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Request Info$2,250,000
ACTIVE
17-23 S 52ND STREET Overview
- Time on Site:
- 13 days
- Visits:
- 3
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 City. This is a unique opportunity to reposition a landmark-scale property in one of Philadelphia's most transit-oriented corridors.
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17-23 S 52ND STREET Facts & Features
- Type Multi-Family
- Sq. ft. 28,609
- Price/Sq.ft. $79
- Lot 0.09 Acres
Details
General
Listing Information
- Real Estate Owned: Yes
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 28609
- Year Built: 1920
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19139 (19139)
- Subdivision Name: WEST PHILADELPHIA
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 29993.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 38175.00
- Tax Annual Amount: $68,168.00
- Tax Assessed Value: 4869900.00
- Tax Year: 2025
General Information
- Property Condition: Major Rehab Needed
- Property Sub Type: Other
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Bank Owned/REO
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: CMX25
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: None
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Detached
Building Interior
- Above Grade Finished Area: 28609
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Other
General Information
- Accessibility Features: Elevator
- Cooling: None
- Fireplace: No
- Foundation Details: Slab
- Heating: None
- Living Area: 28609
- Living Area Source: Assessor
- Stories Total: 7
Unit Information
- One Bedroom Units Count: 1
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Features: Corner
- Lot Size Dimensions: 61.00 x 67.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 3920.40
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Other
- Construction Materials: Masonry
General Information
- Number Of Units Total: 1
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
17-23 S 52ND STREET Neighborhood
Community
19139 (PHILADELPHIA) Demographics
34
Median Age
25,517
Population Density (per sq. mile)
24%
College Educated
$30,490
Estimated Median Income
7,517
Estimated Total Home Owners
10,667
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
17-23 S 52ND STREET Monthly Cost
17-23 S 52ND STREET Market Data
Based on the last 30 days in this zip code
$196,722
Average List Price
$141
Average Price per Square Foot
16
Properties Sold
113
Average Days on Market
215
Properties for Sale
17-23 S 52ND STREET History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: BRIGHT MLS | June 17, 2026 |
|
| 6/11/2026Source: BRIGHT MLS | June 11, 2026 |
Listing provided courtesy of Genstone Realty- MLS# PAPH2638114
Contact Information: 4844601545
Contact Information: 4844601545