626 South 10th Street Philadelphia, PA 19147
Three-story brick property combines a lower-level early educational tenant with four apartments upstairs.
Property Features for 626 South 10th Street
General Information
- Standard status
- Active
- Size
- 4,256 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 1925
Listing office Scott Realty Group LLC
Listing date Jun 17, 2026
Source Crexi
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
Investment Insights
Based on property information with market context.
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
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.8k | $25.80 |
| − Vacancy | −$6.1k | −$1.42 |
| EGI | $103.8k | $24.38 |
| − OpEx | −$31.1k | −$7.31 |
| NOI | $72.6k | $17.06 |
