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David Cohen

417 N CHRIS COLUMBUS BOULEVARD 423

$13,000,000 417 N CHRIS COLUMBUS BOULEVARD 423, PHILADELPHIA, PA 19123
2 Acres on Waterfront In Prime Location
for Development
By-Right Development Potential
Pier25 is a by-right development site permitting a broad range of uses, including multifamily, for-sale residential, retail, office, and hotel. A recent highest-and-best-use analysis identifies multifamily residential with supporting commercial uses as the optimal development strategy. The property has also received prior development approvals, further enhancing its entitlement profile.

Compelling Investment Opportunity
Shifting demographic, cultural, and economic trends continue to favor urban, waterfront living, positioning Pier25 as a highly attractive long-term investment. The site offers a rare opportunity to acquire a prime waterfront parcel at today's market pricing, with significant upside potential as market conditions and demand drivers continue to strengthen. These fundamentals are expected to support sustained growth in residential and mixed-use development along Philadelphia's Central Waterfront.
  • For Sale
    Status

Features & Amenities

Area & Lot

  • Status: For Sale
  • Lot Size: 0.57 Acres
  • MLS® ID: PAPH2576266
  • Type: Land
  • Neighborhood: Old City - Society Hill
  • Water Frontage: River Front
  • View Description: Water, River
  • School District: PHILADELPHIA CITY

Exterior & Building

  • Water Source: Public
  • Lot Features: Waterfront
  • Sewer: Public Sewer

Financial

  • Sales Price: $13,000,000
  • Real Estate Tax: $36,376/yr
  • Zoning: CMX3
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417 N CHRIS COLUMBUS BOULEVARD 423

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