2401-25 N 2nd Street is a 27,280 square-foot SHOVEL READY development site fronting on 3 streets: 248 on N 2nd Street; 110’ on W York Street and 248’ on Palethorp Street. The site is fully approved for 102 Apartments, consisting of 69 units in Building A and 33 units across 11 adjoining triplexes, with 42 parking spaces. The existing structures have been demolished and the site has been cleared, allowing the buyer to put a shovel in the ground at time of closing. The approvals are now in place and therefore included in the sale of the site, Buyer will receive the following: Zoning Permit; Building Permit; Construction Documents; Full 10-Year Abatement; Qualified Opportunity Zone Advantages. The unit mix consists of 67 two-beds, 30 one-beds, 4 studios, and 1 three-bed unit. Rent roll and plans are available upon request.
MLS# | PAPH2324218 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 259 |
Listing Provided By | JBMP Group | Jonathan Beaulieu |
Zoning | CMX2.5 |
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Acreage | 0.63 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19133 |
Area | 19133 |
School District | The School District Of Philadelp |
Listing VS Median (in 19133) | |
Price: $4,800,000 low | high Med: $114,900 On Site: 259 low | high Med: 35.000000 |