309-Unit Apartment
For Sale
Contact for pricing
1220 North Broad Street, Philadelphia, PA 19121
Two apartment properties combine varied residential layouts with ground-floor commercial space along North Broad Street.
Property SizeContact for details
Days on Market11
Property Features for 1220 North Broad Street
General Information
Standard status
Active
Property subtype
Retail, Multifamily
Additional Details
Public Transit
Yes
Multifamily Units
309
Listed By:
Christopher Farmer · License #RS331174
Source:
Crexi
Added: Aug 31
Changed: Sep 9
Last Checked: Sep 9 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christopher Farmer
Investment Insights
Based on property information with market context.
This offering combines two apartment properties totaling 309 units and 8,130 square feet of ground-floor commercial space. The residential inventory includes studios, one-bedroom, two-bedroom, and five-bedroom apartments. The 1220 North Broad Street property contains 291 units and is 95% occupied, while the 1254 North Carlisle Street property contains 18 units with 16 occupied. Ground-floor commercial occupants include Fulton Bank, Barbers on Broad, Philadelphia Home Health Services, and Vogue Hair Mixy.
The properties are positioned along Philadelphia’s North Broad Street Corridor, with access to SEPTA’s Broad Street Line and major roadways serving Center City, South Philadelphia, and employment centers across the region. Restaurants, retailers, grocery stores, entertainment venues, and neighborhood-serving businesses are located in the surrounding area. Ownership also holds title to an adjacent parcel with potential development value.
The properties are positioned along Philadelphia’s North Broad Street Corridor, with access to SEPTA’s Broad Street Line and major roadways serving Center City, South Philadelphia, and employment centers across the region. Restaurants, retailers, grocery stores, entertainment venues, and neighborhood-serving businesses are located in the surrounding area. Ownership also holds title to an adjacent parcel with potential development value.
Key Highlights
- 309 apartment units across two properties
- 8,130 square feet of ground‑floor commercial space
- Residential mix includes studio, one‑bedroom, two‑bedroom, and five‑bedroom apartments
Property Analytics
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Current Use
Lease Details
309
Residential units
Location Intelligence
Trade Area within ½ mile
2,449
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two apartment properties combine varied residential layouts with ground-floor commercial space along North Broad Street.
Where is this apartment building located?
The property is located at 1220 North Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $40,200,000.
What are key features of this property?
This property features: 309 apartment units across two properties; 8,130 square feet of ground‑floor commercial space; Residential mix includes studio, one‑bedroom, two‑bedroom, and five‑bedroom apartments
