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Map
$2,200,000
↓ $375K (14.6%)
●
House -
For Sale
15 N 59TH
PHILADELPHIA, PA 19139
Studio
0 Bath
12900 Sqft
$10,803
Estimated Monthly
$0
HOA / Fees
About This Property
2023 Annual taxes $4199.
24 unit development opportunity by right with present CMX2 zoning. Potential for an additional 40 to 85 micro units with an upgrade to CMX3 Zoning and a variance. The entire City block across the street was recently rezoned in its entirety to CMX3 Zoning and is the home to the New West $64 million dollar, five story development. The warehouse is located in an Opportunity Zone and may be eligible for affordable housing and new market tax credits. Located in a transit oriented development area, one block to the 60th Street Elevated Market Street train station. Short commute to Center City, Penn and Drexel Universities.
Near University City, Cobbs Creek and located within the Revitalizing Haddington neighborhood. The building is presently being used for warehouse storage, the seller has concept drawings for a 24 unit apartment or condo floor plan, a brewery concept designed by the architects who designed the new Yards Brewery and a concept drawing to convert the building to public storage. See virtual tours.
24 unit development opportunity by right with present CMX2 zoning. Potential for an additional 40 to 85 micro units with an upgrade to CMX3 Zoning and a variance. The entire City block across the street was recently rezoned in its entirety to CMX3 Zoning and is the home to the New West $64 million dollar, five story development. The warehouse is located in an Opportunity Zone and may be eligible for affordable housing and new market tax credits. Located in a transit oriented development area, one block to the 60th Street Elevated Market Street train station. Short commute to Center City, Penn and Drexel Universities.
Near University City, Cobbs Creek and located within the Revitalizing Haddington neighborhood. The building is presently being used for warehouse storage, the seller has concept drawings for a 24 unit apartment or condo floor plan, a brewery concept designed by the architects who designed the new Yards Brewery and a concept drawing to convert the building to public storage. See virtual tours.
Unit Size
12,900Ft²
Days on Market
296 days
Land Size
0.24 acres
Price per sqft
$171
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1940
Listed By
Last updated: 4 months ago (Bright MLS #PAPH2255810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2024 | Price Decreased |
$2,200,000
↓ $375K
(14.6%)
|
|
| Price Decreased | |||
| Jul 20, 2023 | Price Decreased |
$2,575,000
↓ $25K
(1%)
|
|
| Price Decreased | |||
| Jul 10, 2023 | Listed by Realty Mark | $2,600,000 | |
| Listed by Realty Mark | |||
|
|
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24 unit development opportunity by right with present CMX2 zoning.
Potential for an additional 40 to 85 micro units with an upgrade to
CMX3 Zoning and a variance. The entire City block across the street
was recently rezoned in its entirety to CMX3 Zoning and is the home
to the New West $64 million dollar, five story development. The
warehouse is located in an Opportunity Zone and may be eligible for
affordable housing and new market tax credits. Located in a transit
oriented development…
|
|||
| May 12, 2020 | No longer available | - | |
| No longer available | |||
| Sep 9, 2019 | Listed | $1,600,000 | |
| Listed | |||
|
|||
|
Three story brick and heavy timber warehouse with approximately
12,500+ square feet. Included is the 16.6 x 80 foot long one story
entrance structure that leads to the warehouse. Also included is a
vacant rear lot that is approximately 70' x 54'. There is also an
additional one story structure that measures approximately 14' x
50' on the north side of the warehouse. The building is zoned CMX2
and is located across the street from the $64,000,000 New West
Transit Oriented Development that…
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Property Highlights
Parking Details
Parking Features: Other
Interior Details
Interior Information
Flooring Type: Wood, Concrete
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Property Manager Present
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Estimated
Building Information
Builder Name: NA
Builder Name: NA
Foundation Details: Brick/Mortar, Pillar/Post/Pier
Other Structures: Above Grade
Roof: Rubber, Flat, Built-Up
Structure Type: Other
Construction Materials: Brick, Frame
Building Name: NONE AVAILABLE
Pool Information
No Pool
Lot Information
Level, Rear Yard, Road Frontage, Zero Lot Line
Tidal Water: N
Lot Size Dimensions: 10367 sq ft
Lot Size Source: Estimated
Land Information
Land Assessed Value: $300,000
Above Grade Information
Finished Square Feet: 12900
Finished Square Feet Source: Estimated
Financial Details
City Town Tax: $1,895
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $300,000
Tax Year: 2023
Tax Annual Amount: $4,199
Year Assessed: 2023
Lease Considered: Yes
Utilities Details
Cooling Type: None
Heating Type: Baseboard - Electric, Wood Burn Stove
Cooling Fuel: Electric
Heating Fuel: Electric, Wood
Hot Water: None
Sewer Septic: No Sewer System
Water Source: Public Hook-up Available
Building Info
Overview
Building
Neighborhood
Zoning
Geography
15 N 59TH
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Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About West Philadelphia
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Listed by: James Thornton
Realty Mark Associates
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# PAPH2255810
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Realty Mark Associates
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# PAPH2255810
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
