$695,000
OPEN SAT 11:30AM - 2PM NEW CONSTRUCTION

Estimated payment $3,876/month

Total Views 1,212
4 Beds
3 Baths
3,347 Sq Ft
$208 Price per Sq Ft

Highlights

  • Hot Property
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • New Construction
  • No HOA
  • 4-minute walk to Ralph Brooks Park

About This Home

2032 Reed Street | A Luxurious New Construction with Skyline Views & 10-Year Tax Abatement in Newbold / Point Breeze

Welcome to 2032 Reed Street, a stunning 4-bedroom, 3-bathroom new construction home with 3,000 square feet of living space in one of Philadelphia’s most vibrant and convenient neighborhoods.
This home offers an open-concept design with wide-plank hardwood floors, a floating staircase with black metal railings, and a custom wood accent wall surrounding the electric fireplace.
At the heart of the home is a designer kitchen with quartz countertops, a full-height tile backsplash, two-tone shaker cabinetry, brass hardware, and premium stainless steel appliances. A large island anchors the space and is enhanced by stylish pendant lighting.

Each of the three full bathrooms showcases high-end finishes, floor-to-ceiling tile, and frameless glass showers. The spa-inspired primary bathroom boasts a natural wood, double vanity with a black marble top and brushed gold hardware. And the showpiece, a massive private roof deck with unobstructed 360 views of the Center City skyline. The perfect oasis for entertaining, relaxing, or taking in stunning sunsets and fireworks displays.

Other highlights include:

Listing Agent

Andre Quain

KW Empower Listed on: 07/21/2025

KW Empower

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $361

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 960 Sq Ft Lot
  • Lot Dimensions are 16.00 x 60.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Masonry

Interior Spaces

  • 3,347 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Newbold Subdivision

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 363006400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$361

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Upper 1, Upper 2
  • Year Built: 2025
  • Remarks Public: 2032 Reed Street | A Luxurious New Construction with Skyline Views & 10-Year Tax Abatement in Newbold / Point Breeze Welcome to 2032 Reed Street, a stunning 4-bedroom, 3-bathroom new construction home with 3,000 square feet of living space in one of Philadelphia’s most vibrant and convenient neighborhoods. This home offers an open-concept design with wide-plank hardwood floors, a floating staircase with black metal railings, and a custom wood accent wall surrounding the electric fireplace. At the heart of the home is a designer kitchen with quartz countertops, a full-height tile backsplash, two-tone shaker cabinetry, brass hardware, and premium stainless steel appliances. A large island anchors the space and is enhanced by stylish pendant lighting. Each of the three full bathrooms showcases high-end finishes, floor-to-ceiling tile, and frameless glass showers. The spa-inspired primary bathroom boasts a natural wood, double vanity with a black marble top and brushed gold hardware. And the showpiece, a massive private roof deck with unobstructed 360° views of the Center City skyline. The perfect oasis for entertaining, relaxing, or taking in stunning sunsets and fireworks displays. Other highlights include:
  • Special Features: 3
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3347
  • Living Area Sq Ft: 3347
  • Price Per Sq Ft: 207.65
  • Above Grade Finished Sq Ft: 3347
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2032

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 202.00
  • Tax Annual Amount: 361.00
  • Assessor Parcel Number: 363006400
  • Tax Lot: 163
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $361 $195,900 $39,180 $156,720
2024 $361 $195,900 $39,180 $156,720
2023 $361 $174,400 $34,880 $139,520
2022 $361 $25,800 $25,800 $0
2021 $361 $0 $0 $0
2020 $361 $0 $0 $0
2019 $361 $0 $0 $0
2018 $361 $0 $0 $0
2017 $361 $0 $0 $0
2016 $361 $0 $0 $0
2015 $346 $0 $0 $0
2014 -- $76,400 $9,600 $66,800
2012 -- $2,752 $1,075 $1,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $695,000 +327.7% $208 / Sq Ft
05/04/2022 05/04/22 Sold $162,500 -9.7% $142 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $179,900 -- $157 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $162,500 Knights Abstract
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Construction
Source: Public Records

About the Listing Agent

Andre Quain

KW Empower

(877) 461-4926

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André is a Philadelphia native who has been in the real estate business for nearly a decade. He has a great appreciation and understanding for Philadelphia’s diversity, culture, and architectural integrity, and his vast knowledge of each neighborhood is what makes him excel in matching people with properties.
Andre’s passion for his city and his drive to restore and maintain its deep history, has led him to purchase, renovate, rent and sell his own properties throughout the area. Having

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Source: Bright MLS

MLS Number: PAPH2518732

Bright MLS

APN: 363006400