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 Details
Property Features
Listing Office:
Office Phone: (267) 797-2175
Listing Agent: Jonathan Beaulieu
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.63 Acres
Other
Directions Information:
Directions: .
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $4,800,000
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $4.5M more than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2324218
Listing Office:
Office Phone: (267) 797-2175
Listing Agent: Jonathan Beaulieu
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
1
/10
Hope Community Charter School
836 S 4th St
Distance between this listing and this school1.54 miles
Public Charter Grades KG-6
6
/10
John Moffet Elementary School
127 W Oxford St
Distance between this listing and this school1.75 miles
Public District Grades KG-5
5
/10
Francis Scott Key School
2230 S 8th St
Distance between this listing and this school2.23 miles
Public District Grades KG-6
Nearby Schools
6
/10
General George A. McCall School
325 S 7th St
Distance between this listing and this school0.62 miles
Public District Grades KG-8
7
/10
William M. Meredith School
725 S 5th St
Distance between this listing and this school0.84 miles
Public District Grades KG-8
8
/10
Folk Arts-Cultural Treasures Charter School
1023 Callowhill St
Distance between this listing and this school0.90 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Mastery Chs-Lenfest Campus
35 S 4th St
Distance between this listing and this school0.20 miles
Public Charter Grades 7-12
5
/10
Constitution High School
18 S 7th St
Distance between this listing and this school0.47 miles
Public District Grades 9-12
4
/10
Philadelphia Electrical & Tech Chs
1420 Chestnut St # 22
Distance between this listing and this school1.14 miles
The neighbors living near this home have an average income of $64,223. Residents of Philadelphia, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2401-25 N 2nd St
What is the listing price of this property?
The listing price of 2401-25 N 2nd St property is $4,800,000.
What type of property is this?
The property 2401-25 N 2nd St is land located in Philadelphia, Pennsylvania, 19133.
Is this property for sale now?
Active Listing: 2401-25 N 2nd St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 2401-25 N 2nd St in Philadelphia, PA and zip code 19133 in the Center City neighborhood. This home sits on a 0.63 acre lot. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $4,800,000.
In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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