Contact Property

The Flomar Building

Off-Market

3156 Kensington Avenue, Philadelphia, PA 19134

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 34,600 Sqft
  • Lot Size 0.13 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1929

Location

  • City Philadelphia, PA
  • Neighborhood Kensington
  • Zip Code 19134
  • Market Philadelphia

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 21 Oct, 2004
  • Purchase Price $325,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Philadelphia

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Philadelphia Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $32.12
  • 2020 Office Vacancy Rate 9.03%
  • 2020 Office Completions (Sqft) 149,828

Philadelphia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $317.50
  • Y-o-Y Avg. PpSF Change -8.60%
  • 2020 Office Sales Volume $507.3M
  • 2020 Number of Transactions 7
View more Philadelphia market trends

Tax

  • Property Tax in 2021 $20,997
  • Market Value $1,500,000
  • Assessed Value $1,500,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Flomar Building, The?

Flomar Building, The totals 34,600 square feet.

When was this property built?

Flomar Building, The was built in 1929.

When was Flomar Building, The last sold?

Flomar Building, The was last sold on 21 Oct, 2004.

What was the last purchase price for Flomar Building, The?

Flomar Building, The was last sold for $325,000.

What is the property tax for Flomar Building, The?

The property tax for Flomar Building, The in 2021 was $20,997.

What is the market value for Flomar Building, The?

The market value for Flomar Building, The in 2021 was $1,500,000.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.