1817-31 N. 6th St.Philadelphia, PA

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1817-31 N 6th St.

Property Type: QOZ, Raw Land in Olde Kensignton for redevelopment.We think a single family PUD is the best option. Olde Kensington is a neighborhood located in the Kensington section of Philadelphia, Pennsylvania, United States. The boundaries of the neighborhood are roughly between Berks Street (north), Girard Ave (south), Front St (east) and 6th St. (west).

Price 2.35MM

Property Sq Ft 30,000 Plus Sq Ft

Building Sq Ft 20,000 Sq Ft

Building Footprint 10,000 Sq Ft

Vacant Land Sq Ft 30,000 Plus Sq Ft

Zoning RSA5

PROPERTY OVERVIEW

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1817-31 N 6th St.SITE SURVEY

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1817-31 N 6th St.PUD LAYOUT

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1817-31 N 6th St.PUD RENDERING

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1817-31 N 6th St.PUD RENDERING

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1817-31 N 6th St.

ENTERTAINMENTA. SUGARHOUSE CASINO 1.4m

B. THE FILLMORE 1.3m

1. FRANKFORD HALL 1.2m

2. EVIL GENIUS BREWERY 0.9m

3. BARCADE 1.3m

4. ACME 1.1m

5. SURAYA RESTAURANT 1.1m

FOOD

NEIGHBORHOOD

5

4 31

A

B

2

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1817-31 N 6th St.COMPS

1213-1241 N 5th StPhiladelphia, PA 19122

Commercial Land of 0.90 AC Sold on 1/26/2016 for $2,925,000 -Research Complete

buyer

Sean Schellenger2301 Washington AvePhiladelphia, PA 19146(267) 639-3550

Eli Erlich & Jacob Erlich Trust1840 Nicholas DrHuntingdon Valley, PA 19006(215) 938-7891

seller

vital data

Escrow/Contract: -Days on Market: -

Exchange: NoConditions: Redevelopment Project

Lot Dimensions: -Frontage -

Sale Date: 1/26/2016

Comp ID: 3531123

Sale Price: $2,925,000Status: Full Value

Down Pmnt: $0Pct Down: 0.0%

Doc No: 53016965Trans Tax: -

Corner: No

Zoning: ICMX

Topography: -Improvements: -

Submarket: Northeast Philadelphia

Property Type: Land

Off-Site Improv: Cable, Curb/Gutter/Sidewalk, Electricity, ...

Proposed Use: Commercial, MultiFamily

Max No of Units: -Price/Unit: -

Density: -

Map Page: -Parcel No: 884589300 [Partial List]

income expense data

$1,590

$1,590

Total Expenses- Operating Expenses

- TaxesExpenses

Acres: 0.90 AC

Price/Acre: $3,250,000.00

SF: 39,204 SF

Price/SF: $74.61

Gross Net

-

-

-

-

Listing Broker

Buyer Broker

financing

1st Republic BankBal/Pmt: $2,475,000

2nd Republic First BankBal/Pmt: $2,494,000

Copyrighted report licensed to The Stafford Group - 1022333. 6/20/2019

Page 1

1213-1241 N 5th St408 Cecil B Moore2112-24 N 12th St 1613-19 N American StSale Price: $6.5MilSquare footage 81,000Price per Sqft $80.24PsfZoning: I2

Sale Price: $2.92MilSquare footage 39,204Price per Sqft $74.81PsfZoning: ICMX

Sale Price: $1.385MilSquare footage 17,532Price per Sqft $79.57PsfZoning: I2

Sale Price: $2.395MilSquare footage 20,384Price per Sqft $143PsfZoning: RFA5

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1817-31 N 6th St.SINGLE FAMILY COMPS

Outsales for single family homes with parking ranging 420-520K

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1817-31 N 6th St.MARKET OVERVIEW

LOWEST AMOUNT OF INVENTORY IN PHILADELPHIA MARKETPLACE FOR SINGLE FAMILY HOMES IN THE LAST 45 DAYS

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1817-31 N 6th St.SITE PHOTOS

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1817-31 N 6th St.SITE PHOTOS

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1817-31 N 6th St.

2401 Walnut St. 6th FloorPhiladelphia, PA 19103

Steve Stafford Cell: 609.335.4016 s.stafford@kw.com