Two-Bedroom Residential
For Sale
$524,900
207 E ALLEN STREET #7, Philadelphia, PA 19125
A private roof deck and deeded parking add useful amenities to this secure-access residence.
Property Size1,500 SF
Price / SF$349.93
Days on Market11
Property Features for 207 E ALLEN STREET #7
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
1
Property subtype
Apartment
Site & Location
Neighborhood
Kensington
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
1
Amenities
private roof deck
secure-access building
Building Details
Year Built
2019
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Nicholas DeLuca · License #1538673
(215) 208-0228
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 28 at 8:18AM
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 KW Empower
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Investment Insights
Based on property information with market context.
Built in 2019, this bi-level residence offers 1,500 square feet with two bedrooms and two full bathrooms. The main level pairs a custom kitchen with a family room. A private roof deck offers 360-degree views of the Philadelphia skyline and nearby waterfront. The secure-access building includes one deeded parking space.
The property is in Philadelphia’s Fishtown neighborhood, near dining, shopping, entertainment, and public transit. Center City and I-95 North and South are accessible from the area.
The property is in Philadelphia’s Fishtown neighborhood, near dining, shopping, entertainment, and public transit. Center City and I-95 North and South are accessible from the area.
Key Highlights
- 1,500‑square‑foot bi‑level residence built in 2019
- Two bedrooms and two full bathrooms
- Custom kitchen opens to the main‑level family room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,594
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,880
$471.9K
Cap Rate 7%
$337,057
$337.1K
Cap Rate 9%
$262,156
$262.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.5K $30.36/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$42.9K $28.60/SF
− OpEx
−$19.3K −$12.87/SF
NOI
$23.6K $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%
$471,880
Cap Rate 7%
$337,057
Cap Rate 9%
$262,156
Alternative Uses
Best Use
Apartment 5plus
$337.1K
$294.9K – $393.2K
NOI $23,594 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$365.7K
$320.0K – $426.6K
NOI $25,597 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,617
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A private roof deck and deeded parking add useful amenities to this secure-access residence.
Where is this residential income property located?
The property is located at 207 E ALLEN STREET #7 Philadelphia, PA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 1,500‑square‑foot bi‑level residence built in 2019; Two bedrooms and two full bathrooms; Custom kitchen opens to the main‑level family room
