This Multifamily Property is no longer advertised on LoopNet.com.

1130-1154 N Delaware Ave
Philadelphia, PA 19125
Rope House Fishtown · Multifamily Property For Sale · 182 Units

Investment Highlights

  • Approved Zoning: 249 Apartment Units with 49 Parking Spots
  • Tax Abatement: 10-Year Real Estate Tax Abatement Available
  • Waterfront Views: Outstanding Rooftop Water Views of Penn Treaty Park and the Delaware River
  • Development Opportunity: Break Ground in 2020
  • Qualified Opportunity Zone: Utilize Realized Capital Gains to Erase Tax Obligations
  • Significant Barriers to Entry: Last Remaining Available Site of this Density for Development in Fishtown

Property Facts

No. Units 182
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 4.62 AC
Building Size 147,925 SF
No. Stories 7
Year Built 2025
Parking Ratio 0.17/1,000 SF
Zoning CMX-3 - CMX-3 districts accommodate community- and region-serving retail and services, with a broader range of uses than CMX-1 and CMX-2 districts

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Pantry

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Tenant Controlled HVAC
  • Roof Terrace
  • Lounge
  • Pet Washing Station
  • Public Transportation
  • Smoke Detector

About 1130-1154 N DELAWARE AVE , PHILADELPHIA, PA 19125

Fishtown is a vibrant, dynamic neighborhood with strong working-class roots and a compelling sense of community. Much of what defined Fishtown in the past is still valued by the neighborhood. Residents cite its character, community-mindedness, and small-neighborhood feel as some of the best things about Fishtown, adding that its walkability, access to Center City and other urban amenities to include its restaurant, bar and small business scene draw new residents and rapid commercial and residential growth. Fishtown is in the throes of full-blown renaissance. Fishtown 2.0 unofficially got underway in 2003, when Johnny Brenda’s, a bar/restaurant/live music venue, opened. Since then countless indie businesses, as well as real estate speculators, transplanted to the neighborhood in the following decade, creating a vibrant area that celebrates its past while moving forward. An influx of bars, restaurants, music venues, studios and galleries have integrated into the neighborhood. Across all budgets and tastes, there is no shortage of great dining in Fishtown. The majority of restaurants cluster on Frankford and Girard Avenues, with some, like Philly Style Bagels tucked into the residential side streets. Some of the top restaurants in Fishtown include: Frankford Hall (Stephen Starr’s German beirgarten); Fette Sau (Stephen Starr’s highly-acclaimed BBQ); Wm Mulherin’s Sons; Johnny Brenda’s; LaColombe (flagship café); Memphis Taproom; Garage; Loco Pez; Barcade; Root; Ken-sington Quarters; Front Street Café; and Philadelphia Brewing Co.

  • Listing ID: 18137677

  • Date on Market: 1/9/2020

  • Last Updated:

  • Address: 1130-1154 N Delaware Ave, Philadelphia, PA 19125

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