2213-15 North Broad Street

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2213-15 North Broad Street

Philadelphia, PA 19132
Asking Price
$7.25M
Asset Type
Residential Land
Class
Class B

What's Special

Land 4750sf | North Broad QOZ <p><span style="color: rgba(0, 0, 0, 1)">Qualified Opportunity Zone development site delivered fully approved and entitled for a 17-unit mixed-use project in Philadelphia’s rapidly transforming North Broad corridor. The proposed ±18,400 SF boutique building features an elevator, resident lounge, ground-floor commercial space, and a rooftop terrace with panoramic Center City skyline views. Positioned directly on North Broad Street and within Temple University’s main campus, the site benefits from

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NOI
$80,000
Cap Rate
1.10%
DSCR
0.19
Underwater
Cash-on-Cash
-16.11%
Monthly Payment
$35,869.044
Annual Cash Flow
$-350,428.531

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