Downtown Multifamily Apartment
For Sale
Contact for pricing
417 East Frederick Street, Lancaster, PA 17602
37-unit apartment community in Downtown Lancaster with multiple apartment layouts and current occupancy at 87%.
Property Size47,697 SF
Days on Market153
Property Features for 417 East Frederick Street
General Information
Standard status
Active
Size
47,697 SF
Property subtype
Multifamily
Occupancy
87%
Additional Details
Multifamily Units
37
Building Details
Tenancy
Multi
Listed By:
Matt Wolf
(732) 750-3000
Source:
Kislakrealty
Added: Apr 11
Changed: Sep 7
Last Checked: Sep 10 at 5:17AM
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 Matt Wolf
Investment Insights
Based on property information with market context.
Fulton Market Apartments is a 37-unit residential community totaling 47,697 square feet in Downtown Lancaster. The unit mix includes layouts ranging from 1,176 to 1,650 square feet, with (2) 3-bedroom, 2.5-bath units, (1) 3-bedroom, 2-bath unit, (1) 4-bedroom, 2-bath unit, and (33) 2-bedroom, 1.5-bath units.
The property is within walking or short driving distance of several local traffic generators, including Clipper Magazine Stadium, the Lancaster Convention Center, Central Market, The Fulton Theatre, Chameleon Club, and The Pressroom.
At 87% occupancy, the building has five vacant units, presenting an opportunity to lease available apartments at market rates.
The property is within walking or short driving distance of several local traffic generators, including Clipper Magazine Stadium, the Lancaster Convention Center, Central Market, The Fulton Theatre, Chameleon Club, and The Pressroom.
At 87% occupancy, the building has five vacant units, presenting an opportunity to lease available apartments at market rates.
Key Highlights
- 37‑unit residential apartment community totaling 47,697 SF in Downtown Lancaster
- Unit mix includes (33) 2BD/1.5BA plus select 3BD and 4BD layouts
- Apartment sizes range from 1,176–1,650 SF
Property Analytics
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Current Use
Lease Details
37
Residential units
87%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,619
Businesses Nearby
Explore this area
Business Placement
Demographics for 17602, PA
52,665
Population
19,472
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
24.6 sq mi
ZIP Area
2,141
Density / Sq Mi
$71,752
Median Household Income
$38,469
Median Earnings
$1,272
Median Rent
$250,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 37-unit apartment community in Downtown Lancaster with multiple apartment layouts and current occupancy at 87%.
Where is this apartment building located?
The property is located at 417 East Frederick Street Lancaster, PA.
What are key features of this property?
This property features: 37‑unit residential apartment community totaling 47,697 SF in Downtown Lancaster; Unit mix includes (33) 2BD/1.5BA plus select 3BD and 4BD layouts; Apartment sizes range from 1,176–1,650 SF
