Mixed-Use Building with 4
For Sale
$800,000
4032 W Girard Ave, Philadelphia, PA 19104
Ground-floor commercial space supports a residential configuration spanning the two upper levels.
Property Size3,756 SF
Price / SF$212.99
Days on Market78
Property Features for 4032 W Girard Ave
General Information
Standard status
Active
Size
3,756 SF
Zoning
CMX2
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Building Details
Year Built
1915
Buildings
1
Stories
3
Listing Agency:
Springer Realty Group
Listed By:
Jermaine Maurice Glover · License #RS375330
(484) 498-4000
Source:
Lgagne
Added: Aug 1
Changed: Oct 16
Last Checked: Oct 16 at 12:24PM
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 Springer Realty Group
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Investment Insights
Based on property information with market context.
This mixed-use property contains 3,756 square feet across a ground-floor commercial area and four one-bedroom apartments on the second and third floors. The residential units create a clear separation between the commercial and apartment components within the building.
Built in 1915, the property is zoned CMX2 and located at 4032 W Girard Ave in Philadelphia. The Philadelphia Zoo is located blocks away, providing a nearby landmark within the surrounding area.
Built in 1915, the property is zoned CMX2 and located at 4032 W Girard Ave in Philadelphia. The Philadelphia Zoo is located blocks away, providing a nearby landmark within the surrounding area.
Key Highlights
- 3,756‑square‑foot mixed‑use property
- Ground‑floor commercial space
- Four one‑bedroom apartments on the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,096
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,920
$1.3M
Cap Rate 7%
$915,657
$915.7K
Cap Rate 9%
$712,178
$712.2K
Market Conditions
NOI Build-Up for 3,756 SF
Gross rent
$96.9K $25.80/SF
− Vacancy
−$5.3K −$1.42/SF
EGI
$91.6K $24.38/SF
− OpEx
−$27.5K −$7.31/SF
NOI
$64.1K $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 Rate 5%
$1,281,920
Cap Rate 7%
$915,657
Cap Rate 9%
$712,178
Alternative Uses
Best Use
Multifamily LT 5
$915.7K
$801.2K – $1.07M
NOI $64,096 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$844.0K
$738.5K – $984.7K
NOI $59,080 @ 7.0% cap · market cap 7.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space supports a residential configuration spanning the two upper levels.
Where is this mixed-use property located?
The property is located at 4032 W Girard Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3,756‑square‑foot mixed‑use property; Ground‑floor commercial space; Four one‑bedroom apartments on the second and third floors
