Philadelphia, PA 19130,2610-12 W GIRARD AVE
Philadelphia, PA 19130,2610-12 W GIRARD AVE
Philadelphia, PA 19130,2610-12 W GIRARD AVE
Philadelphia, PA 19130,2610-12 W GIRARD AVE
Philadelphia, PA 19130,2610-12 W GIRARD AVE
Philadelphia, PA 19130,2610-12 W GIRARD AVE
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$920,000

$1,050,000

12.4%
Est.Price: ?

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Est. payment /mo

6,600 SqFt


SOLD DATE : 05/19/2022

Key Details

Sold Price $920,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,600 sqft

Price per Sqft $139

Subdivision Brewerytown

MLS Listing ID PAPH2070384

Sold Date 05/19/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,735

Tax Year 2022

Lot Size 3,700 Sqft

Acres 0.08

Lot Dimensions 38 x 87

Property Description

Prime 14-unit QOZ new development parcel centrally located on Brewerytown's booming commercial corridor, Girard Avenue. With approximately 38' of double wide frontage, the contiguous combined properties allow for dense by-right multifamily apartments over commercial/retail. The feasibility calls for 1+2 bedroom apartments atop commercial/retail space. The proposed building includes an Amazon package room, residential lobby, elevator and rooftop terrace commonly accessible to all building residents with unparalleled hilltop views overlooking the Center City Philly skyline. There are brand new construction buildings anchoring both corners of the block, as well as 108 units and destination dining/retail located in the rear of the property. This is one of the best blocks in the city for new development and it's also located in the Opportunity Zone (QOZ). Rental demand is surging in this submarket. Easy access to bars, breweries, cafes, restaurants, cultural districts, downtown districts and Fairmount Park - the largest urban park in the USA. The total land is roughly 3700 SF. Zoned CMX2.5. The 19130 zip code is one of Philly's most esteemed areas. Buy now to secure the full 10 year tax abatement before the program is reduced at the start of 2022. Consolidate the lots and obtain "over the counter" permits to build this luxurious apartment building in one of Philly's fastest growing, most reputable locations. Enquire within for pro forma, plans.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX2.5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

View City

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871129250

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ryan J McManus • Compass RE
Bought with Emily Qing Hui Wang • Century 21 Advantage Gold-South Philadelphia
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