed to accommodate a magnitude of client requirements. ALT Realty offers valuable real estate services and advisement for all aspects of the real estate business. ALT Realty has experience in commercial, office, residential, land development, retail, medical, warehouse, leasing and sales transactions and will assist clients with tenant and landlord representation, site analysis, construction management and development services. Since its inception in 2011, ALT Realty has grown to become one of the premier boutique real estate brokerage companies in the Lehigh Valley and has closed more than $85.5 million in sales and completed leasing transactions of more than $139.9 million in value. ALT Realty clients capitalize on long-standing relationships and market knowledge of the Lehigh Valley, spanning from developers, retailers, local hospitals and other medical service providers, engineers, architects, attorneys and other brokers. Learn more at: https://alt-realty.net/.