Renovated Mixed-Use
For Sale
Contact for pricing
1400-1414 S Darien St, Philadelphia, PA 19147
RSA-5 property combining renovated residential units with multiple commercial spaces near East Passyunk Avenue.
Property Size25,400 SF
Price / SF$155.51
Days on Market126
Property Features for 1400-1414 S Darien St
General Information
Standard status
Active
Size
25,400 SF
Class
B
Property subtype
Mixed Use
Zoning
RSA-5
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$247,132
Additional Details
Gross Income
$339,600
Corner Location
Yes
Multifamily Units
7
Building Details
Year Built
1990
Year Renovated
2016
Stories
3
Units
12
Tenancy
Multi
Listing Agency:
SDG Real Estate
Listed By:
Stephen Stafford · License #PA RM424801
(609) 335-4016
Source:
Crexi
Added: Jun 15
Changed: Oct 3
Last Checked: Oct 16 at 6:28AM
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 Real Estate
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Investment Insights
Based on property information with market context.
This 25,400-square-foot mixed-use property, built in 1990, combines a renovated residential component with commercial space. The residential portion includes 7 units, while the commercial component consists of 10 spaces occupied by 5 commercial tenants. The property is zoned RSA-5.
The asset is located at 1400-1414 S Darien St in Philadelphia, three blocks from the Italian Market and just steps from East Passyunk Avenue. Its corner positioning and proximity to these established destinations place the property within a walkable commercial and residential setting.
The asset is located at 1400-1414 S Darien St in Philadelphia, three blocks from the Italian Market and just steps from East Passyunk Avenue. Its corner positioning and proximity to these established destinations place the property within a walkable commercial and residential setting.
Key Highlights
- 7 renovated residential units
- 10 commercial spaces occupied by 5 commercial tenants
- 25,400‑square‑foot mixed‑use property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$301,752
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,035,040
$6.0M
Cap Rate 7%
$4,310,743
$4.3M
Cap Rate 9%
$3,352,800
$3.4M
Market Conditions
NOI Build-Up for 25,400 SF
Gross rent
$548.6K $21.60/SF
− Vacancy
−$65.8K −$2.59/SF
EGI
$482.8K $19.01/SF
− OpEx
−$181.1K −$7.13/SF
NOI
$301.8K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,035,040
Cap Rate 7%
$4,310,743
Cap Rate 9%
$3,352,800
Alternative Uses
Best Use
Apartment 5plus
$5.71M
$4.99M – $6.66M
NOI $399,530 @ 7.0% cap · market cap 10.11%
Second Best
Mixed Use
$4.31M
$3.77M – $5.03M
NOI $301,752 @ 7.0% cap · market cap 7.64%
Theoretical Best
Multifamily LT 5
$6.19M
$5.42M – $7.22M
NOI $433,448 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
4,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - RSA-5 property combining renovated residential units with multiple commercial spaces near East Passyunk Avenue.
Where is this mixed-use property located?
The property is located at 1400-1414 S Darien St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 7 renovated residential units; 10 commercial spaces occupied by 5 commercial tenants; 25,400‑square‑foot mixed‑use property
