Adaptive Reuse Multifamily
For Sale
$3,500,000
701 West York Street, Philadelphia, PA 19133
Vacant former school being converted to a 40-unit multifamily project with completed structural and framing upgrades.
Property Size40,800 SF
Price / SF$85.78
Days on Market403
Property Features for 701 West York Street
General Information
Standard status
Active
Size
40,800 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RM1
Additional Details
Multifamily Units
40
Taxes and HOA fees
Annual Taxes
$7,598
Amenities
No
Other
No Pool
Above Grade, Below Grade
Building Details
Year Built
1965
Listing Agency:
Trophy Commercial Real Estate LLC
(215) 608-5745
Listed By:
Saam Tashayyod · License #RM425803
(215) 608-5745
Source:
Compass
Added: Jul 8, 2025
Changed: Aug 8
Last Checked: Jul 23 at 10:57AM
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
Investment Insights
Based on property information with market context.
701 W York Street is a vacant adaptive reuse project originally constructed in 1910 as St. Edward the Confessor School. The existing building is under conversion into a 40-unit multifamily development, retaining its enduring masonry facade and institutional architectural character.
Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers. The property is fully entitled, with building permits approved for Level III interior alterations. The project is offered “as-is,” representing a partially completed redevelopment opportunity in Philadelphia.
Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers. The property is fully entitled, with building permits approved for Level III interior alterations. The project is offered “as-is,” representing a partially completed redevelopment opportunity in Philadelphia.
Key Highlights
- 43,035 SF vacant former school at 701 W York Street, Philadelphia—adaptive reuse into a 40‑unit multifamily development
- Partially completed conversion with extensive structural and framing upgrades, including installation of steel beams and reinforced concrete dividers
- Building permits approved for Level III interior alterations for the multifamily conversion
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
2,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant former school being converted to a 40-unit multifamily project with completed structural and framing upgrades.
Where is this apartment building located?
The property is located at 701 West York Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 43,035 SF vacant former school at 701 W York Street, Philadelphia—adaptive reuse into a 40‑unit multifamily development; Partially completed conversion with extensive structural and framing upgrades, including installation of steel beams and reinforced concrete dividers; Building permits approved for Level III interior alterations for the multifamily conversion
