2740 Amber St

Philadelphia PA 19134

0.69 ac.

Land

Currently for sale - view listing

Overview

-- Fully-Approved Development Site: Approvals in Place for 132 Residential Units, 47 Parking Spaces; 58 Bike Stalls, Rooftop Deck and On-Site Gym-- Tax Abatement: Step Down 10-Year Real Estate Tax Abatement -- Highly Visible Location: Situated Just Off Frankford Avenue with Frontage on E. Silver Street , E. Seltzer Street and Amber Street-- Rapidly-Gentrifying Neighborhood: New Developments Pushing Northward from Fishtown and Northern Liberties into Kensington -- Transit-Oriented Location: Minutes from SEPTA Market-Frankford Line and Interstate-95-- Access to Best-in-Class Amenities: Proximity to Acclaimed Cafes, Bars, Restaurants and Shops in Fishtown and Northern Liberties2740 Amber Street is a rare opportunity to acquire an approved 132-unit development site in an area that is rapidly transforming. The subject site is located just off of the Frankford Avenue commercial corridor and is surrounded by development that has spilled over from Philadelphia’s trendiest neighborhood, Fishtown. 2740 Amber Street is a transit-oriented development site located only 0.3 miles from the Market-Frankford Line subway station, steps away from major bus routes, and a short drive from the Interstate 95 on ramp. The site is also surrounded by amenities such as restaurants, grocery stores, boutiques, bars, artisan co-working spaces, offices, gyms, and child care centers. The approved building features a unit mix of one and two bedroom units along with 47 automobile parking spaces, 58 bicycle stalls, a rooftop deck with Center City skyline views, and an on-site gym. The site is being offered at one of the most attractive prices per unit in all of Philadelphia, and will see extreme appreciation as the surrounding parcels continue to be developed.