Rittenhouse Realty Advisors Brokers $13M Multifamily Sale In Philadelphia
SOLD
$13,000,000
+ 1
Pennsylvania
See Similar DealsMultiFamily63,000 SF
Sold
SOLD
Rittenhouse Realty Advisors Brokers $13M Multifamily Sale In Philadelphia
303 Vine Street
See Similar DealsMultiFamily63,000 SF
Sold
+ 1
Summary
PENNSYLVANIA
Asset Type:MultiFamily
Price Per Square Foot:$206
Total Square Footage:63000 SF
Transaction Type:Sale
The multifamily property located at 303 Vine St in Philadelphia has been sold. The transaction was facilitated by brokers Alan Krawitz, Ken Wellar, Corey Lonberger, and Mark Duszak from Rittenhouse Realty Advisors. The sale price for the property was $13,000,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $13,000,000
- Address: 303 Vine St
- Market: Philadelphia
The property consists of 51 units, with an average price per unit (PPU) of $254,902. The total square footage of the property is 63,000, with a price per square foot (PPSF) of $206.
Alan Krawitz, Ken Wellar, Corey Lonberger, and Mark Duszak from Rittenhouse Realty Advisors were the brokers involved in the transaction. They represented the buyer and/or seller in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
Is there something missing? Send suggestions