Condo Office Suite with Private
For Sale
$149,000
801 YALE AVENUE #519, Swarthmore, PA 19081
Ground-level office suite with a waiting area, private offices, and a powder room within a condo community.
Property Size820 SF
Price / SF$181.71
Days on Market102
Property Features for 801 YALE AVENUE #519
General Information
Standard status
Active
Size
820 SF
Property subtype
Commercial
Building Details
Year Built
1971
Listing Agency:
Compass Pennsylvania, LLC
(610) 822-3356
Listed By:
Erica H Kaufman
(610) 246-3187
Source:
Cummingsrealtors
Added: May 26
Changed: Sep 3
Last Checked: Sep 4 at 5:09AM
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 Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
This condo office suite within the Strath Haven Condos is available immediately for purchase and features ground level access through an attractive hallway. Inside, the space includes a waiting room with coat closet, a kitchen, storage space, and a powder room. The layout also provides a multi-service area and two private office rooms.
The suite benefits from natural light and is described as soundproof. The location is just minutes from Downtown Swarthmore, with nearby public transportation options including the train line R3 from Philadelphia, bus stops, and major thoroughfares such as I-95 and I-476, while remaining on a treelined street. Parking is available with easy access to the unit.
The condo fee includes heat, air conditioning, trash, and water.
The suite benefits from natural light and is described as soundproof. The location is just minutes from Downtown Swarthmore, with nearby public transportation options including the train line R3 from Philadelphia, bus stops, and major thoroughfares such as I-95 and I-476, while remaining on a treelined street. Parking is available with easy access to the unit.
The condo fee includes heat, air conditioning, trash, and water.
Key Highlights
- Ground‑level office suite in Strath Haven Condos with hallway entry and waiting room
- Includes kitchen, storage space, powder room, multi‑service space, and 2 private office rooms
- Sound proof unit with plenty of natural light
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
$13,443
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
9.02%
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%
$268,860
$268.9K
Cap Rate 7%
$192,043
$192.0K
Cap Rate 9%
$149,367
$149.4K
Market Conditions
NOI Build-Up for 820 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
$21.6K $26.40/SF
− Vacancy
−$3.7K −$4.54/SF
EGI
$17.9K $21.86/SF
− OpEx
−$4.5K −$5.46/SF
NOI
$13.4K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /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%
$268,860
Cap Rate 7%
$192,043
Cap Rate 9%
$149,367
Alternative Uses
Best Use
Office B
$192.0K
$168.0K – $224.1K
NOI $13,443 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.6K
$217.5K – $290.1K
NOI $17,403 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 19081, PA
10,803
Population
3,875
Households
2.8
Avg Household Size
37
Median Age
66%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
4,910
Density / Sq Mi
$129,973
Median Household Income
$54,288
Median Earnings
$1,452
Median Rent
$333,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-level office suite with a waiting area, private offices, and a powder room within a condo community.
Where is this office units located?
The property is located at 801 YALE AVENUE #519 Swarthmore, PA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Ground‑level office suite in Strath Haven Condos with hallway entry and waiting room; Includes kitchen, storage space, powder room, multi‑service space, and 2 private office rooms; Sound proof unit with plenty of natural light
