1252 54 N 52nd Street
Philadelphia, PA 19131
- – beds
- – baths
- – sqft
- 1,581 sqft lot
New Development Opportunity! 1252-54 N 52nd St, a new construction, mixed-use (6 residential units over 1 commercial unit) fully permitted, development opportunity is now available in the quickly revitalizing Mill Creek Neighborhood of Philadelphia, Pennsylvania. This future 9.6K+ SF development features 6 units over almost 2K SF of commercial space. The new development will be perfectly designed for professionals, students and long term residents and allow for a new or existing business to grow on the fast revitalizing 52nd St corridor. Secure the coveted partial 10-year tax abatement as well as the Qualified Opportunity Zone Tax Benefit when you buy and build. The QOZ tax incentive allows for (10 year tax deferral on the respective capital gains. A 15% tax reduction on those capital gains when they are taxed in the 10th year. Tax free growth on the opportunity investment as long as the investment is held for 10 years.) The opportunity allows for strong rental demand, asset appreciation and growth forecast for years to come in West Philly. Be a part of the transformational work the The Enterprise Center is doing along N 52nd St as part of their Mainstreet Revitalization Plan. In addition, the site is walkable to stunning Fairmount Park and the Philadelphia Zoo, a short drive to restaurants and bars on 52nd St, 48th St and Baltimore Ave. This submarket is exploding with new rehabs fueled by the healthcare, business and education sectors as revitalization efforts head north from Market Ave and East from UCity. There are new construction comps available. Inquire within for Building financials, Pro forma financials and a full list of Permits and Entitlements. Buy and build today!
Last checked:
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Last updated May 6, 2025
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MLS# PAPH2477384 —
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:William H. Gray III 30th Street 2955 Market St, Philadelphia, PA 19104 Get on I-76 W 37 sec (0.3 mi) Continue on I-76 W. Take W Girard Ave to W Thompson St 9 min (2.7 mi) Follow W Thompson St to N 52nd St 2 min (0.4 mi) 1252 N 52nd St Philadelphia, PA 19131
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Latitude:39.95880000
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Longitude:-75.22533000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot Size Dimensions:17.00 x 93.00
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Lot Dimensions Source:Estimated
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Lot SqFt:1,581 Sqft
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Additional Parcels:Yes
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Additional Parcels:1254 N 52nd St
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Zoning Description:Multifamily, Mixed-Use
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Zoning:CMX2
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Waterview:No
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Building Permits:On Hand
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:SC
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 641-4276
- Office phone:
- (267) 318-7080
Taxes
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Tax ID Number:885530280
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Tax Year:2023
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Tax Annual Amount:$331
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Tax Assessed Value:$23,700
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Year Assessed:2023
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School Tax:182.0
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City/Town Tax:149.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/1/25
May 1, 2025
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Listed / Active | BRIGHT | $325,000 |
