Condo Office Suite with Private
For Sale
$149,000
801 Yale Ave Unit 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 Market95
Property Features for 801 Yale Ave Unit 519
General Information
Standard status
Active
Size
820 SF
Building Details
Year Built
1971
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Erica H Kaufman · License #RS307865
(267) 435-8015
Source:
Southjerseyshorehomesfinder
Added: Jul 17
Changed: Oct 2
Last Checked: Oct 7 at 2:07PM
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
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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 / Yr
$13,443
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
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
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 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.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-level office suite with a waiting area, private offices, and a powder room within a condo community.
Where is this office unit located?
The property is located at 801 Yale Ave Unit 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
