Historic Two-Story Mixed-Use
For Sale
$1,500,000
1805-07 E York St, Philadelphia, PA 19125
CMX-2 zoning supports neighborhood commercial, office, creative, residential, and other mixed-use concepts.
Property Size8,274 SF
Lot Size0.21 Acres
Price / SF$181.29
Days on Market47
Property Features for 1805-07 E York St
General Information
Standard status
Active
Size
8,274 SF
Lot size
0.21 Acres
Property subtype
Urban-High Street
Zoning
CMX-2
Site & Location
Neighborhood
Kensington
Amenities
More than 600 new residential units delivered between 2022 and 2026 in the York-Dauphin market. Creating new demand for retail/office/restaurant and continued mixed-use development in the area.
25-foot ceilings on 2nd floor. Historical Building. Tax credits can be utilized with this property.
York-Dauphin Station across the street. 10 minute train ride to City Hall/Center City Station.
Growing sub-market of Philadelphia. Fishtown/East Kensington continues to grow with a young workforce population.
422,507 live within a 3-mile radius of this property. Temple University Hospital 0.5 miles away.
Building Details
Building Size
8,274 SF
Year Built
1875
Buildings
1
Stories
2
Construction
masonry
Listing Agency:
Philadelphia Office
Listed By:
Tom Wiggins · License #License(s): PA: RS377342
(215) 531-7072
Source:
Marcusmillichap
Added: Sep 16
Changed: Oct 25
Last Checked: Nov 1 at 2:21AM
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 Philadelphia Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1875, this vacant two-story masonry property contains approximately 8,274 square feet on an approximately 9,200-square-foot lot. The building retains distinctive historic architectural character and includes approximately 25-foot ceiling heights on the second floor, providing adaptable interior volume for a range of commercial or mixed-use configurations.
Located at 1805-07 E York St in Philadelphia, the property has immediate access to the York-Dauphin Market-Frankford Line station and sits within the Fishtown/East Kensington area. CMX-2 zoning supports neighborhood commercial and mixed-use concepts, including retail, restaurant, office, creative, and residential uses. Based on the stated lot-area requirement, the property may support up to 19 residential units, subject to ground-floor commercial requirements and required zoning, historic, structural, building-code, and governmental approvals.
Located at 1805-07 E York St in Philadelphia, the property has immediate access to the York-Dauphin Market-Frankford Line station and sits within the Fishtown/East Kensington area. CMX-2 zoning supports neighborhood commercial and mixed-use concepts, including retail, restaurant, office, creative, and residential uses. Based on the stated lot-area requirement, the property may support up to 19 residential units, subject to ground-floor commercial requirements and required zoning, historic, structural, building-code, and governmental approvals.
Key Highlights
- Approximately 8,274 square feet in a two‑story masonry building
- Approximately 9,200‑square‑foot CMX‑2‑zoned lot
- Originally constructed in 1875
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,882
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,177,640
$2.2M
Cap Rate 7%
$1,555,457
$1.6M
Cap Rate 9%
$1,209,800
$1.2M
Market Conditions
NOI Build-Up for 8,274 SF
Gross rent
$181.7K $21.96/SF
− Vacancy
−$36.5K −$4.41/SF
EGI
$145.2K $17.55/SF
− OpEx
−$36.3K −$4.39/SF
NOI
$108.9K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,177,640
Cap Rate 7%
$1,555,457
Cap Rate 9%
$1,209,800
Alternative Uses
Best Use
Office B
$1.56M
$1.36M – $1.81M
NOI $108,882 @ 7.0% cap · market cap 7.26%
Second Best
Mixed Use
$1.40M
$1.23M – $1.64M
NOI $98,295 @ 7.0% cap · market cap 6.55%
Theoretical Best
Multifamily LT 5
$2.02M
$1.76M – $2.35M
NOI $141,195 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,554
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX-2 zoning supports neighborhood commercial, office, creative, residential, and other mixed-use concepts.
Where is this mixed-use property located?
The property is located at 1805-07 E York St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 8,274 square feet in a two‑story masonry building; Approximately 9,200‑square‑foot CMX‑2‑zoned lot; Originally constructed in 1875
