346 W Queen Lane
Philadelphia, PA 19144
- – beds
- – baths
- – sqft
- 4,380 sqft lot
QUEEN'S COMMONS: Zoning-approved multifamily development opportunity in NWPHL (Northwest Philadelphia), straddling two (2) in-demand neighborhoods: East Falls and Germantown. This value engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±19,697 SF with ground floor commercial space, storage, fitness center, amenity space and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent site benefits from 52’ of frontage totaling roughly ±4,380 SF or prime urban land. Easy access to East Falls borough amenities, breweries, shops and restaurants, as well as Queen Lane Septa Station (regional rail), Germantown Cricket Club, Germantown Friends School, William Penn Charter School and Thomas Jefferson University, as well as downtown Germantown. Purchase this approved real estate in a Top-10 USA MSA today and plant your company’s flag in PHL. Enquire within for PPP (pro forma, permits, plans). 10 year tax abatement-eligible. Pay taxes on assessed land value for 10 years rather than the improvements (21 unit building). This area is poised for above-average rent growth and appreciation and is surrounded by progressive new development in every direction. Make your move.
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Last updated Nov 7, 2024
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MLS# PAPH2416546 —
The Building
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Historic:No
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:BETWEEN MORRIS AND PULASKI.
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Cross Street:MORRIS
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Latitude:40.02552032
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Longitude:-75.17479706
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Location Type:Urban
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Estimated
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Lot Size Dimensions:0.0 x 0.0
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Lot Dimensions Source:Estimated
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Lot SqFt:4,380 Sqft
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Additional Parcels:No
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Zoning:CMX25
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View:City
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:Y30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 606-1095
- Office phone:
- (609) 399-5454
Taxes
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Tax ID Number:123121305
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Tax Year:2025
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Tax Lot:97
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Tax Annual Amount:$2,394
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Tax Assessed Value:$118,500
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Year Assessed:2023
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School Tax:910.0
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City/Town Tax:748.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:East Falls
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/4/24
Nov 4, 2024
|
Listed / Active | BRIGHT | $699,999 |
