Brick Mixed-Use Building with
For Sale
Contact for pricing
626 South 10th Street, Philadelphia, PA 19147
Three-story brick property combines a lower-level early educational tenant with four apartments upstairs.
Property Size4,256 SF
Price / SF$373.59
Days on Market131
Property Features for 626 South 10th Street
General Information
Standard status
Active
Size
4,256 SF
Class
B
Property subtype
Retail, Multifamily, Mixed Use
Zoning
CMX-1 -COMMERCIAL MIXED USE
Site & Location
Neighborhood
Center City
Additional Details
Multifamily Units
4
Building Details
Year Built
1925
Stories
3
Units
4
Listing Agency:
Scott Realty Group LLC
Listed By:
David Ruffini · License #PA RS177037L
Source:
Crexi
Added: Jun 17
Changed: Oct 7
Last Checked: Oct 24 at 3:29PM
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 Scott Realty Group LLC
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Investment Insights
Based on property information with market context.
This brick, three-story building totals approximately 4,256 SF and is configured as a mixed-use property. The lower level is occupied by an early educational tenant, while floors 2 and 3 contain four apartments. The overall design supports two distinct income streams within one structure.
The property is located at 626 South 10th Street in Philadelphia, PA 19147. With the educational use on the ground floor and residences above, the layout is built for day-to-day separation of tenant functions while keeping the building under one ownership.
For investors and owner-users, this setup may appeal to buyers looking for a multi-family asset with a dedicated lower-level educational tenant. The combination of an operating tenant on the ground floor and four apartment units on the upper floors can support diversified occupancy within the same address. Please note that provided information describes the existing tenant on the lower level and the presence of four apartments, but does not specify lease terms or unit mix beyond the count.
The property is located at 626 South 10th Street in Philadelphia, PA 19147. With the educational use on the ground floor and residences above, the layout is built for day-to-day separation of tenant functions while keeping the building under one ownership.
For investors and owner-users, this setup may appeal to buyers looking for a multi-family asset with a dedicated lower-level educational tenant. The combination of an operating tenant on the ground floor and four apartment units on the upper floors can support diversified occupancy within the same address. Please note that provided information describes the existing tenant on the lower level and the presence of four apartments, but does not specify lease terms or unit mix beyond the count.
Key Highlights
- Three‑story brick building built in 1925
- Approx. 4,256 SF three‑story structure
- Lower level leased to an early educational tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,628
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,560
$1.5M
Cap Rate 7%
$1,037,543
$1.0M
Cap Rate 9%
$806,978
$807.0K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$109.8K $25.80/SF
− Vacancy
−$6.1K −$1.42/SF
EGI
$103.8K $24.38/SF
− OpEx
−$31.1K −$7.31/SF
NOI
$72.6K $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%
$1,452,560
Cap Rate 7%
$1,037,543
Cap Rate 9%
$806,978
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$907.9K – $1.21M
NOI $72,628 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$956.4K
$836.8K – $1.12M
NOI $66,945 @ 7.0% cap · market cap 4.21%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
5,087
Businesses Nearby
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Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Three-story brick property combines a lower-level early educational tenant with four apartments upstairs.
Where is this quadplex located?
The property is located at 626 South 10th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Three‑story brick building built in 1925; Approx. 4,256 SF three‑story structure; Lower level leased to an early educational tenant
