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$139,000

1601 S NEWKIRK STREET, PHILADELPHIA PA, 19145

Price per sqft$159.59
Lot size0.02 Acres
Property typeLand

Overview

Active

Active-bright

Listed May 26, 2026

Updated 2 days ago

This prime urban land parcel, encompassing 0.02 acres, presents a unique investment opportunity in a rapidly developing area. The property is strategically located in an urban setting, ensuring high visibility and accessibility, which are critical factors for maximizing potential returns. The lot offers a street view, enhancing its appeal for various development possibilities. Investors can capitalize on the increasing demand for urban properties, particularly in locations that support mixed-use developments, residential units, or commercial ventures. The urban location is conducive to attracting a diverse clientele, ensuring a steady stream of potential tenants or buyers. With the ongoing urban revitalization efforts in the vicinity, this property is poised for appreciation in value. The compact size of the lot allows for efficient development, minimizing overhead costs while maximizing the potential for high-density construction. Investors can explore various avenues, including residential, retail, or office space, aligning with market trends that favor urban living and working environments. This land parcel is not encumbered by additional parcels, simplifying the acquisition process and allowing for straightforward development planning. The absence of association fees and amenities further enhances the investment's attractiveness, providing flexibility in development choices without ongoing financial obligations. In summary, this urban land opportunity is ideal for investors seeking to leverage the growing demand for urban properties, with the potential for significant returns through strategic development.

Additional information

MLS® ID
PAPH2626308

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$1,622
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by KW Empower
Listing Contact: 2679156478 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/5/2026 at 3:21 PM UTC

 

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