28-Unit Apartment
For Sale
$4,950,000
414648 Parkside Avenue, Philadelphia, PA 19104
Newly constructed multifamily property overlooking Fairmount Park in Philadelphia’s Parkside area.
Property SizeContact for details
Days on Market95
Property Features for 414648 Parkside Avenue
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Net Operating Income
$322,921
Site & Location
Neighborhood
West Philadelphia
Additional Details
Multifamily Units
28
Building Details
Year Built
2023
Listing Agency:
Trophy Commercial Real Estate LLC
Listed By:
Saam Tashayyod · License #RM425803
(215) 608-5745
Source:
Deepcreeklake
Added: Jul 22
Changed: Oct 23
Last Checked: Oct 23 at 10:35AM
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 Trophy Commercial Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2023, this 28-unit apartment building offers modern multifamily construction at 4146-48 Parkside Avenue in Philadelphia. The property is positioned directly overlooking Fairmount Park and is suited to multifamily investment ownership.
Approximately seven years remain on Philadelphia’s original 10-year tax abatement. The asset is located near University City and Center City, providing a Parkside setting with access to two established Philadelphia districts.
Approximately seven years remain on Philadelphia’s original 10-year tax abatement. The asset is located near University City and Center City, providing a Parkside setting with access to two established Philadelphia districts.
Key Highlights
- 28‑unit multifamily property built in 2023
- Directly overlooks Fairmount Park
- Approximately 7 years remain on Philadelphia’s original 10‑year tax abatement
Property Analytics
Lease Details
28
Residential units
Location Intelligence
Trade Area within ½ mile
941
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed multifamily property overlooking Fairmount Park in Philadelphia’s Parkside area.
Where is this apartment building located?
The property is located at 414648 Parkside Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 28‑unit multifamily property built in 2023; Directly overlooks Fairmount Park; Approximately 7 years remain on Philadelphia’s original 10‑year tax abatement
