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New Multifamily with Ground-Floor Retail
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629-33 W Girard Ave, Philadelphia, PA 19123

Newly constructed 36-unit complex with fully-leased ground-floor commercial space and resident amenities completed in 2022.

Property SizeContact for details
Days on Market125

Property Features for 629-33 W Girard Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 36

Building Details

Year Built 2022
Listing Agency: JLL Philadelphia
Listed By: Tyler Margraf · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 9:03PM

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 JLL Philadelphia

Investment Insights

Based on property information with market context.

The Marquee is a newly constructed 36-unit apartment complex completed in 2022, offering a mix of 5 studio, 21 one-bedroom, and 10 two-bedroom residences. The property also includes 2,667 square feet of fully-leased, ground-floor commercial space. Resident amenities highlighted on-site include an expansive rooftop terrace, a courtyard with grilling stations, and a community lounge.

Located in the Northern Liberties submarket of Philadelphia, The Marquee is completing its lease-up and is approaching stabilization. As currently positioned, in-place rents average $1,833, which is stated to be $150 below market and more than 10% behind the market based on the provided remarks.

Key Highlights

  • Newly constructed 36‑unit apartment complex in Philadelphia’s Northern Liberties submarket, completed in 2022.
  • Unit mix: 5 studios, 21 one‑bedroom, and 10 two‑bedroom units, averaging 724 SF.
  • Ground‑floor commercial space is fully leased; total includes 2,667 SF of commercial space.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Clothing & Fashion Store Arcade & Gaming Center Plumbing 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

36
Residential units

Location Intelligence

Trade Area within ½ mile

3,111
Businesses Nearby

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed 36-unit complex with fully-leased ground-floor commercial space and resident amenities completed in 2022.
Where is this apartment building located?
The property is located at 629-33 W Girard Ave Philadelphia, PA.
What are key features of this property?
This property features: Newly constructed 36‑unit apartment complex in Philadelphia’s Northern Liberties submarket, completed in 2022.; Unit mix: 5 studios, 21 one‑bedroom, and 10 two‑bedroom units, averaging 724 SF.; Ground‑floor commercial space is fully leased; total includes 2,667 SF of commercial space.
(215) 988-5500 Call to check price and availability
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