2557 AMBER STREET, Philadelphia, PA 19125
CommercialSale - PHILADELPHIA, PA
- Added:
- Mar 12, 2026
- Days on Market:
- 91
- Last Refresh:
- Jun 10 at 2:06 pm
Property Features for 2557 AMBER STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- Size
- 3,609 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4798
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1875
- Number of units
- 3
- Flooring type
- Brick, Tile, Wood
- Architectural style
- Other
Listing agent Marc Hammarberg (215) 790-5501
Listing office BHHS Fox & Roach At the Harper Rittenhouse Square 112 S 19th Street, Suite 200, PA (215) 546-0550
Listing date Mar 12, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing property with long‑term NNN lease through 2030, option to renew through 2035, with 3% yearly increases.
- Prime location in the high‑growth East Kensington/Fishtown area, along Frankford Avenue's Business Corridor.
- Large 28' x 75' footprint and CMX2 mixed‑use zoning offer significant development potential.
- Two fully‑leased, loft‑style apartments on the 2nd and 3rd floors with strong rental history, leased through September and December 2026, respectively.
- First‑floor commercial space fully renovated in 2019, including ADA‑compliant access, new HVAC, kitchen, and modern finishes.
- Apartments feature hardwood floors, in‑unit laundry, central air, modern kitchens and baths, and large windows for abundant natural light.
Overview
Local Financial Insights For Apartment 5plus
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 | $109.6k | $30.36 |
| − Vacancy | −$6.4k | −$1.76 |
| EGI | $103.2k | $28.60 |
| − OpEx | −$46.4k | −$12.87 |
| NOI | $56.8k | $15.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.12444
- Latitude
- 39.98445