North Broad Multifamily Development
For Sale
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2123 N Broad St, Philadelphia, PA 19122
Prime QOZ development parcel near Temple University.
Property Size19,200 SF
Price / SF$46.87
Days on Market747
Property Features for 2123 N Broad St
General Information
Standard status
Active
Size
19,200 SF
Property subtype
Land
Zoning
CMX2.5
Listing Agency:
The Oceanside Realty Team
Listed By:
PHL · License #Pennsylvania RS316262
Source:
Crexi
Added: Aug 8, 2024
Changed: Aug 24
Last Checked: May 12 at 10:30PM
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 The Oceanside Realty Team
Investment Insights
Based on property information with market context.
Located in the North Broad District and Temple University submarket of Philadelphia, 2123 NORTH BROAD is a multifamily development parcel situated in a designated Opportunity Zone. The site is planned for a 19,200 square foot structure with 22 units, totaling 44 beds. The location benefits from its proximity to Temple University, Philadelphia's largest university by enrollment, with access to transit and NCAA programs. The proposed building includes 700 square feet of commercial space intended to activate the streetscape. The property is eligible for a 10-year tax abatement, allowing taxes to be paid on the assessed land value rather than the future improved structure's assessed value. This property presents a development opportunity on a leading national higher-education campus.
Key Highlights
- Prime QOZ (Opportunity Zone) multifamily development parcel.
- Located in the high‑demand North Broad District / Temple University submarket.
- Proposed 22 units (44 beds) in a 19,200 SF structure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime QOZ development parcel near Temple University.
Where is this commercial land located?
The property is located at 2123 N Broad St Philadelphia, PA.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Prime QOZ (Opportunity Zone) multifamily development parcel.; Located in the high‑demand North Broad District / Temple University submarket.; Proposed **22 units (44 beds) in a 19,200 SF structure**.
