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Boutique Condominium Residence
For Sale
Contact for pricing
Pending

427 E Lancaster #B-301, Wayne, PA 19087

Corner 2-bedroom, 2.5-bath condo with floor-to-ceiling windows and a private covered terrace.

Property SizeContact for details
Days on Market142

Property Features for 427 E Lancaster #B-301

General Information

Standard status Pending
Property subtype Multifamily

Amenities

green roof garden
pet-friendly park
custom-fitted elevators
keyless entry
underground parking garage
individual storage lockers
well-equipped gym
meeting room
mail/package room
24/7 emergency maintenance
landscaping and snow removal services
private covered terraces
Listing Agency: BHHS Fox & Roach Gladwyne
Listed By: Michael Gutkind · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Aug 28 at 11:20PM

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 presents a brand new boutique condominium community with two condo buildings and 11 homes in each building. This residence is a corner unit and features floor-to-ceiling windows designed to optimize natural light and views. The interior includes a great room with an open layout connecting living, dining, and kitchen areas, plus 9+ ceilings.

The home offers a gourmet kitchen with custom cabinetry, a center island with seating, and top-quality appliances. Additional highlights include a custom fireplace, custom millwork, hardwood and carpeted flooring, detailed recessed and decorative lighting, and solid core interior doors. The layout provides two bedrooms, two full baths, and a powder room, along with a laundry room.

Community amenities and building features include a green roof garden and pet-friendly park, keyless entry, custom-fitted elevators, an underground parking garage, individual storage lockers, and a well-equipped gym. The property also includes a meeting room, mail/package room, 24/7 emergency maintenance, and landscaping and snow removal services. The condominium is positioned on Lancaster Ave and is within a short walk of Historic Wayne, with shopping, dining, parks, and train access to Center City described in the remarks.

Key Highlights

  • Corner 2‑bedroom condo with 2.5 baths and a private covered terrace
  • Floor‑to‑ceiling windows for natural light and views
  • 9+ ceilings, custom millwork, hardwood and carpeted floors, and a custom fireplace

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.

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?
Apartment building - Corner 2-bedroom, 2.5-bath condo with floor-to-ceiling windows and a private covered terrace.
Where is this apartment building located?
The property is located at 427 E Lancaster #B-301 Wayne, PA.
What are key features of this property?
This property features: Corner 2‑bedroom condo with 2.5 baths and a private covered terrace; Floor‑to‑ceiling windows for natural light and views; 9+ ceilings, custom millwork, hardwood and carpeted floors, and a custom fireplace
More about this property
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