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2401-25 N 2nd Street, Philadelphia, PA 19133
$4,800,000
2401-25 N 2nd Street, Philadelphia, PA 19133View this property at 2401-25 N 2nd Street, Philadelphia, PA 19133
2401-25 N 2nd StreetPhiladelphiaPA19133
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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.
Full Property Details
Full Property Details for 2401-25 N 2nd St
General
- Price: $4,800,000
- Taxes: $8,894 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: PAPH2324218
- Updated: 3/20/2024
- Added to Site: 75 day(s) ago
Location
- Area: 19133 (19133)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: .
School Information
- School District: Philadelphia City
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 27,280
- Lot Size Source: Estimated
- Lot Dimensions: 248 x 110
- Frontage Feet: 358
- Lot Features: Corner
- Zoning: CMX2.5
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $175.95
- Assessment Year: 2023
- School Tax: $4,880
- City/TownTax: $4,013
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $635,400
- Tax Amount: $8,894
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Inclusions: Vacant land sold with all plans, permits, and accompanying documents/drawings
Listed by Jonathan Beaulieu
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Schools
Schools serving 2401-25 N 2nd St
Rating | Name | Grades | Distance |
---|---|---|---|
120 W Cambria St, Philadelphia, PA 19133 | K-4 | 0.5 mi | |
2161 E York St, Philadelphia, PA 19125 | K-5 | 0.6 mi | |
127 W Oxford St, Philadelphia, PA 19122 | K-5 | 0.8 mi | |
122 W Erie Ave, Philadelphia, PA 19140 | 6-8 | 1.4 mi | |
3380 Richmond St, Philadelphia, PA 19134 | 6-8 | 2 mi | |
238 E Wyoming Ave, Philadelphia, PA 19120 | 6-8 | 2.4 mi | |
2463 Emerald St, Philadelphia, PA 19125 | 9-12 | 0.4 mi | |
One Bright Ray High School - Fairhill
2820 N 4th St, Philadelphia, PA 19133 | 9-12 | 0.5 mi | |
1901 N Front St, Philadelphia, PA 19122 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2401-25 N 2nd St
Date
Details
Price
Change
Source
2/21/2024
Listed
$4,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2401-25 N 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,894
1197%
$635,400
100%
2021
$686
4%
-100%
2022
$658
-4%
$47,000
-4%
2020
$686
—
$49,000
—
2019
$686
114%
$49,000
114%
2018
$321
555%
$22,900
554%
2017
$49
—
$3,500
—
2016
$49
4%
$3,500
—
2015
$47
—
$3,500
—
2014
$47
-40%
$3,500
338%
2013
$78
—
$800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2401-25 N 2nd St
2401-25 N 2nd Street, Philadelphia, PA 19133 (MLS# PAPH2324218) is a Lots/Land property with a lot size of 0.63 acres. 2401-25 N 2nd Street is currently listed for $4,800,000 and was received on February 21, 2024. Want to learn more about 2401-25 N 2nd Street? Do you have questions about finding other Lots/Land real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.