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$1,890,000

  • For Sale
  • Active
  • Commercial Institutional
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These two contiguous buildings located at the CORNER of 2nd & Wildey in Northern Liberties. These buildings are in the heart of the commercial corridor, across the street from Heirloom Market, Starbucks and The Piazza. Great opportunity for an investor or owner-operator! 990 N 2nd has continuously operated as a 3 unit multifamily for decades. 992 N 2nd was built from the ground up in 2010. The property has ground floor commercial and a Wildey St entrance to the light filled apartments above. In August of 2026, the commercial tenant is coming to the end of their term with no options in place for renewal. While the tenant has indicated they would like to stay, this offers an opportunity to retenant at market rate which is substantially higher than the current lease. Alternatively, an owner operator will have an opportunity in an unmatched location for the neighborhood. Additionally, the first floor of 990 N 2nd should be converted to retail for both increased rent and conversion to a NNN format.

Full Property Details for 990 N 2nd St

General

  • Price: $1,890,000
  • Taxes: $8,639 (2024)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2518294
  • Updated: 12/17/2025
  • Added to Site: 222 day(s) ago

Business

  • Business Type: Other/General Retail, Medical

Rooms

Bathrooms

  • Restrooms: 6

Parking

  • Parking Type: None

Location

  • Area: 19123 (19123)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: NORTHERN LIBERTIES
  • Cross Streets: W Wildey St
  • Driving Directions: Located on the corner of N 2nd St & Wildey St.
  • Location Details: Urban

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Other
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Stories/Levels: 3
  • Building Size: 4947
  • Year Built: 1920
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,350
  • Lot Size Source: Estimated
  • Lot Dimensions: 15.00 x 78.00
  • Frontage Feet: 15
  • Zoning: CMX2.5
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $382.05
  • Assessment Year: 2025
  • School Tax: $4,838
  • City/TownTax: $3,801
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $617,200
  • Tax Amount: $8,639
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 42

Listed by Mallin Panchelli Nadel Realty Inc, Veronica Gintel Blum

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Listing agent

— 990 N 2nd St —

  • Veronica Gintel Blum

    Mallin Panchelli Nadel Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 990 N 2nd St

School District:Philadelphia City School District
NameGradesDistance
Ludlow James R School
550 Master Street, Philadelphia, PA 19122
K-80.5 mi
Penn Treaty Middle School
600 East Thompson Street, Philadelphia, PA 19125
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 990 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$1,890,000
-3.08%
MLS
11/03/2025
Price Reduced
$1,950,000
-7.14%
MLS
7/18/2025
Listed
$2,100,000
5845.64%
MLS
11/04/1998
Sold
$35,320
—
Public Record
Get Price Alerts and Save Property
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 for 990 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,640
—
$617,200
—
2024
$8,640
40%
$617,200
100%
2021
$6,177
-35%
-100%
2023
$9,481
53%
$677,300
53%
2020
$6,177
3%
$441,300
3%
2019
$5,979
20%
$427,100
20%
2018
$4,994
—
$356,800
—
2017
$4,994
—
$356,800
—
2016
$4,994
4%
$356,800
—
2015
$4,781
—
$356,800
—
2014
$4,781
119%
$356,800
1500%
2013
$2,179
—
$22,304
—
View All
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 for 990 N 2nd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Mallin Panchelli Nadel Realty Inc, Veronica Gintel Blum

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990 N 2nd Street, Philadelphia, PA 19123 (MLS# PAPH2518294) is a Commercial Institutional property. 990 N 2nd Street is currently listed for $1,890,000 and was received on July 18, 2025. Want to learn more about 990 N 2nd Street? Do you have questions about finding other Commercial Institutional real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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