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New Construction 1BR Apartment with Balcony
For Lease
$1,581/Mo

2401 FRANKFORD AVENUE #3D, Philadelphia, PA 19125

Third-floor 1-bedroom, 1-bath unit includes a private balcony, in-unit washer/dryer, and central air in a newly constructed building.

Space SizeContact for details
Days on Market80

Property Features for 2401 FRANKFORD AVENUE #3D

General Information

Standard status Active
Property subtype Apartment

Additional Details

Lease Term 12 months

Amenities

lobby with secure entry
package room with Amazon Locker Key
private balcony
central air conditioning
in-unit washer & dryer
exposed brick
stainless steel appliances

Building Details

Year Built 2022
Listing Agency: JG Real Estate LLC
Listed By: Charles R Mertz · License #RS320831
Source: Cummingsrealtors
Added: Jun 14 Changed: Aug 31 Last Checked: Sep 1 at 6:24PM

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 JG Real Estate LLC

Investment Insights

Based on property information with market context.

Unit #3D is a third-floor 1-bedroom, 1-bath apartment in a newly constructed multifamily building. The unit features a private balcony and in-unit washer and dryer, along with central air conditioning. The kitchen includes stainless steel appliances with a built-in overhead microwave, gas oven and stove, dishwasher, and refrigerator, and is finished with exposed brick, gray shaker cabinets, and pendant lighting. The bathroom offers paisley tile flooring, a lighted vanity, and a tiled shower stall.

The building includes a secure entry lobby, a package room with an Amazon Locker Key, and two separate stairwells. Lease terms are generally structured with a first month’s rent, a 12-month lease term, and a one-month security deposit. Verizon and Philly Whisper are supported by the building’s wiring.

Additional terms include a $50 application fee per applicant. Pets are conditional upon owner approval and may involve an additional fee if accepted. Tenants are responsible for electricity, cable/internet, plus flat monthly charges for gas and water, and a monthly Risk Protection Fee. Rental qualifications include verifiable net income of at least 3x the monthly rent, credit history review (including no active collections), no evictions within the past four years, and verifiable rental history with on-time payments, subject to applicable exceptions.

Key Highlights

  • Year built 2022: newly constructed building offering secure entry, package room with Amazon Locker Key, and 2 separate stairwells
  • 3rd‑floor 1 bed, 1 bath apartment with a private balcony and great storage space
  • Central air conditioning plus in‑unit washer and dryer

Property Analytics

Current Use

Vessel Coffee Collective Cafe & Coffee Shop Fishtown Flatiron Apartment Building

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,772
Businesses Nearby

Demographics for 19125, PA

25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value

Market

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?
Multifamily property - Third-floor 1-bedroom, 1-bath unit includes a private balcony, in-unit washer/dryer, and central air in a newly constructed building.
Where is this multifamily property located?
The property is located at 2401 FRANKFORD AVENUE #3D Philadelphia, PA.
What is the lease rate?
The lease rate is $1,581/Mo.
What are key features of this property?
This property features: Year built 2022: newly constructed building offering secure entry, package room with Amazon Locker Key, and 2 separate stairwells; 3rd‑floor 1 bed, 1 bath apartment with a private balcony and great storage space; Central air conditioning plus in‑unit washer and dryer
More about this property
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