Medical Center For
2062 N 2nd Street Philadelphia, PA 19122
For Sale
$850,000
Medical center property offered for sale in Philadelphia, PA, suitable for healthcare use.
Property Size4,426 SF
Price / SF$192.05
Days on Market288
Property Features for 2062 N 2nd Street
General Information
- Standard status
- Active
- Size
- 4,426 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2021
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Nadia Bilynsky · License #RS311101
(215) 413-4900
Source:
Xome
Added: Oct 10, 2025
Changed: Jul 23
Last Checked: Jul 23 at 1:51PM
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 Mallin Panchelli Nadel Realty Inc
Investment Insights
Based on property information with market context.
This medical center/healthcare property is offered for sale as a commercial real estate asset in Philadelphia, PA. The property is listed with a total size of 4,426 square feet.
Located at 2062 N 2nd Street, the asset’s configuration supports healthcare-focused occupancy, aligning with its medical center classification.
While additional interior details and building specifications aren’t provided here, the offering is clearly positioned as a dedicated healthcare property for buyers seeking an owned medical center in Philadelphia.
Located at 2062 N 2nd Street, the asset’s configuration supports healthcare-focused occupancy, aligning with its medical center classification.
While additional interior details and building specifications aren’t provided here, the offering is clearly positioned as a dedicated healthcare property for buyers seeking an owned medical center in Philadelphia.
Key Highlights
- Medical center property in Philadelphia, PA, suitable for healthcare use
- Built in 2021
- Central air cooling
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.2k | $24.00 |
| − Vacancy | −$10.6k | −$2.40 |
| EGI | $95.6k | $21.60 |
| − OpEx | −$38.2k | −$8.64 |
| NOI | $57.4k | $12.96 |
4,426 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$819.4K
$717.0K – $956.0K
NOI $57,361 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.08M
$944.1K – $1.26M
NOI $75,529 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
FAQs
What type of property is this?
Medical center - Medical center property offered for sale in Philadelphia, PA, suitable for healthcare use.
Where is this medical center located?
The property is located at 2062 N 2nd Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Medical center property in Philadelphia, PA, suitable for healthcare use; Built in 2021; Central air cooling
