Shovel-Ready Multifamily Development
For Sale
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4050 Ludlow St, Philadelphia, PA 19104
Shovel-ready land parcel with permits in place for a 7-story mid-rise apartment building.
Property SizeContact for details
Days on Market124
Property Features for 4050 Ludlow St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Compass Philadelphia
Listed By:
Sean Doyle · License #PA rs330909
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 3:46AM
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 Compass Philadelphia
Investment Insights
Based on property information with market context.
4050 Ludlow St is a shovel-ready development site with building permits in place for a 7-story mid-rise apartment building. The approved design includes below-grade parking with 18 spaces and 95 residential units across the upper floors, supported by amenity space that calls for a gym, a lobby with 20-foot ceilings, and a roof deck. Preliminary drawings are included with the sale.
The property is positioned in the core of the University City sub-market in Philadelphia, an extension of Center City.
Based on the approved plans, the project is configured for studios and one-bedroom residences, with the site offering an entitlement-forward path toward construction once conditions are satisfied.
The property is positioned in the core of the University City sub-market in Philadelphia, an extension of Center City.
Based on the approved plans, the project is configured for studios and one-bedroom residences, with the site offering an entitlement-forward path toward construction once conditions are satisfied.
Key Highlights
- Permits in place for a 7‑story mid‑rise apartment building at 4050 Ludlow
- Planned below‑grade parking with 18 spaces
- Approval for 95 residential units across the upper floors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,875
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready land parcel with permits in place for a 7-story mid-rise apartment building.
Where is this residential land & home lot located?
The property is located at 4050 Ludlow St Philadelphia, PA.
What are key features of this property?
This property features: Permits in place for a 7‑story mid‑rise apartment building at 4050 Ludlow; Planned below‑grade parking with 18 spaces; Approval for 95 residential units across the upper floors
