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$ 4,800,000
Est. payment | /mo
0.63 Acres Lot
$ 4,800,000
Est. payment | /mo
0.63 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2324218
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $8,894
Tax Year 2024
Lot Size 0.626 Acres
Acres 0.63
Lot Dimensions 248x110
Property Description
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.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning CMX2.5
Interior
Inclusions Vacant land sold with all plans, permits, and accompanying documents/drawings
Exterior
Water Access N
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 881000004
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Jonathan Beaulieu • JBMP Group
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