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Boutique Corner Condo with Terrace
For Sale
Contact for pricing
Pending

427 E Lancaster #B-102, Wayne, PA 19087

New boutique condominium unit in a two-building community with corner placement and a private covered terrace.

Property SizeContact for details
Days on Market142

Property Features for 427 E Lancaster #B-102

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 22

Amenities

Green Roof Garden
Pet-friendly Park
Dramatic Main Entryways
Custom-fitted Elevators
Keyless Entry
Underground Parking Garage
Energy-efficient Systems
Individual Storage Lockers
Well-equipped Gym
Meeting Room
Mail/package Room
24/7 Emergency Maintenance
Landscaping and Snow Removal Services

Building Details

Tenancy Multi
Listing Agency: BHHS Fox & Roach Gladwyne
Listed By: Michael Gutkind · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 29 at 4:21PM

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 BHHS Fox & Roach Gladwyne

Investment Insights

Based on property information with market context.

Wayne 427 is a brand-new boutique residential condominium presented as two condo buildings, with 11 homes in each building and only four units per floor. Unit B-102 is an individual corner unit designed to optimize natural light and views through floor-to-ceiling windows. The residence includes two bedrooms, two full baths, and a powder room, along with an entry foyer that leads to an open living, dining, and kitchen layout.

Interiors are planned with 9+ ceilings, custom millwork, hardwood and carpeted flooring, a custom fireplace, and detailed recessed and decorative lighting. The kitchen features custom-designed cabinetry, sleek countertops, top-quality appliances, and a center island with seating. Additional highlights include a laundry room, generous closet space, and solid core interior doors.

The primary bath is specified with double sinks, a soaking tub, and a separate shower with a frameless glass door. This unit also includes a private covered terrace for outdoor enjoyment. The B building contains all available units, and the community features on-site amenities including a green roof garden and pet-friendly park, underground parking, storage lockers, a gym, and a meeting room. Construction is planned to begin spring 2022 with delivery in 2023.

Key Highlights

  • New boutique condominium with 2 condo buildings and 11 homes per building
  • Unit is a corner placement with floor‑to‑ceiling windows for natural light and views
  • 2‑bedroom, 2‑bath plus 1 powder room with private covered terrace

Property Analytics

Current Use

Wayne 427 Condominium Complex Dr. Laura J. ... Pediatrician Dr. S David ... Pediatrician Melissa L. Bradley, ... Physician William Cleveland Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Grocery & Convenience Store Barber Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

Demographics for 19087, PA

33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - New boutique condominium unit in a two-building community with corner placement and a private covered terrace.
Where is this multifamily property located?
The property is located at 427 E Lancaster #B-102 Wayne, PA.
What are key features of this property?
This property features: New boutique condominium with 2 condo buildings and 11 homes per building; Unit is a corner placement with floor‑to‑ceiling windows for natural light and views; 2‑bedroom, 2‑bath plus 1 powder room with private covered terrace
More about this property
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