Corner Mixed-Use
For Sale
$400,000
3750 3750-52 Pulaski Ave, Philadelphia, PA 19140
Four occupied units combine ground-floor commercial space with one- and two-bedroom apartments.
Property Size1,548 SF
Lot Size0.09 Acres
Price / SF$258.40
Days on Market25
Property Features for 3750 3750-52 Pulaski Ave
General Information
Standard status
Active
Size
1,548 SF
Lot size
0.09 Acres
Property subtype
Multi-Family
Zoning
RM1
Occupancy
100%
Financials
Gross Income
$44,400
Average Monthly Rent
$850
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Corner Location
Yes
Building Details
Year Built
1930
Buildings
1
Construction
masonry
Tenancy
Multi
Listing Agency:
HomeSmart Realty Advisors
Listed By:
Leah Janine Burnett · License #RS345924
(215) 604-1191
Source:
Upgradebymichaud
Added: Aug 10
Changed: Aug 31
Last Checked: Sep 1 at 9:41PM
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 HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
This 1,548-square-foot mixed-use building contains four units arranged across two levels. The ground floor includes two commercial spaces, while the second floor provides one one-bedroom, one-bath apartment and one two-bedroom, one-bath apartment. All four units are currently occupied. Constructed in 1930, the masonry property is offered in its existing condition.
The building occupies a 3,733-square-foot RM1-zoned corner lot at 3750-52 Pulaski Ave in Philadelphia, Pennsylvania. The parcel measures 44' x 85'. Prospective purchasers should independently confirm zoning compliance, use registration, and any permits or licenses applicable to their intended commercial use. Showings require 48 hours’ notice and submitted proof of funds.
The building occupies a 3,733-square-foot RM1-zoned corner lot at 3750-52 Pulaski Ave in Philadelphia, Pennsylvania. The parcel measures 44' x 85'. Prospective purchasers should independently confirm zoning compliance, use registration, and any permits or licenses applicable to their intended commercial use. Showings require 48 hours’ notice and submitted proof of funds.
Key Highlights
- Four occupied units: two commercial spaces and two residential apartments
- 1,548 SF mixed‑use building constructed in 1930
- 3,733 sf RM1‑zoned corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,349
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$486,980
$487.0K
Cap Rate 7%
$347,843
$347.8K
Cap Rate 9%
$270,544
$270.5K
Market Conditions
NOI Build-Up for 1,548 SF
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.
Gross rent
$47.0K $30.36/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$44.3K $28.60/SF
− OpEx
−$19.9K −$12.87/SF
NOI
$24.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$486,980
Cap Rate 7%
$347,843
Cap Rate 9%
$270,544
Alternative Uses
Best Use
Apartment 5plus
$347.8K
$304.4K – $405.8K
NOI $24,349 @ 7.0% cap · market cap 6.09%
Second Best
Mixed Use
$262.7K
$229.9K – $306.5K
NOI $18,390 @ 7.0% cap · market cap 4.60%
Theoretical Best
Multifamily LT 5
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four occupied units combine ground-floor commercial space with one- and two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 3750 3750-52 Pulaski Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four occupied units: two commercial spaces and two residential apartments; 1,548 SF mixed‑use building constructed in 1930; 3,733 sf RM1‑zoned corner lot
