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6610 Germantown Avenue

MultiFamily Asset At 6610 Germantown Avenue Sold For $8.415M In Philadelphia
SOLDMultiFamily

MultiFamily Asset At 6610 Germantown Avenue Sold For $8.415M In Philadelphia

6610 Germantown Avenue

$8,415,000

$162/SF

Building Size

51,835 SF

Asset Type

MultiFamily

Closing

Jan 11, 2026

AI

The property asset involved in the transaction is a MultiFamily asset located at 6610 Germantown Avenue, Philadelphia, PA. The sale price for the property was $8,415,000, comprising 38 units with a price per unit of $221,447. The total square footage of the property is 51,835, yielding a price per square foot of $162.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $8,415,000
  • Units: 38
  • Price Per Unit: $221,447
  • Square Footage: 51,835
  • Price Per Square Foot: $162
  • Date of Transaction: 1/12/2026
  • Broker Representatives: Ryan McManus & Brandon Ribeiro - Agent PHL

The key individuals involved in this transaction are Ryan McManus and Brandon Ribeiro, representing the transaction through Agent PHL. Their role was pivotal in facilitating this deal in the Philadelphia market.

Players

Ryan McManus

Agent PHL

Broker

$66.4M

vol

13 deals

Broker
AP
Agent PHLBrokerage

Philadelphia MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93