Compass Represents Buyer In $3.32M Mixed-Use Sale In Fishtown, Philadelphia
1801 North Howard Street, Philadelphia, Pennsylvania 19122, United States
$3,320,000
$110/SF
Building Size
30,000 SF
Asset Type
Mixed-use
Closing
Jun 28, 2022
AI
The mixed-use property located at 1801 N Howard St in Fishtown, Philadelphia, PA was recently sold for a total price of $3,320,000. The transaction took place on 06/29/2022. The property spans over 30,000 square feet, resulting in a price per square foot of $111.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,320,000
- Address: 1801 N Howard St, Fishtown, Philadelphia, PA
- Market: Fishtown, Philadelphia, PA
- Seller: Joe Laragione
- Buyer's Representative: Kyle Miller - Compass
- Seller's Representatives: Michael Stafford & Stephen Stafford - The Stafford Group
The sale of this property was facilitated by Kyle Miller from Compass, serving as the buyer's representative, and Michael Stafford and Stephen Stafford from The Stafford Group, representing the seller. With a significant transaction amount and a desirable location in Fishtown, Philadelphia, this sale highlights the ongoing activity in the real estate market.
Players
Philadelphia Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.78%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93