School District: The School District Of Philadelphia
Address: 2610-12 W GIRARD AVE
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.
Courtesy of: Compass Pennsylvania, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th September, 2021 7:44 AM