Three-Story Mixed-Use
For Sale
$295,000
1525 W WYOMING Avenue, Philadelphia, PA 19140
Multi-Family, PHILADELPHIA, PA
Property Size1,760 SF
Lot Size0.03 Acres
Price / SF$167.61
Days on Market185
Property Features for 1525 W WYOMING Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room
Parking features
On Street
Interior features
Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Efficiency, Recessed Lighting
Appliances
Built-In Range
Subdivision
NONE AVAILABLE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,760 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1227
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1930
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Giraldo Real Estate Group
(215) 745-0101
Listed By:
Giselle Lozada · License #RS380031
(215) 510-9769
Added: Mar 3
Changed: Sep 2
Last Checked: Sep 4 at 2:06AM
MLS# PAPH2589882
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1525 W Wyoming Avenue in Philadelphia, this three-story mixed-use property combines a commercial restaurant area with two residential apartments. The first floor includes restaurant space with equipment and a built-in range; the upper levels contain a one-bedroom apartment and a two-bedroom apartment. The 1,760-square-foot building was constructed in 1930 with masonry materials and features central heating, central air conditioning, recessed lighting, and traditional floor plans.
The property occupies a 0.0264-acre parcel in Philadelphia County, with on-street parking. Interior details include combination dining and living areas, combination kitchen and dining areas, an efficiency kitchen, and a dining room. The restaurant space is described as zoned and ready for use.
The property occupies a 0.0264-acre parcel in Philadelphia County, with on-street parking. Interior details include combination dining and living areas, combination kitchen and dining areas, an efficiency kitchen, and a dining room. The restaurant space is described as zoned and ready for use.
Key Highlights
- 1,760 SF mixed‑use building on a 0.0264‑acre parcel
- Ground‑floor restaurant space with equipment and built‑in range
- One‑bedroom apartment on the second floor
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
$25,502
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
8.64%
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%
$510,040
$510.0K
Cap Rate 7%
$364,314
$364.3K
Cap Rate 9%
$283,356
$283.4K
Market Conditions
NOI Build-Up for 1,760 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
$37.0K $21.00/SF
− Vacancy
−$3.0K −$1.68/SF
EGI
$34.0K $19.32/SF
− OpEx
−$8.5K −$4.83/SF
NOI
$25.5K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$510,040
Cap Rate 7%
$364,314
Cap Rate 9%
$283,356
Alternative Uses
Best Use
Apartment 5plus
$395.5K
$346.1K – $461.4K
NOI $27,684 @ 7.0% cap · market cap 9.38%
Second Best
Specialty Retail
$364.3K
$318.8K – $425.0K
NOI $25,502 @ 7.0% cap · market cap 8.64%
Theoretical Best
Multifamily LT 5
$429.1K
$375.4K – $500.6K
NOI $30,034 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,308
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 - The ground floor contains a restaurant space, with one- and two-bedroom apartments on the upper floors.
Where is this mixed-use property located?
The property is located at 1525 W WYOMING Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,760 SF mixed‑use building on a 0.0264‑acre parcel; Ground‑floor restaurant space with equipment and built‑in range; One‑bedroom apartment on the second floor
