Search
Boutique Corner Condo with Terrace
For Sale
$1,575,000

427 E LANCASTER AVENUE Unit 1301, Wayne, PA 19087

New boutique condominium unit in a two-building community with corner placement and a private covered terrace.

Property Size1,882 SF
Days on Market147

Property Features for 427 E LANCASTER AVENUE Unit 1301

General Information

Standard status Active
Size 1,882 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 22

Taxes and HOA fees

Annual Taxes $15,902

Amenities

Green Roof Garden
Pet-friendly Park
Dramatic Main Entryways
Custom-fitted Elevators
Keyless Entry
Underground Parking Garage
Energy-efficient Systems
Individual Storage Lockers
Well-equipped Gym
Meeting Room
Mail/package Room
24/7 Emergency Maintenance
Landscaping and Snow Removal Services

Building Details

Building Size 1,882 SF
Year Built 2022
Tenancy Multi
Listing Agency: BHHS Fox & Roach-Haverford
Listed By: Randy Myer · License #AB062630L
Source: Lizclarkrealestate
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 4 at 12:45PM

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 BHHS Fox & Roach-Haverford

Investment Insights

Based on property information with market context.

Wayne 427 is a brand-new boutique residential condominium presented as two condo buildings, with 11 homes in each building and only four units per floor. Unit B-102 is an individual corner unit designed to optimize natural light and views through floor-to-ceiling windows. The residence includes two bedrooms, two full baths, and a powder room, along with an entry foyer that leads to an open living, dining, and kitchen layout.

Interiors are planned with 9+ ceilings, custom millwork, hardwood and carpeted flooring, a custom fireplace, and detailed recessed and decorative lighting. The kitchen features custom-designed cabinetry, sleek countertops, top-quality appliances, and a center island with seating. Additional highlights include a laundry room, generous closet space, and solid core interior doors.

The primary bath is specified with double sinks, a soaking tub, and a separate shower with a frameless glass door. This unit also includes a private covered terrace for outdoor enjoyment. The B building contains all available units, and the community features on-site amenities including a green roof garden and pet-friendly park, underground parking, storage lockers, a gym, and a meeting room. Construction is planned to begin spring 2022 with delivery in 2023.

Key Highlights

  • New boutique condominium with 2 condo buildings and 11 homes per building
  • Unit is a corner placement with floor‑to‑ceiling windows for natural light and views
  • 2‑bedroom, 2‑bath plus 1 powder room with private covered terrace

Property Analytics

Current Use

Wayne 427 Condominium Complex Dr. Laura J. ... Pediatrician Dr. S David ... Pediatrician Melissa L. Bradley, ... Physician William Cleveland Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Grocery & Convenience Store Barber Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

Demographics for 19087, PA

33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - New boutique condominium unit in a two-building community with corner placement and a private covered terrace.
Where is this multifamily property located?
The property is located at 427 E LANCASTER AVENUE Unit 1301 Wayne, PA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: New boutique condominium with 2 condo buildings and 11 homes per building; Unit is a corner placement with floor‑to‑ceiling windows for natural light and views; 2‑bedroom, 2‑bath plus 1 powder room with private covered terrace
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message