2001 Frankford Avenue 5 Philadelphia, PA 19125
Listing Courtesy of: BRIGHT IDX / Keller Williams Liberty Place

  2001 Frankford Avenue 5 Philadelphia, PA 19125

Pending (132 Days)
$3,000,000

Description

$1M price reduction: The Fishtown Portfolio presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties at a substantial discount to replacement cost in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. Signed lease for ground floor commercial (bar concept) — all apartments leased. 2001 Frankford = 8 apts + 2x commercial. Vacant ground floor commercial (to be built out once tenant's procured) — apartments in punchlist/lease up phase. 240 E Girard = 9 apts + 2x commercial. White box commercial space — apartments in lease up. These assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 8.4% pro forma cap rate. 10 year tax abatement. Seize the rare opportunity to acquire trophy addresses in Philly's hottest submarket.***PORTFOLIO SALE; 3 BUILDINGS ON OFFER (2301 FRANKFORD, 2001 FRANKFORD, 240 E GIRARD). USE SELLER'S PREFERRED TITLE COMPANY TO ENSURE SMOOTH SETTLEMENT PROCESS. TAXES, SF, FINANCIALS TO BE INDEPENDENTLY VERIFIED IN DUE DILIGENCE.

MLS #:
PAPH2421770
Taxes
$14,242(2024)
Lot Size
6,169 SQFT
Type
Multifamily
Year Built
2024
Style
Contemporary
School District
Philadelphia City
County
Philadelphia County

Listed By

Ryan J McManus, Keller Williams Liberty Place
Source
BRIGHT IDX
Last checked Aug 11 2025 at 2:59 AM GMT+0000
Bathroom Details
Lot Information
  • Corner
Property Features
  • Above Grade
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Central
  • Central A/C
Basement Information
  • Other
Flooring
  • Luxury Vinyl Plank
Exterior Features
  • Masonry
  • Roof: Fiberglass
Utility Information
  • Sewer: Public Sewer
  • Fuel: Central
Living Area
  • 9,120 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 17, 2025
Price Changed
$3,000,000
-10%
-350,000
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/10/25 19:59