2401 N 2nd St - Residential LAND FOR SALE


Philadelphia, PA 19133- North Philadelphia East27,282 SF
$4,800,000 USD
267-797-2175
2401 N 2nd St, Philadelphia, PA for Sale
$4,800,000 USD
Residential LAND - FOR SALE
1/23
27,282 SF

2401 N 2nd St
Philadelphia, PA 19133
North Philadelphia East


HIGHLIGHTS

  • SHOVEL READY with full permits and abatement
  • 102 Units + 42 Car Parking
  • Can begin construction at time of closing

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$7,664,516/AC

PRICE/SF

$176 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.63 AC

LAND SF

27,280 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CMX-2; ICMX; RSA-5

APN/PARCEL ID

881000004

ASK ABOUT THIS PROPERTY

Jonathan BeaulieuJBMP GroupMore Info
267-797-2175

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Jonathan BeaulieuJBMP GroupMore Info
267-797-2175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.