Corner-Lot Mixed-Use
For Sale
$400,000
3750-52 PULASKI AVENUE, Philadelphia, PA 19140
Four occupied units combine ground-floor commercial space with second-floor apartments.
Property Size1,548 SF
Lot Size0.09 Acres
Days on Market46
Property Features for 3750-52 PULASKI AVENUE
General Information
Standard status
Active
Size
1,548 SF
Lot size
0.09 Acres
Property subtype
Quadruplex
Zoning
RM1
Occupancy
100%
Additional Details
Gross Income
$44,400
Taxes and HOA fees
Annual Taxes
$2,005
Building Details
Building Size
1,548 SF
Year Built
1930
Buildings
1
Construction
masonry
Tenancy
Multi
Listing Agency:
HomeSmart Realty Advisors
(215) 869-3130
Listed By:
Leah Janine Burnett · License #RS345924
(215) 869-3130
Source:
Mainlinekw
Added: Jun 29
Changed: Aug 8
Last Checked: Aug 12 at 2:29PM
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 HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
Built in 1930, this masonry mixed-use building contains four occupied units arranged across two levels. The ground floor includes two commercial spaces, while the second floor provides two residential apartments: one one-bedroom, one-bath unit and one two-bedroom, one-bath unit. The property sits on a 3,733 sf RM1-zoned corner lot measuring 44' x 85'.
Located at 3750-52 Pulaski Avenue in Philadelphia, the building offers a combination of commercial and residential occupancy within one structure. Commercial use, zoning compliance, use registration, and required permits or licenses should be independently confirmed with the City of Philadelphia Department of Licenses & Inspections before settlement. The property is offered strictly as-is, and showings require 48 hours’ notice.
Located at 3750-52 Pulaski Avenue in Philadelphia, the building offers a combination of commercial and residential occupancy within one structure. Commercial use, zoning compliance, use registration, and required permits or licenses should be independently confirmed with the City of Philadelphia Department of Licenses & Inspections before settlement. The property is offered strictly as-is, and showings require 48 hours’ notice.
Key Highlights
- Four occupied units: two commercial spaces and two residential apartments
- 3,733 sf RM1‑zoned corner lot
- 44' x 85' lot dimensions
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
$26,416
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
6.60%
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%
$528,320
$528.3K
Cap Rate 7%
$377,371
$377.4K
Cap Rate 9%
$293,511
$293.5K
Market Conditions
NOI Build-Up for 1,548 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
$39.9K $25.80/SF
− Vacancy
−$2.2K −$1.42/SF
EGI
$37.7K $24.38/SF
− OpEx
−$11.3K −$7.31/SF
NOI
$26.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
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%
$528,320
Cap Rate 7%
$377,371
Cap Rate 9%
$293,511
Alternative Uses
Best Use
Multifamily LT 5
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$347.8K
$304.4K – $405.8K
NOI $24,349 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four occupied units combine ground-floor commercial space with second-floor apartments.
Where is this mixed-use property located?
The property is located at 3750-52 PULASKI AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four occupied units: two commercial spaces and two residential apartments; 3,733 sf RM1‑zoned corner lot; 44' x 85' lot dimensions
