PA > Philadelphia > Brewerytown
Philadelphia, PA 19121,2709 CECIL B MOORE AVE
Philadelphia, PA 19121,2709 CECIL B MOORE AVE
Philadelphia, PA 19121,2709 CECIL B MOORE AVE
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Adam Ferst

Adam Ferst

+1(202) 421-5500
$4,800,000
Est. payment /mo
21,169 SqFt
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UPDATED:

02/20/2025 01:58 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 21,169 sqft

Price per Sqft $226

Subdivision Brewerytown

MLS Listing ID PAPH2444144

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $3,601

Tax Year 2024

Lot Size 6,800 Sqft

Acres 0.16

Lot Dimensions 68.00 x 100.00

Property Sub-Type Five Or More Units

Property Description

INTRODUCING, "The Columbia," in Philadelphia, Pennsylvania. This brand new ±21,000 SF boutique apartment building is being offered as a turnkey investment property in a Top-10 USA MSA. The Columbia features eighteen (18) new construction apartments plus amenities: fitness center, elevator, private balconies, common roof terraces, wifi nook, bike room, smart lock technology, in-unit washer/dryer combos, deluxe fit + finish kits, and more. The Columbia offers modern and stylish architecture with high quality materials inside and out. Each unit has a spacious, well-lit open layout that creates a seamless flow between living, dining, and kitchen areas. With a variety of floorplans available and an average size of ±800 SF per apartment, The Columbia's units boast tremendous spatial quality inside each apartment home. Unit mixture: Six (6) 1bd x 1ba, eleven (11) 2bd x 2ba, and one (1) 3bd x 2ba apartments. Designed by KORE and built by GRIT (two of Philly's most reputable firms), The Columbia provides an attractive 6.8% cap rate and carries a full 10yr tax abatement. Minimal OPEX combined with above-average rent growth make The Columbia one of the most prime acquisition opportunities available in the Greater Philadelphia marketplace.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 881000993

Ownership Fee Simple

SqFt Source Assessor

Security Features Exterior Cameras

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ryan J McManus • Keller Williams Liberty Place

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agent

Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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