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$7,000,000
35 Days Online

2046 E Lehigh Avenue
Philadelphia, PA 19125

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2022
Built
Subdivision:
East Kensington
County:
Philadelphia

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215-382-7368
2046 E Lehigh Avenue2046 E Lehigh Avenue2046 E Lehigh Avenue2046 E Lehigh Avenue
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On behalf of Ownership, the McCann team is pleased to present the amazing opportunity to acquire 2046 E. Lehigh Avenue, home of The Penn Reading. Currently under construction, this gorgeous new development features 21 luxury residential units consisting of 1 and 2-bedroom apartments, as well as a 965-square-foot expansive street-level commercial space. The building features a striking curved facade and a beautiful green rooftop offering panoramic views of the Philadelphia skyline. The Penn Reading is located on the corner of Lehigh Ave & Frankford Ave in East Kensington just a few blocks from the heart of Fishtown. Situated near an abundance of public transportation with various bus routes, trolley lines, and the Market-Frankford line within walking distance. The project boasts top-of-the-line finishes and is uniquely positioned in the path of growth and poised to see significant rent increases in the proceeding years. The Penn Reading provides investors a rare opportunity to purchase a new construction development that offers significant rental upside with no capital improvements required. This is an exceptional opportunity for investors seeking QOZ benefits pre-CO. Taxes and square footage is the responsibility of the buyer to have verified.

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Listing Snapshot
Price 
$7,000,000
Days Online 
35 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
2022
MLS Number 
PAPH2152948
Status 
Active
Property Tax 
$2,796
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS
a month agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Construction Materials 
Masonry
Zoning 
CMX25
Interior Features
Heating 
Forced Air
Cooling 
Central A/C
Central Air 
Yes
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Community Features
Accessibility Features 
None
Listing courtesy of Keller Williams Philly

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The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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