1001 South Carey Street Baltimore, MD 21223
Highly visible mixed-use property with rooftop deck and modern apartments.
- Added:
- May 16, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 5 at 1:35 pm
Property Features for 1001 South Carey Street
General Information
- Standard status
- Active
- Size
- 1,848 SF
- Property subtype
- Residential / Fee Simple
Building Details
- Year Built
- 1898
Listing office EXP Realty, LLC (443) 375-6505
Listing date May 16, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Pigtown location with high visibility and flexible zoning for mixed‑use (live/work).
- Spectacular rooftop deck with panoramic views of downtown Baltimore and the B&O Railroad.
- Two modern apartment units with spacious layouts and contemporary finishes.
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 | $41.0k | $22.20 |
| − Vacancy | −$6.8k | −$3.66 |
| EGI | $34.3k | $18.54 |
| − OpEx | −$8.6k | −$4.63 |
| NOI | $25.7k | $13.90 |
