4050 LUDLOW Street
4050 LUDLOW Street Philadelphia, Pennsylvania 19104 United States

$6,600,000
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Keller Williams Philly

Listing Courtesy of Keller Williams Philly
$6,600,000
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.22 Acres
Exterior
Commercial
Property type
1970
Year Built
PAPH917366
Web Id
PAPH917366
MLS ID
UNIVERSITY CITY
Subdivision
Philadelphia City
School District
31
days ago

About 4050 LUDLOW Street

4050 Ludlow is a SHOVEL READY development site with BUILDING PERMITS and MEP's in place for a 7 story mid-rise apartment building. The design calls for below grade parking with 18 spaces, and 95 residential units in the above floors. The residential units will be one bedroom and studios making the lease up exceptionally easy as these are the unit types across Philadelphia in the highest demand. The layouts also create incredible value as these units consistently garner the highest price per/sf in the city and this sub market. This project is in the very core of the University City sub-market in Philadelphia, an extension of Center City that is seeing incredible growth and demand. There are high barriers to entry in the sub market with development sites quickly drying up. Preliminary drawings will be included with the sale of the property. We believe this is an incredible opportunity to acquire a property with the approved zoning permit in hand in the heart of one of the most exciting sub markets in the North East Corridor.

Listing Courtesy of Keller Williams Philly

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

PROPERTY INFORMATION

Cooling
Other
Heating
Other
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Keller Williams Philly