Updated Jan 22, 2026
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
About this deal
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.
On the Map
$8,415,000
$162/SF
MultiFamily
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Players
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