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Loft-Style Apartment Building
For Lease
$2,035/Mo
Pending

2121 MARKET STREET #620, Philadelphia, PA 19103

Loft apartments feature high ceilings, expansive windows, hardwood floors, and open layouts within a full-service building.

Property Size700 SF
Days on Market41

Property Features for 2121 MARKET STREET #620

General Information

Standard status Pending
Size 700 SF
Property subtype Apartment
Lease Type /mo

Amenities

fitness center
resident lounge
roof deck
24/7 front desk attendant
pet friendly

Building Details

Year Built 1914
Construction loft style
Tenancy Multi
Listing Agency: Compass Pennsylvania, LLC
Listed By: Liela Rushton · License #RS201239L
Source: Cummingsrealtors
Added: Jun 20 Changed: Jul 26 Last Checked: Jul 30 at 6:29AM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

Available now, this loft-style apartment building has been transformed from a former tuxedo warehouse into residential units designed for an open, airy feel. Interiors include super high ceilings, expansive 14-foot windows, hardwood floors, and open floor plans with fully equipped kitchens and a breakfast bar. Photos shown are of a model unit with a similar floor plan.

Building amenities include a resident sky box with a state-of-the-art fitness center and resident lounge, as well as a roof deck. A 24/7 front desk attendant is on site, and the building is pet friendly, welcoming dogs and cats. Trader Joe’s is conveniently located on the lower level.

Units are positioned in the Rittenhouse Square neighborhood of Philadelphia, with access to the city’s surrounding offerings.

Key Highlights

  • 1914‑built former tuxedo warehouse converted into loft‑style apartments
  • Lofts feature super high ceilings with expansive 14‑foot windows and hardwood floors
  • Open floor‑plans with kitchens that include a breakfast bar

Property Analytics

Current Use

Trader Joe's Grocery & Convenience Store 2121 Market Street Apartment Building James Rappoport, AIA ... Architect Be Latino Marketing & Advertising Zesties Inc. Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Electrical Service Home Appliance Store Adult Day Care Tattoo & Piercing Shop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

15,644
Businesses Nearby

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$37.67 /SF/Yr
Avg Asking Price
$0.58–$64.33 /SF/Yr
Price Range
1,757 SF
Avg Space Size

This space is priced 7% below the average of $37.67 /SF/Yr.

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Loft apartments feature high ceilings, expansive windows, hardwood floors, and open layouts within a full-service building.
Where is this apartment building located?
The property is located at 2121 MARKET STREET #620 Philadelphia, PA.
What is the lease rate?
The lease rate is $2,035 /Mo.
What are key features of this property?
This property features: 1914‑built former tuxedo warehouse converted into loft‑style apartments; Lofts feature super high ceilings with expansive 14‑foot windows and hardwood floors; Open floor‑plans with kitchens that include a breakfast bar
More about this property
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