Shovel-Ready Multifamily Development
For Sale
Contact for pricing
Pending
2234 N Broad St, Philadelphia, PA 19132
Cleared land with plans and building permit in hand for a proposed 30-unit apartment building.
Property SizeContact for details
Days on Market124
Property Features for 2234 N Broad St
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Multifamily Units
30
Listing Agency:
Alpha Realty Advisors (ARA)
Listed By:
Gene Zlotnikov · License #PA RS319486
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:11PM
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 Alpha Realty Advisors (ARA)
Investment Insights
Based on property information with market context.
This offering presents cleared land prepared for a proposed 30-unit apartment building, with development plans and a building permit already in hand. The property is described as shovel ready, with plans, permits, and related materials available upon request, including environmental studies and the proposed unit mix.
The site is located along the North Broad St corridor, described as about half a block from Temple University and within a ten-minute subway ride from Center City. Public remarks also note nearby student dorms and campus buildings within a block, along with additional development in the surrounding area.
According to the provided remarks, the new owner will inherit an original 10-year tax abatement that has been reduced, and property taxes are stated to be payable on the assessed land value for a full ten years under the terms described for this project submission.
The site is located along the North Broad St corridor, described as about half a block from Temple University and within a ten-minute subway ride from Center City. Public remarks also note nearby student dorms and campus buildings within a block, along with additional development in the surrounding area.
According to the provided remarks, the new owner will inherit an original 10-year tax abatement that has been reduced, and property taxes are stated to be payable on the assessed land value for a full ten years under the terms described for this project submission.
Key Highlights
- Cleared land with plans and building permit in hand for a proposed 30‑unit apartment building
- Shovel‑ready development with plans, permits, and environmental studies available upon request
- Original 10‑year tax abatement transfers to the new owner; taxes apply to assessed land value for 10 years
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Location Intelligence
Trade Area within ½ mile
1,930
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared land with plans and building permit in hand for a proposed 30-unit apartment building.
Where is this residential land & home lot located?
The property is located at 2234 N Broad St Philadelphia, PA.
What are key features of this property?
This property features: Cleared land with plans and building permit in hand for a proposed 30‑unit apartment building; Shovel‑ready development with plans, permits, and environmental studies available upon request; Original 10‑year tax abatement transfers to the new owner; taxes apply to assessed land value for 10 years
