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MLS: #PAPH2652958, Listed By: Maria Quattrone, LPT Realty, LLC, Source:Bright MLS

20 S Bank Street

PHILADELPHIA, PA 19106
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Acres0.05

Acre(Lot)

Exceptional shovel-ready development opportunity in the highly desirable Old City neighborhood! This project includes approved plans and permits for a luxury five-unit condominium building designed with modern, upscale finishes. Four residences are thoughtfully designed with approximately 1,720 square feet of living space, offering 2 bedrooms, 2 full bathrooms, an open-concept living, dining, and kitchen area, a private 200-square-foot balcony, elevator access directly to each unit, and dedicated private storage. Crowning the development is an impressive penthouse featuring approximately 1,720 square feet on the sixth floor plus a 450-square-foot mezzanine with breathtaking city views. The building also includes four private garage parking spaces, adding exceptional value and convenience. The foundation has already been completed, allowing the next owner to continue construction immediately. Approved plans, permits, and tax abatement documentation are available upon request. With construction already underway and the seller planning to increase the price as progress continues, this is a rare opportunity for developers and investors to bring a premier luxury condominium project to life in one of Philadelphia's most sought-after neighborhoods. Drive by & Make an Offer!

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Detail Ic Property Details

Property Type : Land

Price : $1,300,000

AD Id : 89152080

MLS Id : PAPH2652958

Lot Size : 0.05 Acre(Lot)

County : PHILADELPHIA

Subdivision: Old City

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  • Lot Information

    Lot Dimensions: 30.00 x 53.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 1992 Lot Description: Corner Lot

    Property Information

    Subdivision: OLD CITY Source Property Type: Land Postal Code Plus 4: 2804

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 885618720 Tax Lot: 103 Tax Year: 2026 Annual Tax: $9759

  • Location Information

    Direction: Coming from the east on Market St, continue straight and turn left onto Bank St. The property is located on the corner of Bank St and Elbow Ln, between Market St and Chestnut St. WaterSource: None
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ByOwner last updated this listing 08/12/2026 @ 07:27

MLS: PAPH2652958 LISTED BY: Maria Quattrone, LPT Realty, LLC 877-366-2213 SOURCE: Bright MLS

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