0.32 Acres Lot
0.32 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2525164
Style Other
Annual Tax Amount $1,837
Tax Year 2025
Lot Size 0.315 Acres
Acres 0.32
Property Sub-Type Other
Source BRIGHT
Property Description
This six-story, ground-up development has received both zoning and building permits and is situated within a Qualified Opportunity Zone (QOZ). Designed by the nationally acclaimed GNOME Architects, the project has been thoughtfully value-engineered for cost-effective development while delivering market-leading design, amenities, and unit mix. The offering includes 64 residential units, 1,269 SF of ground-floor retail, and structured parking for 21 vehicles with additional bike storage. Importantly, there is no affordable housing requirement for this development, eliminating regulatory constraints and preserving design and leasing flexibility.
The site has undergone full demolition and is ready for immediate mobilization, offering investors and developers a rare opportunity to activate a premium project with significant time and entitlement risk already removed
We have been engaged to market the site for sale and secure JV equity on behalf of the ownership. We welcome inquiries from both developers and capital partners.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RSA5
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 21.0
Water Access N
Accessibility Elevator, Ramp - Main Level
Total Parking Spaces 21
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881000503
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, Negotiable
Listing Terms Conventional, Cash, Negotiable
Financing Conventional,Cash,Negotiable
Special Listing Condition Standard
