50 Spring Garden Street

Philadelphia, PA 19123

$3,999,999
Price
8,500 / 0.20
Lot Size / Acres

Description

Introducing 50SG, a turnkey development site in Philadelphia's most vibrant district — Northern Liberties (aka NoLibs). This shovel-ready multifamily development site is surrounded by some of Philly's newest and most notable developments, with billions of dollars in new real estate projects actively being constructed. Look no further than Spring Garden Street, as national developers and local developers alike are currently filling the gaps between the historic Old City neighborhood, the subject Northern...Introducing 50SG, a turnkey development site in Philadelphia's most vibrant district — Northern Liberties (aka NoLibs). This shovel-ready multifamily development site is surrounded by some of Philly's newest and most notable developments, with billions of dollars in new real estate projects actively being constructed. Look no further than Spring Garden Street, as national developers and local developers alike are currently filling the gaps between the historic Old City neighborhood, the subject Northern Liberties neighborhood, and Fishtown — Philly's epicenter of cool + culture. Plans and permits are on file to build a 62-unit apartment building with prominent ground floor retail/commercial (3300 SF), 1200 SF luxury lobby, 1000 SF 2nd floor fitness center, 1270 SF penthouse club room, 900 SF river-facing rooftop terrace, Amazon package room, bike room (21 bicycles), and more. The majority of the units feature private balconies. The 56,000 SF development has an approved building height (7-storeys) of roughly 85'. Full 10 year tax abatement. Ideal 1-bedroom and 2-bedroom unit mixture. Walkable to Septa train (Spring Garden Station — 2 blocks), Delaware River Waterfront (1 block), and all of the beloved shops, restaurants, cafes, bars and amenities in Northern Liberties, Old City and Fishtown. The site is adjacent to Delaware Avenue (aka Columbus Boulevard) which connects to Interstates 76, 676 and 95, as well as Spring Garden Street which runs east-west directly into Center City (downtown). The proposed development will feature sweeping water vistas and skyline views. This is an ultra-prime, turnkey new development site in a transit-oriented location in The City's most prolific submarket for 2022+. Enquire within for permits, plans, pro forma (PPP).

Listing Agent

  1. Ryan McManus

    Ryan McManus

    Listing Agent

    Compass

Property Details for 50 Spring Garden Street

Tax ID Number
881000078
Ownership
Other
Condo Coop Association
Yes
HOA
No
Waterfront
No
Views
City, River
Garage
No
Cross Street
FRONT STREET

Location

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LISTING UPDATED: 11/23/2022 06:21 AM

Property Details for 50 Spring Garden Street

StatusActive
MLS #PAPH2181256
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.20 AC
CountyPhiladelphia County

Location

Add your commute

Building Information for 50 Spring Garden Street

Lot Size0.20 AC

Payment Calculator

$20,205 per month

30 year fixed, 6.49% Interest

Principal and Interest

$20,205

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Spring Garden Street

Location
    Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19123 (19123)
Waterfront / Water Access
    Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: DELAWARE RIVER
  • Water Body Type: River
  • Riparian Rights Y/N: No
  • Distance To Body Of Water: 210.00
  • Distance To Body Of Water Units: Feet
Association / Community Info
    Association / Community Info
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
    Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: CMX4
  • Automatically Update Tax Values Y/N: No
Lease Information
    Lease Information
  • Lease In Effect: false
Lot / Land Information
    Farm Information
  • Farm Land Preservation Y/N: No
    Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 170.00 X 62.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Building Sites: 1.00
  • Current Use: Other
  • Location Type: Downtown
  • Parcel ID: 25343901
  • Additional Parcels: No
Utilities
    Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 50 Spring Garden Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 50 Spring Garden Street

This home is within Philadelphia City School District.
RatingSchoolTypeGradesDistance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
RatingSchoolDistance
General Philip Kearny
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Bodine William W High School
Public9 to 12

Constitution High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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50 Spring Garden Street is a 0.20 ac of land for sale in Philadelphia, PA 19123. This property was listed for sale on November 22, 2022 by Compass at $3,999,999. This listing's school district is Philadelphia City School District. Nearby schools include General Philip Kearny, Franklin Benjamin High School and Bodine William W High School. 50 Spring Garden Street is a 0-bed, 0-bath, 0.20 ac of land on a 8,500 sq. ft. / 0.20 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.