Active
1352 N 27th St
Philadelphia PA, 19121
$2,495,000
$243.41 per sqft
Active
10,250 sqft
Commercial
Built in 2020
1352 27th ST is a prominent new development - a 100% leased turnkey multifamily asset. Ideally located on the corner of 27th and Master Streets in blossoming Brewerytown, this 6.23% CAP asset benefits from a park-like settling, directly overlooking Athletic Sq Park, a top attraction in the neighborhood. The building is performing at the highest level in the submarket in terms of rental rates as a newly constructed asset with taxes abated through 2029. A rare find in the current market environment, 1352 27th is offered below replacement costs -- the combined value of construction costs and land acquisition costs -- as a turnkey, cash-flowing best-in-class boutique building.
PAPH2295818
MLSⓇ ID
November 29, 2023
Listed
February 21, 2025
Updated
Interior Features
Appliances
Electric Water Heater
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Corner Lot
Roof
Fiberglass
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$14,679
Tax Frequency
Annually
Days on Market
67
Garage
No
View
Yes
View Description
City, Park/Greenbelt
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Compass Pennsylvania, LLC
Listing Contact: 6106061095
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Data last updated on 2/21/2025 at 12:36 AM UTC
