1770 N Mascher St Philadelphia, PA 19122
Storefront with updated residential units in a developing location.
Property Features for 1770 N Mascher St
General Information
- Standard status
- Active
- Size
- 2,424 SF
- Property subtype
- Mixed Use
Listing office MEGA Realty (215) 947-0575
Listing date Jul 13, 2023
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 MEGA Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in an area of new construction, apartments, and condos.
- Close proximity to Frankford Avenue restaurants.
- First floor commercial space with new flooring, fresh paint, and new windows.
Local Financial Insights For Apartment 5plus
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 | $73.6k | $30.36 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $69.3k | $28.60 |
| − OpEx | −$31.2k | −$12.87 |
| NOI | $38.1k | $15.73 |
