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Two-Bedroom Residential Unit
New
For Sale
$525,000

200 LOCUST STREET Unit 10AN, Philadelphia, PA 19106

Parquet floors, oversized windows, and an open living area define this bright corner home.

Property Size1,131 SF
Days on Market5

Property Features for 200 LOCUST STREET Unit 10AN

General Information

Standard status Active
Size 1,131 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Center City

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $6,019

Amenities

24-hour doorman
outdoor seasonal pool
fitness room
storage lockers
underground parking
on-site Philly Car Share
coin operated laundry room
shopping plaza

Building Details

Building Size 1,131 SF
Year Built 1963
Abandoned No
Listing Agency: Allan Domb Real Estate
Listed By: Allan Domb · License #RB043135A
Source: Patmckennarealtors
Added: Oct 28 Changed: Oct 31 Last Checked: Oct 31 at 3:24AM

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 Allan Domb Real Estate

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Investment Insights

Based on property information with market context.

This corner unit at Society Hill Towers has two bedrooms, one bathroom, and an open floorplan. Floor-to-ceiling windows bring natural light into the great room and both bedrooms, with southern and sunset views toward Center City. The kitchen has ample cabinetry and counter space, along with a dishwasher and oven. Parquet wood flooring extends throughout, and a deep coat closet sits in the entry foyer. The building was constructed in 1963.

Residents have access to a 24-hour doorman, a seasonal outdoor pool, a fitness room, storage lockers, and an underground garage; pool, fitness, storage, and garage access are available for an additional fee. Building amenities also include a basement coin-operated laundry room, an on-site car-share service, and a shopping plaza with a market, dry cleaner, and Zahav restaurant. All utilities are included for residents.

Key Highlights

  • Two bedrooms and one bathroom in a corner unit
  • Floor‑to‑ceiling windows with southern and Center City sunset views
  • Open great room and kitchen with dishwasher and oven

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,790
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,800 $355.8K
Cap Rate 7%
$254,143 $254.1K
Cap Rate 9%
$197,667 $197.7K
Market Conditions
NOI Build-Up for 1,131 SF
Gross rent
$34.3K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.3K $28.60/SF
− OpEx
−$14.6K −$12.87/SF
NOI
$17.8K $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 Rate 5%
$355,800
Cap Rate 7%
$254,143
Cap Rate 9%
$197,667

Alternative Uses

Best Use
Apartment 5plus
$254.1K
$222.4K – $296.5K (±1% cap)
NOI $17,790 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$275.7K
$241.3K – $321.7K (±1% cap)
NOI $19,300 @ 7.0% cap · market cap 3.68%
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
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,814
Businesses Nearby

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Parquet floors, oversized windows, and an open living area define this bright corner home.
Where is this residential income property located?
The property is located at 200 LOCUST STREET Unit 10AN Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom in a corner unit; Floor‑to‑ceiling windows with southern and Center City sunset views; Open great room and kitchen with dishwasher and oven
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