See Home Value
$570,000
Land - Off Market

2821-27 W SEDGLEY AVE

PHILADELPHIA, PA 19121
bedrooms
Studio
bathrooms
0 Bath
$2,942
Estimated Monthly

About This Property

2821 W. Sedgley Avenue is a shovel-ready ground-up development project in Philadelphia's Brewerytown neighborhood. Priced at $19,960 per buildable unit.

The offering consists of approximately 11,043 square feet of fully approved RM-1 zoned land. The project comes complete with plans and permits, allowing new owners to construct a 33,332-square-foot multifamily building with 30 units right away. The development will also feature various amenities, including bicycle storage, a secure mail and package room, controlled entrances, a club lounge common area, a study lounge/co-working space, and a rooftop deck with stunning views of Center City's skyline. Moreover, 2821 W. Sedgley Avenue is offered with a full 10-year Tax Abatement, enabling new owners to defer taxes on the newly built improvements 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, 2821 W. Sedgley Avenue is positioned to be part of a neighborhood undergoing rapid development and an influx of new residents. 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
28 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$276
HOA Dues
-
Year Built
-
Last updated: 4 months ago (Bright MLS #PAPH2315124)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold $570,000
Sold
Feb 13, 2024 In contract -
In contract
Jan 23, 2024 Listed by Scope Commercial Real Estate Services, Inc. $599,000
Listed by Scope Commercial Real Estate Services, Inc.

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$585,000 Jul 8, 2021
$585,000 Sep 23, 2021
-
Land
Loft
-
-
$450,000 Oct 25, 2022
$450,000 May 4, 2023
-
Townhouse
Stu
2 Baths
3,820 ft²
$156/ft²
$595,000 Feb 22, 2021
$595,000 Jun 11, 2021
-
Townhouse
Stu
-
-
$520,000 Nov 14, 2023
$520,000 Jan 19, 2024
-
Townhouse
3 Beds
3 Baths
2,000 ft²
$283/ft²
$565,000 Aug 3, 2022
$565,000 Nov 28, 2022
-
Townhouse
4 Beds
4 Baths
-
$530,000 Apr 12, 2021
$530,000 Jun 14, 2021
-
Land
Loft
-
-
$500,000 Oct 7, 2023
-
-
Land
Loft
-
-
$699,000 Oct 7, 2023
-
-
Commercial
Loft
-
-
$600,000 Jan 29, 2024
-
-
Commercial
Loft
-
-
$560,000 Jan 13, 2023
-
-
Commercial
Loft
-
-
$549,900 Feb 20, 2024
-
-
Commercial
Loft
-
-
$650,000 Feb 13, 2024
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 2821-27 West Sedgley Avenue built and last sold?
The property at 2821-27 West Sedgley Avenue 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 2821-27 West Sedgley Avenue is $604,990.
What are some comparable homes to 2821-27 West Sedgley Avenue?
Homes that are comparable to 2821-27 West Sedgley Avenue include a land property at 2523 West Cumberland Street, 2232-36 North 28th Street, 2400 West York Street.

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