Bar Property With Additional
New
For Sale
$600,000
4638 4638-40 Kraydor St, Philadelphia, PA 19136
Established bar premises spanning two parcels with dedicated seating areas and an existing operational setup.
Property Size1,174 SF
Price / SF$511.07
Days on Market3
Property Features for 4638 4638-40 Kraydor St
General Information
Standard status
Active
Size
1,174 SF
Building Details
Year Built
1955
Listing Agency:
Homestarr Realty
(267) 515-9401
Listed By:
Ledion Zurbo
Source:
Kandorre
Added: Aug 9
Changed: Aug 10
Last Checked: Aug 11 at 10:16AM
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 Homestarr Realty
Investment Insights
Based on property information with market context.
This bar property comprises two parcels at 4638–4640 Kraydor Street and includes an existing bar setup with additional seating. The improvements date to 1955 and are offered in as-is condition.
The property is located in Philadelphia, Pennsylvania, with the address covering 4638 and 4640 Kraydor Street. Buyer due diligence is required for zoning and tax matters.
The property is located in Philadelphia, Pennsylvania, with the address covering 4638 and 4640 Kraydor Street. Buyer due diligence is required for zoning and tax matters.
Key Highlights
- Two parcels at 4638–4640 Kraydor Street
- Existing operational bar setup
- Additional seating included
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
$17,011
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
2.84%
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%
$340,220
$340.2K
Cap Rate 7%
$243,014
$243.0K
Cap Rate 9%
$189,011
$189.0K
Market Conditions
NOI Build-Up for 1,174 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
$24.7K $21.00/SF
− Vacancy
−$2.0K −$1.68/SF
EGI
$22.7K $19.32/SF
− OpEx
−$5.7K −$4.83/SF
NOI
$17.0K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$340,220
Cap Rate 7%
$243,014
Cap Rate 9%
$189,011
Alternative Uses
Best Use
Specialty Retail
$243.0K
$212.6K – $283.5K
NOI $17,011 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$286.2K
$250.4K – $333.9K
NOI $20,034 @ 7.0% cap · market cap 3.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Home Improvements & Furnishings 5%
Dollar General
Shops & Services
7,404 visits/mo
0.5 miles
Dollar General
Shops & Services
4,553 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,105 visits/mo
0.5 miles
Ferguson
Home Improvements & Furnishings
689 visits/mo
0.5 miles
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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- Tacony Beer Distributing Co — 7829 Torresdale Ave, Philadelphia, PA 19136
- Ralph’s Bar — 7401 Torresdale Ave, Philadelphia, PA 19136
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar premises spanning two parcels with dedicated seating areas and an existing operational setup.
Where is this bar & pub located?
The property is located at 4638 4638-40 Kraydor St Philadelphia, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two parcels at 4638–4640 Kraydor Street; Existing operational bar setup; Additional seating included
