1222 N 2nd St

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Address: 1222 N 2nd St, Philadelphia, PA 19122, USA

New York & Tri-State + Apartment Buildings

Created date: July 10, 2024

Date last updated: September 9, 2024

$2.48M Stabilized NOI
10 Year Tax Abatement, pay no taxes on improvements until 2035
Brand New Construction
On border of Northern Liberties and Olde Kensington
25 covered parking spots
9,570 sf of commercial space

Property Description

Hilco Real Estate is pleased to present the opportunity to acquire a recently completed Class A Multifamily property located in the Northern Liberties neighborhood of Philadelphia. The property was just completed and received its Certificate of Occupancy in April of 2024. Offering a mix of 71 rental units and 9,570 square feet of commercial space plus underground parking, the Corner 2nd Apartments offer an investor the opportunity to add to an existing portfolio or break into the hot Northern Liberties neighborhood.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$45,000,000
No. of Units:	71
Year Built:	2024
Lot Size:	0.57 Sq ft
Opportunity Zone:	No
Price per unit:	$633,803
Property Website	Click Here