Updated Jul 7, 2025
Effie's Greek Sells Commercial Property At 1127 Pine St Philadelphia For $1 Million
1127 Pine St
$1,000,000
$579/SF
Building Size
1,725 SF
Asset Type
Commercial
Closing
Aug 13, 2024
About this deal
AI
The property asset involved in this transaction is a commercial property located at 1127 Pine Street in the Philadelphia market. The sale price for the property was $1,000,000, with a total square footage of 1,725, resulting in a price per square foot of $580.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $1,000,000
- Address: 1127 Pine Street
- Market: Philadelphia
- Seller: Effie's Greek
- Broker: Billy Creagh - National Realty Commercial
- Square Footage: 1,725
- Price Per Square Foot: 580
The key individuals in this transaction include Billy Creagh, representing National Realty Commercial as the broker in this deal. The seller of the property is identified as Effie's Greek.
On the Map
$1,000,000
$579/SF
Commercial
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Players
Philadelphia Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93