Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Property Description

Built with desirable design features such as large, flexible floor plates, tall ceiling heights, and large windows, the Property benefits from a variety of flexible redevelopment opportunities, including residential condominiums or apartments, and/or hospitality /short-term stay uses, that capitalize on the building’s classic architecture and location. Furthermore, the Property is zoned CMX-5, which is Philadelphia’s most flexible and densest zoning classification. CMX-5 zoning allows for the development of 1,200% FAR, with an additional 800% of FAR for a Max FAR of 2,000%. CMX-5 zoning allows for a multitude of uses including, but not limited to multifamily, hospitality, office, and retail, providing maximum flexibility and future potential for success.

Investment Highlights

105 S. 7th Street is located in Philadelphia’s historic and affluent Washington Square neighborhood, presenting an investor with the opportunity to completely reposition and transform the building into one of Philadelphia’s preeminent luxury residential or hospitality assets.
Last Updated Date: 13 May 2020
Fran Coyne
Fran Coyne
Director, Capital Markets
License details
NJ-1644326 PA-RS320537
Mark Thomson
Mark Thomson
Senior Managing Director, Philadelphia Office Co-Head
License details
DE-RS0019034 MD-5000570 PA-RS292417

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Last Updated Date: 13 May 2020

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