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    1701 N 2Nd St Philadelphia, PA 19148

    For Sale
    Contact for pricing

    Apartment building with retail in vibrant Fishtown location.

    Property size:
    7,537 SF
    Lot size:
    0.41 Acres

    Property Features for 1701 N 2Nd St

    General Information

    Size
    7,537 SF
    Lot size
    0.41 Acres

    Source: JLL | Philadelphia Agent Carl Fiebig

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fishtown Apartment Building with Retail

    This property features market-leading apartment finishes and a best-in-class amenity package. The ground floor retail space is occupied by Rival Bros Coffee. The property is currently 97% leased. The Rally has achieved 8% rent growth on the last 15 signed leases and 4.5% increases on the last 9 signed renewals. The property has qualified for the full 10-year tax abatement that commenced in 2021. The asset is within a 10-minute walk to a variety of award-winning restaurants and vibrant nightlife options. The property is located at 1701 N 2nd St, Philadelphia, PA and has a property size of 7537 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Pransome Garment Exporter Linsky's Pharmacy Pharmacy

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.149173
    Latitude
    39.926477

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    FAQs

    What type of property is this?
    Apartment building - Apartment building with retail in vibrant Fishtown location.
    Where is this apartment building located?
    The property is located at 1701 N 2Nd St Philadelphia, PA.
    What are key features of this property?
    This property features: - Full 10-Year Tax Abatement (commenced in 2021) offering outsized cash flow.; - Impressive Leasing Performance: 97% leased with recent rent and renewal increases (8% and 4.5% respectively).; - Best-in-class amenity package.
    (215) 988-5500
    Request Owner's contact information
    1701 N 2Nd St Philadelphia, PA 19148
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    Philadelphia, PA 19148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 N 2Nd St Philadelphia, PA 19148
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