1823-46 Germantown Avenue, Philadelphia, PA 19122

89 Unit Development Site

Investment Overview

Trophy Commercial Real Estate LLC is pleased to offer the opportunity to acquire 1832-46 Germantown Avenue, a ground-up development project located in the Norris Square neighborhood of Philadelphia.

This development is set to be a landmark in the area, with the project already securing a zoning permit for a substantial build of 89 units within a 33,496-square- foot envelope. Ownership has attained unapproved schematic designs, which feature 34 parking spaces, 4,531 square feet of amenity spaces as well as 4,759 square feet of storage space. Additionally, the schematic plan calls for 1,879 square feet of commercial space and a communal rooftop deck. Delivered with zoning permits, the purchaser will need to obtain building permits.

Strategically located just off Berks Street, 1832 Germantown Avenue leverages its location in a neighborhood experiencing rapid gentrification, with new developments progressively moving northward from Fishtown and Northern Liberties, embedding it within the dynamic and evolving Norris Square community. Its transit-oriented location ensures unparalleled convenience, positioned only two blocks from SEPTA Berks Street station and close to Interstate-95. This connectivity provides effortless access to Center City, Philadelphia, and its surrounding suburbs.

1832-46 Germantown Avenue | Norris Square Neighborhood

  • 89 Total Buildable Units | 18 Affordable Units

  • 33,496-Square-Foot Lot | 96,923 Buildable Square Feet

  • Urban Renewal | Developmental Expansion from Fishtown & Northern Liberties

  • Transit Oriented | Two Blocks from SEPTA Berks Street Station

  • Arterial Access | Close Proximity to Interstate-95

Offering Price: $2,275,000

Price Per Buildable Unit: $25,561

Price Per Square Foot: $67

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