2019 N 29TH Street

2019 N 29TH Street Philadelphia, Pennsylvania 19121 United States

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 landscapedcourtyard, 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.

Listing Courtesy of Scope Commercial Real Estate Services, Inc.

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