2449-55 North Second: Fully-entitled multifamily development site in the Kensington QOZ (Opportunity Zone) with no affordable requirement (pure market rate housing). 5 storeys along the bustling Second Street corridor will create a commanding neighborhood presence. ±18,000 SF proposed building with 15 residential units (700-800 avg/SF per unit) + 1 commercial space with ±1800 SF. Ideal and efficient unit mixture and building composition: 8- (2) bed (2) bath; 4- (2) bed (1.5) bath; 3- (1) bed (1) bath. Shared rooftop access via elevator provides residents with unobstructed skyline views. Walkable to Philly’s best restaurants, cafes and bars in Fishtown along the Front Street and Frankford Avenue commercial corridors. 8-minute walk to York-Dauphin Septa train station on the Market-Frankford El. Permits and plans included at sale. 10 year tax abatement. Designed by reputable local architectural practice KCA.
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