USAPAPhiladelphia2328 N 2Nd St
2328 N 2Nd St | Image 1
2328 N 2Nd St | Image 2
2328 N 2Nd St | Image 3
2328 N 2Nd St | Image 4
2328 N 2Nd St | Image 5
2328 N 2Nd St | Image 6
2328 N 2Nd St | Image 7

$11,999,999

For Sale

4 months ago

2328 N 2Nd St, Philadelphia, PA

House

MLS® PAPH2632920

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $1
Days Active 122
Lot Size 0.84 Acres
Approx. Age 2023
MLS® Number PAPH2632920

Property Address: 2328 N 2nd St, Philadelphia, PA, 19133-3303

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a newly constructed, institutionally finished mixed-use asset in one of Philadelphia's fastest-moving corridors positioned directly in the path of Fishtown's northward expansion. Delivered in 2023, 2328 North 2nd Street is a 33-unit, elevator-served apartment building with 3, 750 square feet of ground-floor commercial space, a rooftop deck and resident lounge, in-unit laundry in every apartment, and a 10-year, 100% improvement tax abatement. The residential component is 88% occupied and performing. Seventeen units operate under a corporate master lease with Live Work Stay LLC through July 2027 at modestly below-market rents providing consistent, institutionally structured income today with a built-in mark-to-market event in the near term. Market rents for 2-bedroom units in the building are $2, 150–$2, 400 per month; the path to stabilized NOI of $603, 000 annually is straightforward. The commercial component is 3, 750 square feet across two ground-floor retail suites. At stabilization, the income capitalization approach supports a value of $11, 075, 000. The offering includes four adjacent residentially zoned parcels (RSA-5) along North Philip Street, each measuring approximately 1, 441 square feet and conditionally approved for townhome development — four homes at approximately 2, 700 square feet each. Taxes and square footage is the responsibility of the buyer to verify independently.
MLS® NumberPAPH2632920
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2023
Basement
DrivewayPrivate Garage
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2026List Date
$11,999,999List Price
-End Date
Not Sold YetSold Price

For Rent

Oct 11, 2026List Date
$1,400List Price
  • Commute

Commute

Starting Address
Destination Address
2328 N 2Nd St, Philadelphia, PA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESS®SUCCESS® LendingeXp RevenoseXp CommercialeXp LuxuryeXp Land and RanchAccessibility
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved