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2101 E Westmoreland St, Philadelphia, PA 19134

Development property with approved permits for new construction apartments next to an existing adaptive reuse building.

Property SizeContact for details
Days on Market120

Property Features for 2101 E Westmoreland St

General Information

Standard status Active
Property subtype Industrial, Mixed Use, Multifamily, Retail
Listing Agency: Scope Investment Real Estate Services
Listed By: Phil Sharrow · License #PA RSR002048
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 1:57AM

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 Scope Investment Real Estate Services

Investment Insights

Based on property information with market context.

This development project is being presented at 2101-09 E Westmoreland Street and is planned to deliver 48 new construction apartments. The ownership has obtained a zoning permit to build, and the new development is proposed adjacent to an existing 11-unit adaptive reuse building. The buyer will be responsible for completing and obtaining all further construction documents and permits.

The project is located in the Port Richmond neighborhood of Philadelphia. Additional project details beyond the permit status and adjacent building configuration are not provided in the offering information.

As presented, the asset combines the approved new apartment development with the immediate relationship to an existing 11-unit adaptive reuse building, supporting a cohesive redevelopment plan at the same site.

Key Highlights

  • Development project at 2101‑09 E Westmoreland Street in Philadelphia’s Port Richmond neighborhood
  • Ownership has obtained a zoning permit to build 48 new construction apartments
  • 48 new apartments are planned adjacent to an existing 11‑unit adaptive reuse building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Travel Agency Computer & Electronic Repair Nursing Home

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

2,435
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
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 - Development property with approved permits for new construction apartments next to an existing adaptive reuse building.
Where is this apartment building located?
The property is located at 2101 E Westmoreland St Philadelphia, PA.
What are key features of this property?
This property features: Development project at 2101‑09 E Westmoreland Street in Philadelphia’s Port Richmond neighborhood; Ownership has obtained a zoning permit to build 48 new construction apartments; 48 new apartments are planned adjacent to an existing 11‑unit adaptive reuse building
More about this property
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