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2414 Frankford Ave
Philadelphia, PA 19125 Kensington

$2,350,000 USD

Apartments For Sale • 2,400 SF

Property Details

Property Type Apartments
Total Building Size 2,400 SF
Lot Size 0.04 AC
Building Class B
Year Built 2022
Cap Rate 6.13 %
Zoning CMX-2

69 Transit Score

88 Walk Score

                
                    Highlights
                
                                29' FRANKFORD AVENUE FISHTOWN FRONTAGE
                            
                                NEWLY CONSTRUCTED MULTIFAMILY BUILDING
                            
                                BOUTIQUE APARTMENT PROPERTY
                            
                                10YR TAX ABATEMENT
                            
                                HIGH-DEMAND LOCATION/AMENITY RICH SUBMARKET

Cap Rate:

6.13 %

Major Tenants

Tenant	SF Occupied	Lease End Date
The Philadelphia Barber Co.	796 SF	10/7/2032

Amenities

Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Temple University (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	6 min	-	1.5 mi
North Broad (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail))	6 min	-	2.0 mi
Transit/Subway	Drive	Walk	Distance
York-Dauphin (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	2 min	9 min	0.5 mi
Berks (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	3 min	12 min	0.6 mi
Huntingdon (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	3 min	12 min	0.6 mi
Richmond and Cumberland (Route 15 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	9 min	16 min	0.8 mi
Somerset (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley))	4 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Philadelphia International	24 min	-	14.1 mi
Trenton Mercer	47 min	-	31.4 mi

Ryan McManus 610-606-1095 Keller Williams Liberty Place

2414 Frankford Ave Philadelphia, PA 19125 Kensington