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Tax-Abated Multifamily Property
New
For Sale
$1,350,000

5007 Pentridge St, Philadelphia, PA 19143

The property includes a 10-year tax abatement.

Property Size7,340 SF
Days on Market4

Property Features for 5007 Pentridge St

General Information

Standard status Active
Size 7,340 SF
Property subtype Multifamily

Site & Location

Neighborhood Southwest Philadelphia

Building Details

Building Size 7,340 SF
Year Built 2022
Listing Agency: Mallin Panchelli Nadel Realty, Inc.
Listed By: Samantha Miller · License #RS352351
Source: Mpnrealty
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 23 at 5:27AM

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 Mallin Panchelli Nadel Realty, Inc.

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Investment Insights

Based on property information with market context.

This multifamily property at 5007 Pentridge Street in Philadelphia was completed in 2022. A 10-year tax abatement is associated with the property.

Key Highlights

  • 10‑year tax abatement
  • Constructed in 2022
  • Located at 5007 Pentridge Street in Philadelphia

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,724
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,480 $1.4M
Cap Rate 7%
$1,010,343 $1.0M
Cap Rate 9%
$785,822 $785.8K
Market Conditions
NOI Build-Up for 7,340 SF
Gross rent
$139.2K $18.96/SF
− Vacancy
−$10.6K −$1.44/SF
EGI
$128.6K $17.52/SF
− OpEx
−$57.9K −$7.88/SF
NOI
$70.7K $9.64/SF
Area
ZIP 19143
Vacancy
7.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,480
Cap Rate 7%
$1,010,343
Cap Rate 9%
$785,822

Alternative Uses

Best Use
Apartment 5plus
$1.01M
$884.1K – $1.18M (±1% cap)
NOI $70,724 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M (±1% cap)
NOI $176,104 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2,076
Businesses Nearby

Demographics for 19143, PA

64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property includes a 10-year tax abatement.
Where is this multifamily property located?
The property is located at 5007 Pentridge St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10‑year tax abatement; Constructed in 2022; Located at 5007 Pentridge Street in Philadelphia
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