3503 Midvale Ave, Philadelphia, PA 19129

Building Details

Year Built

2024

Listing agent PHL License #Pennsylvania RS316262

Listing office The Oceanside Realty Team

Listing date Aug 10, 2024

Source Crexi

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 The Oceanside Realty Team

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Overview

The Grace Apartments, a new construction multifamily property with approximately 30,000 square feet, is located in the East Falls neighborhood of Philadelphia, Pennsylvania. This 5-story building features 34 units, including studios, one-bedroom, and two-bedroom apartments, as well as commercial space. Residents have access to a fully furnished fitness center and a panoramic rooftop terrace. The property is situated on Midvale Avenue, near shops, restaurants, cafes, and amenities in East Falls, as well as Main Street Manayunk and the Schuylkill River Trail. It is also conveniently located near Septa’s regional rail station, Jefferson University, Wissahickon Valley Park, and Bala Cynwyd shopping and office districts. The property benefits from a 10-year tax abatement.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.192464

Latitude

40.0139381

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FAQs

What type of property is this?

Apartment building - Boutique 34-unit multifamily property in East Falls, Philadelphia.

Where is this apartment building located?

The property is located at 3503 Midvale Ave Philadelphia, PA.

What is the asking price?

The asking price for this property is $9,199,999.

What are key features of this property?

This property features: New construction (2024) boutique apartment building in East Falls, Philadelphia.; Full 10‑year tax abatement.; **7.15% CAP rate turnkey asset.**