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Apartment Building Investment
For Sale
$3,350,000

1257-59 N Newkirk Street, Philadelphia, PA 19121

For sale multifamily residential income property located at 1257–59 N Newkirk Street in Philadelphia, PA.

Property Size20,513 SF
Price / SF$163.31
Days on Market395

Property Features for 1257-59 N Newkirk Street

General Information

Standard status Active
Size 20,513 SF
Property subtype Commercial
Zoning RM1
Net Operating Income $223,000

Site & Location

Neighborhood South Philadelphia

Taxes and HOA fees

Annual Taxes $2,239

Amenities

Other
Yes
Natural Gas
W70
30.00 x 50.00
No
On Street
0.00
160000.00
Assessor

Building Details

Year Built 2017
Listing Agency: High Associates Ltd.
Listed By: Brittany Moody
Source: Thetristaterealestategroup
Added: Oct 1, 2025 Changed: Oct 29 Last Checked: Oct 28 at 6:13AM

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 High Associates Ltd.

Rey
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Investment Insights

Based on property information with market context.

This is a for-sale apartment building and multifamily residential income property. The offering is categorized as an apartment building/other apartment buildings, with the property types listed as multifamily properties and residential income properties.

The building is located at 1257–59 N Newkirk Street in Philadelphia, Pennsylvania. This is a suitable acquisition opportunity for investors or owner-users seeking a residential income asset in the Philadelphia market.

Key Highlights

  • Multifamily income property for sale at 1257–1259 N Newkirk Street, Philadelphia, PA
  • Built in 2017
  • Central air and natural gas heating

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - For sale multifamily residential income property located at 1257–59 N Newkirk Street in Philadelphia, PA.
Where is this apartment building located?
The property is located at 1257-59 N Newkirk Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Multifamily income property for sale at 1257–1259 N Newkirk Street, Philadelphia, PA; Built in 2017; Central air and natural gas heating
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