1217 North 29th Street Philadelphia, PA 19121
Move-in ready building in a revitalizing Philadelphia corridor.
Property Features for 1217 North 29th Street
General Information
- Standard status
- Active
- Size
- 2,064 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing office KW Philly (215) 431-5431
Listing date Oct 31, 2025
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 KW Philly
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Brewerytown location near Girard Avenue
- Excellent conversion potential into two separate units
- Flexible space suitable for lease or purchase
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 | $45.3k | $21.96 |
| − Vacancy | −$9.1k | −$4.41 |
| EGI | $36.2k | $17.55 |
| − OpEx | −$9.1k | −$4.39 |
| NOI | $27.2k | $13.16 |
