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ActivePhiladelphia, PA, 19133
We are pleased to present the exclusive offering of 701 W York Street, a 43,035 SF adaptive reuse project in Philadelphia. This property is a vacant former school under conversionv into a 40-unit multifamily development. Ownership has completed extensive structural and framing upgrades, including the installation of steel beams and reinforced concrete dividers, offering investors a robust foundation on which to complete and stabilize the project. The property is fully entitled, with Building Permits approved for Level III interior alterations. It is offered “as-is” at $3,500,000 | $81 PSF, representing an opportunity to acquire a partially completed project with significant upside through completion, lease-up, and subsequent refinancing. Originally constructed in 1910 as St. Edward the Confessor School, the building’s enduring masonry facade and institutional character provide a distinctive architectural presence—positioning the redevelopment to blend historic charm with modern multifamily living.
Listed by: Saam Tashayyod, Trophy Commercial Real Estate LLC
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