17-23 S 52nd St, Philadelphia, PA 19139

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
17-23 S 52nd St,Philadelphia, PA 19139
$1,875,000
  • 46 Beds
  • - Baths
  • 28,609 sq. ft.
  • Multi-family
  • Active
Listed by: christopher b nelson
Office: genstone realty
MLS#:PAPH2679430
Source:BRIGHTMLS

Price summary

  • Price:$1,875,000
  • Price per sq. ft.:$65.54

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...

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Home facts

  • Year built:1920
  • Subdivision & Development:WEST PHILADELPHIA
  • Listing ID #:PAPH2679430
  • Added:3 day(s) ago
  • Updated:October 13, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:46
  • 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:$1,875,000
  • Price per sq. ft.:$65.54
  • Tax amount:$68,168 (2025)

Parking

  • Parking description:On Street

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