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Property profile & analytics
OFF-MARKET
Bars & Pubs
2057 Somerset St Philadelphia, PA 19132-2640
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1046562
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,720 SF
Lot
0.03 ac (1,232 SF)
Zoning code
CMX1
APN
88-2-0051-80
UPID
US73-1046562
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Good As New Ventures LLC · 4 yrs held
Good As New Ventures LLC
since 2022
5 recorded transactions
Zoning & alternative use
CMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,331
Tax year 2023
Assessed value
$95,100
Assessed 2023
Previous assessed
$95,100
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$19,013
Assessed improvement
$76,087
Land market value
$19,013
Improvement market value
$76,087
Total market value
$95,100
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
3
Rooms
6
Bathrooms
2
Total area
2,720 SF
Lot
0.03 ac (1,232 SF)
Zoning code
CMX1
APN
88-2-0051-80
UPID
US73-1046562
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX1 · Philadelphia, PA
Zoning CMX1 · permitted uses
CMX1 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
3
Rooms
6
Bathrooms
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Good As New Ventures LLC
Entity
Mailing address
95 HIGHLAND AVE STE #300, BETHLEHEM, PA 18017-9452
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2022
—
Good As New Ventures LLC
H2h Investments LLC
Deed
—
Jan 2, 2019
$340,000
H2h Investments LLC
Angels Above Housings INC
Deed
$461,663 · Dlp Lending Fund LLC
Jul 21, 2014
$120,000
Angels Above Housing INC
Bwbd INC
Grant Deed
$25,000 · Bwbd INC
Jan 7, 2008
$50,000
Bwbd INC
B & L Jack INC
Grant Deed
$94,500 · Girard Fin
Jan 16, 2007
$25,000
B & L Jack INC
Bosket INC
Grant Deed
$94,500 · Girard Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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