136-38 N 2ND STREET, Philadelphia, PA 19106
- Added:
- Jan 12, 2026
- Days on Market:
- 154
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 136-38 N 2ND STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,145 SF
Taxes and HOA fees
- Tax Annual Amount
- 1260
Utilities
- Heating system
- Space Heater
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1900
- Number of units
- 25
- Flooring type
- Concrete
- Architectural style
- Other
Listing agent Gregory J. Damis (484) 324-8326
Listing office BHHS Fox & Roach Center City-Society Hill 530 Walnut Street, Suite 480, PA (215) 627-6005
Listing date Jan 12, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Old City location with a Walk Score of 95, ensuring high visibility and accessibility for customers.
- Unique architectural features including vaulted brick ceilings, exposed brick, and eye‑catching arches.
- Modern, aesthetically pleasing space with fresh paint, finished walls and flooring, and bright lighting.
- Functional kitchenette with stainless steel refrigerator, basin and counters, and ample cabinet space.
- Low monthly condo fees of $255 and reasonable taxes.
- Versatile space suitable for various business types, including artist studios, salons, offices, or storage.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $21.96 |
| − Vacancy | −$5.1k | −$4.41 |
| EGI | $20.1k | $17.55 |
| − OpEx | −$5.0k | −$4.39 |
| NOI | $15.1k | $13.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14324
- Latitude
- 39.95307