Mixed-Use Corner Building with
1400-14 S Darien Street Philadelphia, PA 19147
1400-14 S Darien Street, Philadelphia, PA, 19147
$4,250,000
For Sale
$4,250,000
Seven renovated apartments plus five commercial tenants occupy 10 retail spaces, supported by recent roof replacements.
Property Size20,531 SF
Price / SF$207
Days on Market47
Property Features for 1400-14 S Darien Street
General Information
- Standard status
- Active
- Size
- 20,531 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1940
Listing agency
SDG Management, LLC
(267) 446-9133
Listed by
Shawn Witter
(267) 446-9133
Source
Xome
Added: Jun 7 Updated: Jul 21 at 5:07AM Checked: Jul 22 at 3:46AM
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 SDG Management, LLC
Investment Insights
Based on property information with market context.
1400–1414 S Darien Street is a mixed-use building on a prominent hard-corner parcel, offering seven renovated residential apartments and five commercial tenants across 10 commercial spaces. Residential units were comprehensively renovated in 2016, with updated kitchens, baths, HVAC systems, plumbing, electrical, windows, and in-unit laundry. Capital improvements include a new rear roof installed in 2025 with a 20-year warranty and a front roof recoat completed in 2026.
The commercial component is anchored by established local operator Foreign Fix Auto Center, and the property is currently supported by in-place income with gross potential income exceeding $339,000 annually and an in-place NOI of approximately $247,000. Walk Score is 96 and Transit Score is 90. The property is located about three blocks from the Italian Market and is approximately 12 minutes to Center City.
The commercial component is anchored by established local operator Foreign Fix Auto Center, and the property is currently supported by in-place income with gross potential income exceeding $339,000 annually and an in-place NOI of approximately $247,000. Walk Score is 96 and Transit Score is 90. The property is located about three blocks from the Italian Market and is approximately 12 minutes to Center City.
Key Highlights
- 25,400 SF mixed‑use building on a 20,534 SF hard‑corner lot in Philadelphia’s East Passyunk Corridor
- Tenant mix includes 7 residential apartments and 5 commercial tenants occupying 10 commercial spaces
- In‑place NOI is approximately $247,132 with gross potential income of approximately $339,600 annually
Local Financial Insights For Apartment 5plus
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 | $623.3k | $30.36 |
| − Vacancy | −$36.2k | −$1.76 |
| EGI | $587.2k | $28.60 |
| − OpEx | −$264.2k | −$12.87 |
| NOI | $322.9k | $15.73 |
20,531 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.61M
$4.04M – $5.38M
NOI $322,943 @ 7.0% cap · market cap 7.60%
Second Best
Mixed Use
$3.48M
$3.05M – $4.07M
NOI $243,908 @ 7.0% cap · market cap 5.74%
Theoretical Best
Multifamily LT 5
$5.01M
$4.38M – $5.84M
NOI $350,359 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Seven renovated apartments plus five commercial tenants occupy 10 retail spaces, supported by recent roof replacements.
Where is this apartment building located?
The property is located at 1400-14 S Darien Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 25,400 SF mixed‑use building on a 20,534 SF hard‑corner lot in Philadelphia’s East Passyunk Corridor; Tenant mix includes 7 residential apartments and 5 commercial tenants occupying 10 commercial spaces; In‑place NOI is approximately $247,132 with gross potential income of approximately $339,600 annually
