17-23 S 52nd St, Philadelphia, PA 19139
Local realty services provided by:ERA Central Realty Group
17-23 S 52nd St,Philadelphia, PA 19139
$2,250,000
- 1 Beds
- - Baths
- 28,609 sq. ft.
- Multi-family
- Active
Listed by: christopher b nelson
Office: genstone realty
MLS#:PAPH2638114
Source:BRIGHTMLS
Price summary
- Price:$2,250,000
- Price per sq. ft.:$78.65
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:PAPH2638114
- Added:10 day(s) ago
- Updated:June 27, 2026 at 04:36 PM
Rooms and interior
- Bedrooms:1
- Living area:28,609 sq. ft.
Structure and exterior
- Year built:1920
- Building area:28,609 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner, Urban
- Construction Materials:Masonry
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$78.65
- Tax amount:$68,168 (2025)
Parking
- Parking description:On Street
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