Check Availability
$8,900,000
↑ $6.9M (346.1%)
Land - For Sale

2019 N 29TH ST

PHILADELPHIA, PA 19121
bedrooms
Studio
bathrooms
0 Bath
$43,701
Estimated Monthly

About This Property

2019 N 29th Street is a shovel-ready ground-up development project in Philadelphia's Brewerytown neighborhood. This includes parcels: 881299289 and 881299287. Priced at $19,680 per buildable unit.

The offering features approximately 28,800 square feet of RM-1 zoned land with ready-to-build plans and permits. New owners can begin constructing a 73,388-square-foot multifamily building with 94 units right away. The project includes 28 parking spaces, bike storage, secure mail and package services, maintenance on-site, controlled entrances, elevators, a gym/yoga room, a club lounge, a co-working area, a landscaped
courtyard, and a rooftop deck with Center City skyline views. New owners can also benefit from a 10-year Tax Abatement, deferring taxes on the new construction for the first ten years. The client recently completed 2820 Diamond St, a 33-unit multifamily building demonstrating momentum in the area.  


Located in Brewerytown, 2019 N 29th Street is positioned to be part of a neighborhood undergoing an influx of new residents due to rapid development opportunities. It's situated in proximity to local amenities, landmarks, and educational facilities, making it an attractive option for young professionals. Brewerytown is within one mile of the Philadelphia Museum of Art, Temple University, Eastern State Penitentiary, the
Schuylkill River Trail, and Fairmount Park. The location also provides easy access to Center City and the surrounding suburbs via Ridge Avenue, Girard Avenue, I-76, I-676, and Route-1.
Unit Size
-
Days on Market
141 days
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
-
Year Built
-

Listed By

Philip Sharrow
Scope Commercial Real Estate Services, Inc.
Last updated: 20 days ago (Bright MLS #PAPH2314912)

Price History

Date / Event Date Event Price
May 24, 2024 Price Increased $8,900,000
↑ $7M (346.1%)
Price Increased
May 14, 2024 Price Increased $1,995,000
↑ $146K (7.9%)
Price Increased
Jan 23, 2024 Listed by Scope Commercial Real Estate Services, Inc. $1,849,000
Listed by Scope Commercial Real Estate Services, Inc.

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $37,800
Financial Details
City Town Tax: $238
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $37,800
Tax Year: 2023
Tax Annual Amount: $529
Year Assessed: 2023

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.331
  • Legal Description 1: 624 3/8 N OF RIDGE

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • Census Tract: 015102

Zoning

  • Zoning: RM1

Geography

  • Account Number: 299289
  • Parcel: 88-1299289
  • Latitude: 39.9869
  • Longitude: -75.1806

    Address

  • Full Address: 2019 N 29th St
  • Address - House Number: 2019
  • Street Direction: N
  • Address - Street Name: 29th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C035
  • 4-Digit Zip Code: 5210
  • Zip Code: 19121

Valuation

    Tax

  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $37,800
  • Market Land Value: $37,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,800
  • Assessed Land Value: $37,800

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
5 Baths
7,923 ft²
$201/ft²
$1,590,000 Oct 30, 2018
$1,590,000 Apr 22, 2019
-
Townhouse
5 Beds
6 Baths
3,600 ft²
$507/ft²
$1,825,000 Mar 7, 2023
$1,825,000 Jul 26, 2023
-
Townhouse
5 Beds
5 Baths
3,333 ft²
$528/ft²
$1,760,000 Apr 9, 2022
$1,760,000 May 9, 2022
-
Townhouse
3 Beds
3 Baths
4,080 ft²
$392/ft²
$1,600,000 Apr 29, 2023
$1,600,000 Jul 13, 2023
-
Commercial
Loft
-
-
$1,650,000 Jun 30, 2023
-
-
Townhouse
Stu
-
-
$1,650,000 Jul 20, 2023
-
-
Townhouse
Stu
-
-
$1,500,000 Dec 5, 2023
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 2019 North 29th Street built and last sold?
The property at 2019 North 29th Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2019 North 29th Street is $8,989,000.
What are some comparable homes to 2019 North 29th Street?
Homes that are comparable to 2019 North 29th Street include a townhouse property at 2626 Ridge Avenue, 1934 North 18th Street, 2133-35 Mt Vernon Street.

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