$3,500,000

Estimated payment $18,989/month

-- Bed
-- Bath
40,800 Sq Ft
$86 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Heating Available
  • 3-minute walk to Veterans Playground
  • Multiple cooling system units

About This Home

We are pleased to present the exclusive offering of 701 W York Street, a 43,035 SF adaptive reuse project
in Philadelphia. This property is a vacant former school under conversionv into a 40-unit multifamily development. Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers, offering investors a robust foundation on which to complete and stabilize the project. The property is fully entitled, with Building Permits approved for Level III interior alterations. It is offered “as-is” at $3,500,000 | $81 PSF, representing an opportunity to acquire a partially completed project with significant upside through completion, lease-up, and subsequent refinancing. Originally constructed in 1910 as St. Edward the Confessor School, the building’s enduring masonry facade and institutional character provide a distinctive architectural presence—positioning the redevelopment to blend historic charm with modern multifamily living.

Listing Agent

Saam Tashayyod

(610) 742-9837 saam@trophycommercial.com Trophy Commercial Real Estate LLC License #RM425803 Listed on: 10/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,598

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 78.00 x 150.00

Parking

  • On-Street Parking

Home Design

  • 40,800 Sq Ft Home
  • Masonry

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Electric Water Heater
  • Public Septic
  • Private Sewer

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 777404550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,598

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 40800
  • Living Area Sq Ft: 40800
  • Price Per Sq Ft: 85.78
  • Above Grade Finished Sq Ft: 40800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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 Type: Central A/C, Multi Units
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer, Public Septic
  • Water Source: Private

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 78.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14212.00
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4255.00
  • Tax Annual Amount: 7598.00
  • Assessor Parcel Number: 777404550
  • Tax Lot: 137
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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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 $7,598 $542,800 $152,000 $390,800
2024 $7,598 $542,800 $152,000 $390,800
2023 $7,598 $542,800 $152,000 $390,800
2022 $7,598 $542,800 $152,000 $390,800
2021 $7,598 $0 $0 $0
2020 $7,598 $0 $0 $0
2019 $7,598 $0 $0 $0
2018 $7,598 $0 $0 $0
2017 $7,139 $0 $0 $0
2016 $7,139 $0 $0 $0
2015 $6,834 $0 $0 $0
2014 -- $510,000 $142,100 $367,900
2012 -- $8,000 $1,280 $6,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $3,500,000 -- $86 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Guaranteed Land Abstract Llc
Deed $600,000 Guaranteed Abstract Corporat
Deed $230,000 None Available
Deed $335,000 None Available
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2553580

Bright MLS

APN: 777404550