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34417951
34417931

754 South 4th Street, Philadelphia, PA 19147 For Sale

AT
DE RS-0019885, NJ 680787 (+1)
Marcus & Millichap - Philadelphia
LB
PA RS355270
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia
Unpriced
2 days on market
Updated 2 days ago

754 South 4th Street

Details
Property Type Mixed Use
Square Footage 24,974
Net Rentable (SqFt) 24,974
Units 18
Lease Type NNN
Lease Expiration 01/31/2036
Rent Bumps Yes
Class A
Year Built 2025
Buildings 1
Acreage 0.150
Lease Commencement 02/01/2026
Ground Lease No
Sale Condition N/A

18 Units in Queen Village | Best in Class New Construction | 97 Walk Score Location

Marketing description

Marcus & Millichap is pleased to present 754 South 4th Street - A brand-new construction, 18-unit Class A mixed-use community situated on 4th Street between Fitzwater and Catharine Streets in the heart of Philadelphia’s highly desirable Queen Village neighborhood. Built in 2025, the property pairs 16 luxury residences with two ground-floor commercial spaces and immediate access to one of the city’s most historic, supply-constrained, and walkable rental corridors.

The residential unit mix is comprised of twelve 2-bedroom units and four 3-bedroom units – the apartments are very spacious - averaging approximately 911 square feet and were thoughtfully designed featuring large windows, chef-inspired kitchens with high-end stainless-steel appliances, custom cabinetry, expansive countertops, and in-unit washer/dryers. All units feature a private balcony. Building amenities include secured entry and elevator service, providing residents with a convenient and comfortable living experience befitting the neighborhood’s character.

As one of the few newly constructed, boutique assets in the immediate area, 754 South 4th Street offers a rare opportunity to acquire a stabilized, luxury mixed-use community in one of Philadelphia’s’ most coveted and stable rental markets. As one of Philadelphia’s most supply-constrained neighborhoods, Queen Village offers investors long-term stability and rent growth potential. Barriers to new development, due to historic preservation and limited land availability, further protect property values and support sustained rental demand.

Given 754 S 4th Street’s irreplaceable Queen Village location, institutional-quality construction, income-diversifying commercial component, and proximity to Center City, the property presents investors with an exceptional opportunity to acquire a best in class, trophy asset well positioned to deliver strong returns, sustained rent growth, & long-term appreciation.

Investment highlights

  • 2025 Construction | 18-Unit Class A Mixed-Use Community in the Heart of the Queen Village Neighborhood of Philadelphia
  • Full 10-Year Tax Abatement In-Place Through 2035
  • Excellent Unit Mix: Primarily 2 & 3 Bed Units Averaging Roughly 911 SF
  • Luxury Finishes: Stainless Steel Appliances, Chef-Inspired Kitchens, Custom Cabinetry, Expansive Countertops
  • Diverse Floor Plans: All Units Feature a Private Balcony
  • Brand New 10-Year Triple Net (NNN) Commercial Lease In-Place with Renewal Options
  • Unbeatable Location: Walk Score of 97; Vegan Restaurant, Yoga Co-Op, Coffee Shop, Sports Bar, Ice Cream Parlor, Dog Park, & the Famous 4th Street Deli are All Located Within 3 Blocks of the Property

Listing Contacts

AT
DE RS-0019885, NJ 680787 (+1)
Marcus & Millichap - Philadelphia
LB
PA RS355270
Marcus & Millichap - Philadelphia
Listed by Marcus & Millichap - Philadelphia

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