5235-39 Chestnut St, Philadelphia, PA, 19139

USD 3,600,000
For Sale

Property Details

Property Type

Other

Description

Property Details: • Type: Other • Bedrooms: 0 • Bathrooms: 0 • Square Feet: [object Object] • Lot/Size: 28,049 sqft lot

Description: 5235 Chestnut Street offers the opportunity to acquire a multifamily development site approved for 204 residential units in West Philadelphia. The project has been designed entirely within the parameters of CMX-2.5 zoning and benefits from an issued zoning permit, completed Civic Design Review, a completed Streets Department developer-services meeting, and a clean phase 1 ERSA study. Located in an Opportunity Zone census tract adjacent to the 52nd Street Market-Frankford Line station and the historic 52nd Street commercial corridor, the project has been planned as a transit-oriented, car-free development without structured parking requirements, creating a meaningful construction cost advant

Location

Address

5235-39 Chestnut St, Philadelphia, PA, 19139

City

Philadelphia

Features and Finishes

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