Mixed-Use Property for
For Sale
$1,200,000
252224 W Huntingdon Street, Philadelphia, PA 19132
Substantial mixed-use building offers about 7,200 sq ft and sits on a residential-commercial zoned parcel.
Property Size7,200 SF
Lot Size0.08 Acres
Price / SF$166.67
Days on Market271
Property Features for 252224 W Huntingdon Street
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.08 Acres
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
2012
Listing Agency:
New Republic Realty
Listed By:
Keave Andrew Slomine · License #RM426275
(610) 314-1816
Source:
Deepcreeklake
Added: Dec 17, 2025
Changed: Sep 13
Last Checked: Sep 14 at 8:27AM
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 New Republic Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial property at 2522–24 W Huntingdon Street offers approximately 7,200 square feet of building area on a parcel described as residential-commercial. The structure was originally built around 2012 and sits on a lot of roughly 3,600 square feet, supporting a range of potential redevelopment or adaptive reuse plans depending on approvals.
The property is positioned in the Strawberry Mansion section of North Philadelphia, where the surrounding area includes residential housing, multifamily properties, and ongoing redevelopment activity. The remarks note accessibility to public transit and arterial roadways, along with nearby commercial influence tied to Temple University.
For buyers and owner-users evaluating repositioning strategies, this is an infill building with meaningful size and configuration flexibility, with zoning details identified as residential-commercial and RSA-5 zoning referenced in the surrounding area, subject to buyer due diligence and zoning verification.
The property is positioned in the Strawberry Mansion section of North Philadelphia, where the surrounding area includes residential housing, multifamily properties, and ongoing redevelopment activity. The remarks note accessibility to public transit and arterial roadways, along with nearby commercial influence tied to Temple University.
For buyers and owner-users evaluating repositioning strategies, this is an infill building with meaningful size and configuration flexibility, with zoning details identified as residential-commercial and RSA-5 zoning referenced in the surrounding area, subject to buyer due diligence and zoning verification.
Key Highlights
- Mixed‑use/commercial building built in 2012 with about 7,200 sq ft of building area
- Located on a parcel of roughly 3,600 sq ft
- Residential‑commercial setting with RSA‑5 zoning noted in the surrounding area (zoning verification required)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$93,312
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,866,240
$1.9M
Cap Rate 7%
$1,333,029
$1.3M
Cap Rate 9%
$1,036,800
$1.0M
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$172.8K $24.00/SF
− Vacancy
−$17.3K −$2.40/SF
EGI
$155.5K $21.60/SF
− OpEx
−$62.2K −$8.64/SF
NOI
$93.3K $12.96/SF
Area
Philadelphia, PA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,866,240
Cap Rate 7%
$1,333,029
Cap Rate 9%
$1,036,800
Alternative Uses
Best Use
Healthcare Medical
$1.33M
$1.17M – $1.56M
NOI $93,312 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.76M
$1.54M – $2.05M
NOI $122,867 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Rehabilitation center - Substantial mixed-use building offers about 7,200 sq ft and sits on a residential-commercial zoned parcel.
Where is this rehabilitation center located?
The property is located at 252224 W Huntingdon Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use/commercial building built in 2012 with about 7,200 sq ft of building area; Located on a parcel of roughly 3,600 sq ft; Residential‑commercial setting with RSA‑5 zoning noted in the surrounding area (zoning verification required)
