17-23 S 52ND ST, Philadelphia, PA 19139
17-23 S 52ND ST, Philadelphia, PA 19139
17-23 S 52ND ST, Philadelphia, PA 19139
17-23 S 52ND ST, Philadelphia, PA 19139
17-23 S 52ND ST, Philadelphia, PA 19139
17-23 S 52ND ST, Philadelphia, PA 19139
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Reamie Tabin

Reamie Tabin

+1(757) 828-8035
Listed by Christopher Nelson • Genstone Realty
$ 2,100,000
Est. payment | /mo

28,609 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

28,609 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 28,609 sqft

Price per Sqft $73

Subdivision West Philadelphia

MLS Listing ID PAPH2638114

Style Other

Abv Grd Liv Area 28,609

Year Built 1920

Annual Tax Amount $68,168

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 61.00 x 67.00

Property Sub-Type Detached

Source BRIGHT

Property Description

The Parke Building presents a rare redevelopment opportunity in the heart of West Philadelphia's rapidly evolving 52nd Street corridor. Positioned prominently on the southeast corner of 52nd & Ludlow, this seven-story mixed-use building offers approximately 28,609 square feet on a corner lot with 61 feet of frontage and is located within a Qualified Opportunity Zone. Currently in shell condition, the property still showcases remnants of its original 1920s architectural character while providing a blank canvas for a visionary developer. The property is zoned CMX-4 and includes a use permit for a 46-unit apartment project, creating significant upside potential in a location surrounded by public transportation, neighborhood commerce, and ongoing investment. The rooftop delivers sweeping 360-degree views, including striking views of the Center City skyline, while SEPTA's 52nd Street Market-Frankford Line station sits just steps away, offering direct access to Center City and University City. This is a unique opportunity to reposition a landmark-scale property in one of Philadelphia's most transit-oriented corridors.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX25

Interior

Hot Water Other

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

View City

Accessibility Elevator

Garage N

Private Pool No

Building

Lot Description Corner

Foundation Slab

Above Ground Finished SqFt 28609

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 883377010

Ownership Fee Simple

SqFt Source 28609

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Bank Owned/REO

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

Reamie Tabin
Reamie Tabin

Team Lead | License ID: 0225241654

+1(757) 828-8035 | reamie.tabin@exprealty.com

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17-23 S 52ND ST

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