Philadelphia · Commercial sale
7092 Forrest Ave Holdings buys 7092 Forrest Ave in Philadelphia for $1.23 million
An apartment building at 7092 Forrest Ave, Philadelphia sold for $1,225,000 on August 5, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,225,000
- Sold
- August 5, 2026
- Property type
- Apartment building
- Building area
- 12,996 sq ft
- Price per sq ft
- $94
- Year built
- 1925
The $1,225,000 sale was 61% above the last sale on record, according to the Philadelphia Office of Property Assessment's records. That sale was $762,478 in 2024. The building at 7092 Forrest Ave in Philadelphia sold on August 5, 2026, according to the Philadelphia Department of Records' real estate transfer records.
The transfer records list Forrest Realty Holdings LLC as the seller and 7092 Forrest Ave Holdings LLC as the buyer. The Philadelphia Office of Property Assessment's records show 12,996 square feet of building area, a build year of 1925 and a 6,454-square-foot lot. The price works out to $94 per square foot.
The property’s market value on record was $960,100, according to the Philadelphia Office of Property Assessment's records. The sale price was 28% above that value.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Philadelphia?
By our estimate, the seller's two largest charges, not counting prorations, were $21,915.25 for the philadelphia realty transfer tax and $6,125 for the state realty transfer tax. Who pays what follows Philadelphia custom.
How much did the seller net?
By our estimate, the seller netted about $1,204,210. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,267,095 at closing. That covers the full price and closing costs.
Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54581866. Property details: Philadelphia Office of Property Assessment. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
