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Property profile & analytics
OFF-MARKET Estimated value $9,970,000
Apartment buildings

414 16th St 22 Philadelphia, PA 19146-1989

31,537 SF 0.18 ac lot Built 1920
Entity Owned 9-yr Hold Free & Clear
Property ID
US73-2464220
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,537 SF
Lot 0.18 ac (7,670 SF)
Zoning code CMX2
APN 88-1-5387-01
UPID US73-2464220
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • APG Living Property Management Company
  • 414 LOFTS Apartment Building
  • Rittenhouse Law Law Firm
  • Alterra Property Group, LLC Property Investment Company Real Estate Developer
  • The Peyton Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.97M
Owner & transaction history
414 S 16th LP · 9 yrs held
414 S 16th LP
since 2017
5 recorded transactions
2019
Price N/A
2018
Price N/A
2017
$4.1M
2017
Price N/A
2016
Price N/A
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 1,472.20 ac
Source TITLE 14. ZONING AND PLANNING
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