701 W YORK ST Philadelphia, PA 19133
40,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 40,800 sqft
Price per Sqft $85
MLS Listing ID PAPH2553580
Style Other
Abv Grd Liv Area 40,800
Year Built 1965
Annual Tax Amount $7,598
Tax Year 2025
Lot Size 0.326 Acres
Acres 0.33
Lot Dimensions 78.00 x 150.00
Property Sub-Type Other
Source BRIGHT
Property Description
in Philadelphia. This property is a vacant former school under conversionv into a 40-unit multifamily development. Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers, offering investors a robust foundation on which to complete and stabilize the project.
The property is fully entitled, with Building Permits approved for Level III interior alterations. It is offered “as-is” at $3,500,000 | $81 PSF, representing an opportunity to acquire a partially completed project with significant upside through completion, lease-up, and subsequent refinancing. Originally constructed in 1910 as St. Edward the Confessor School, the building's enduring masonry facade and institutional character provide a distinctive architectural presence—positioning the redevelopment to blend historic charm with modern multifamily living.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RM1
Interior
Hot Water Other, Electric
Heating Other
Cooling Central A/C, Multi Units
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Above Ground Finished SqFt 40800
Sewer Private Sewer, Public Septic
Water Private
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 777404550
Ownership Fee Simple
SqFt Source 40800
Special Listing Condition Standard
