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4042 Chestnut St Philadelphia, PA 19104

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25-unit, 70-bed multifamily building in University City.

Property size:
34,944 SF
Lot size:
6,450.00 Acres

Property Features for 4042 Chestnut St

General Information

Standard status
Active
Zoning
CNX-4
Size
34,944 SF
Lot size
6,450.00 Acres

Building Details

Year built
2015

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Listing Contact
Ken Wellar
Ken Wellar
Source: Crexi

Listing Agency: GREA Listing Agent: Ken Wellar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

University City Multifamily Elevator Building

This 25-unit, 70-bed elevator building is located in University City, adjacent to the local police station and within the UPenn Security Zone. The mid-rise building at 40th & Chestnut Streets features three-bedroom/three-bath layouts averaging 1,000 square feet. Building amenities include a parking garage, keyless entry, and hardwood floors throughout. It is 0.3 miles from the Market-Frankford Line subway station. University City is recognized as a regional leader in science and Innovation, featuring distinguished universities and hospitals. The neighborhood spans 2.4 square miles and accommodates over 50,000 residents, alongside 85,000 jobs in various sectors, including medicine, higher education, real estate, technology, and hospitality. University City offers extensive real estate development opportunities and provides some of the region's best transportation infrastructure, including highly accessible bicycle and pedestrian thoroughfares. This prominent section of the City stands as a cultural destination and transportation hub, as well as an employment center that supports significant development projects and advances in life sciences. With a diverse population, varied housing and rental options, exceptional educational institutions and medical facilities, and a wide array of amenities, University City is considered one of Philadelphia’s premier neighborhoods and is well-positioned to address both current and future needs. The property size is 34,944 square feet.
Location Intelligence

Current Use by Public Records

Red Blue Prep Tutoring Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.204065
Latitude
39.955567

FAQs

What type of property is this?
Apartment building - 25-unit, 70-bed multifamily building in University City.
Where is this apartment building located?
The property is located at 4042 Chestnut St Philadelphia, PA.
What are key features of this property?
This property features: - Prime location in University City, a premier Philadelphia neighborhood.; - Unmatched safety credentials due to adjacency to the local police station and location within the UPenn Security Zone.; - **Trophy 25-unit elevator building catering to the high-end UPenn and USciences demographic.**
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