SQUARE FEET40,800
MLS#PAPH2553580
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
We are pleased to present the exclusive offering of 701 W York Street, a 43,035 SF adaptive reuse project in Philadelphia. This property is a vacant former school under conversionv into a 40-unit multifamily development. Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers, offering investors a robust foundation on which to complete and stabilize the project. The property is fully entitled, with Building Permits approved for Level III interior alterations. It is offered “as-is” at $3,500,000 | $81 PSF, representing an opportunity to acquire a partially completed project with significant upside through completion, lease-up, and subsequent refinancing. Originally constructed in 1910 as St. Edward the Confessor School, the building’s enduring masonry facade and institutional character provide a distinctive architectural presence—positioning the redevelopment to blend historic charm with modern multifamily living.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C, Multi Units
Fuel Type: Electric
Lot Size: 0.33 Acres
Taxes: $7,598
Year Built: 1965
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.33 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 20
Sewer: Private Sewer, Public Septic
Structure Type: Other
Studio Efficiency Units: 40
Two Bedroom Units: 20
Units: 1
Water: Private
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Trophy Commercial Real Estate LLC
Agency Phone: 2156085745
Shown By
Agent Name: The Jesse Hersh Team
Agent Phone: (717) 475-0378
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 9,443.48 per month $7,789.48 Principal & Interest $633.17 Property Tax $1,020.83 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
701 W York Street | MLS# PAPH2553580
This multi-family property located at 701 W York Street, Philadelphia, PA 19133 is currently listed for sale with an asking price of $3,500,000. W York Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.jessehershteam.com today.