Center City – The Flynn Company recently represented the Seller in the sale of 1511 Pine Street in Center City Philadelphia. The 3-story, 1,248 SF mixed-use building was fully occupied at the time of sale; two residential apartments and a commercial tenant, Waffles & Wedges, on the ground floor. The Seller had renovated the building in 2010 and with meticulous maintenance the property had remained in tremendous condition. The Flynn Company worked alongside the Seller in providing financial analysis of the in-place income which helped determine the value of the asset and ultimately helped support the purchase price of $700,000. Working towards a successful Closing, we assisted in negotiating deal terms that were acceptable to both the buyer and seller.
The Flynn Company is very active in the commercial real estate sales market in Center City Philadelphia, selling in excess of $30 million in gross sales in the past 18 months. If you have an interest in selling your property or in discussing current market values please contact Brendan Flynn (firstname.lastname@example.org) or Michael Gallagher (email@example.com) at (215) 561-6565. Information on additional commercial properties The Flynn Company exclusively represents can be found at www.flynnco.com.