Entitled Residential Development
For Sale
$1,500,000
3221 N 16th St, Philadelphia, PA 19140
Large residential land parcel with 100 feet of frontage, zoned RSA-3, and a previously approved variance for a 43-unit project.
Property Size10,295 SF
Lot Size0.38 Acres
Price / SF$145.70
Days on Market131
Property Features for 3221 N 16th St
General Information
Standard status
Active
Size
10,295 SF
Lot size
0.38 Acres
Zoning
RSA-3
Additional Details
Opportunity Zone
Yes
Multifamily Units
43
Listing Agency:
Loonstyn Brothers Realty LLC
(215) 302-4400
Listed By:
Joseph M. Loonstyn Jr.
Source:
Kandorre
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 30 at 8:52PM
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 Loonstyn Brothers Realty LLC
Investment Insights
Based on property information with market context.
This offering presents a large residential development parcel consisting of one parcel totaling approximately 16,755 SF with 100 feet of frontage. The property is zoned RSA-3 and includes a previously approved variance permitting a 43-unit residential building with off-street parking, which may help reduce entitlement risk.
The site is located in the Allegheny West section of North Philadelphia and is within a federally designated Opportunity Zone. Access is described as convenient to Broad Street, Temple University Hospital, and Center City.
For developers seeking an entitled residential site, this parcel provides an RSA-3 zoning base and an approved variance for the proposed unit count and parking configuration.
The site is located in the Allegheny West section of North Philadelphia and is within a federally designated Opportunity Zone. Access is described as convenient to Broad Street, Temple University Hospital, and Center City.
For developers seeking an entitled residential site, this parcel provides an RSA-3 zoning base and an approved variance for the proposed unit count and parking configuration.
Key Highlights
- Approximately 16,755 SF residential land parcel with 100 feet of frontage at 3221‑349 N. 16th Street
- Zoned RSA‑3 with a previously approved variance for a 43‑unit residential building
- Variance includes off‑street parking to support the proposed 43‑unit development
Property Analytics
Property Profile
Current Use
Lease Details
43
Residential units
Location Intelligence
Trade Area within ½ mile
3,304
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large residential land parcel with 100 feet of frontage, zoned RSA-3, and a previously approved variance for a 43-unit project.
Where is this residential land & home lot located?
The property is located at 3221 N 16th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 16,755 SF residential land parcel with 100 feet of frontage at 3221‑349 N. 16th Street; Zoned RSA‑3 with a previously approved variance for a 43‑unit residential building; Variance includes off‑street parking to support the proposed 43‑unit development
