• 2401-25 N 2nd Street PHILADELPHIA, PA 19133

  • $4,800,000
  • 27,280
    Sq Ft
  • 27280
    Sqft

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.

Property Type :

Land

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 27,280

Dimensions: 248x110

Lot Size (Acres): 0.63

Main Square Feet: 27,280

Property Information

Total Lot SQ ft: 27,280

Appx. Lot Dimensions: 248x110

Total Acreage: 0.63

Listing Information

Possession: 0-30 Days CD,31-60 Days CD,61-90 Days CD

Days Of Market: 89

Tax Information

Annual Tax: $8,894

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD,31-60 Days CD,61-90 Days CD

Assessment Information

Taxes Assessment Amount: $635,400

Multi-Unit Information

Road Frontage Length: 358

Homeowners Association Information

Direction: .

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: .

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2508 N Leithgow Street , Philadelphia, PA,19133 $39,900 -- -- 494 494 Acres
2510 N Leithgow Street , Philadelphia, PA,19133 $39,900 -- -- 494 494 Acres
2502 N Leithgow Street , Philadelphia, PA,19133 $39,900 -- -- 494 494 Acres
2504 N Leithgow Street , Philadelphia, PA,19133 $39,900 -- -- 494 494 Acres
426 W York Street , Philadelphia, PA,19133 $79,900 -- -- 868 868 Sqft
1028 W Indiana Avenue , Philadelphia, PA,19133 $30,000 -- -- 938 938 Sqft
1237 W Sergeant Street , Philadelphia, PA,19133 $34,900 3 1.0 -- 665 Sqft
1219 W William Street , Philadelphia, PA,19133 $45,000 3 1.0 -- 924 Sqft
2832 N Marvine Street , Philadelphia, PA,19133 $50,000 -- -- 1,387 1387 Sqft
2533 N Hancock Street , Philadelphia, PA,19133 $69,900 -- -- 714 714 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/22/2024 @ 13:17

MLS: PAPH2324218
LISTED BY: Jonathan Beaulieu ,
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: Commission calculated on net sales price after any concessions or credits from seller.

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