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29544715
29544716

2525 Frankford Ave, Philadelphia, PA 19125

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team
$2,225,000
124 days on market
Updated 32 days ago
Opportunity zone

2525 Frankford Ave — Forin Fishtown

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,500
Units 7
Occupancy 100%
Pro-Forma Cap Rate 6.47%
Price per SqFt $405
Class A
Year Built 2022
Buildings 1
Investment Type Stabilized

Multifamily | 7 Units | $317,857/unit

Marketing description

Introducing 2525 Frankford Avenue — a turnkey 7-unit investment property, prominently located with 36' of frontage on one of Philly's most recognizable streets — Frankford Avenue Fishtown. This fully-leased boutique apartment property features six (6) apartments over ground floor commercial space. The ±5500 SF, 3-storey building is comprised of six (6) 1bd x 1ba units atop 845 SF of destination retail space, leased long-term to Forin, a wildly popular "all-day cafe". Designed by Canno, the white-brick curb appeal emanates along the Frankford Ave corridor — surrounded by some of the city's best restaurants, retailers, cafes and bars. Factory styled oversized windows emit an overflow of natural light in the apartments coupled with slick kitchens and baths, European-inspired finishes, high ceilings, and laundry and storage for convenience. Purchase this irreplaceable multifamily building in a Top-10 USA MSA where extremely high barriers-to-entry exist — the top destination in the world to visit in 2026. 2525 Frankford boasts a completely walkable setting in Fishtown proper, with an abundance of amenities and conveniences available within a short stroll, such as: The Market-Frankford El train, Shake Shack, La Colombe, Kalaya, Forin, Suraya, LMNO, Goldie, City Fitness, Front Street Cafe, Middle Child Clubhouse, Laser Wolf, Wm. Mulherin's Sons, Pizzeria Beddia, Palmer Park, and more. Fishtown has become a locally-prized destination for top chefs, retailers and creators — and tenants alike. There is no shortage of residential demand in this coveted submarket. There are limited opportunities to invest in high-quality real estate in Fishtown due to its scarcity. High-growth rental submarket. 10yr tax abatement. Minimal OPEX.

Investment highlights

  • #1 DESTINATION TO VISIT IN THE WORLD IN 2026

  • FRANKFORD AVE FISHTOWN - MOST IN-DEMAND STREET IN PHL

  • TURNKEY MULTIFAMILY NEW CONSTRUCTION ASSET

  • LONG TERM GROUND FLOOOR DESTINATION RETAIL LEASE

  • 10 YR TAX ABATEMENT

Listing Contacts

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team

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Additional Information

Name
Agent PHL
License
Pennsylvania RS316262
Brokerage Phone
6106061095
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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