17 S 52nd St, Philadelphia, PA, 19139
About This Home
The Parke Building presents a rare redevelopment opportunity in the heart of West Philadelphia’s rapidly evolving 52nd Street corridor. Positioned prominently on the southeast corner of 52nd & Ludlow, this seven-story mixed-use building offers approximately 28,609 square feet on a corner lot with 61 feet of frontage and is located within a Qualified Opportunity Zone. Currently in shell condition, the property still showcases remnants of its original 1920s architectural character while providing a blank canvas for a visionary developer. The property is zoned CMX-4 and includes a use permit for a 46-unit apartment project, creating significant upside potential in a location surrounded by public transportation, neighborhood commerce, and ongoing investment. The rooftop delivers sweeping 360-degree views, including striking views of the Center City skyline, while SEPTA’s 52nd Street Market-Frankford Line station sits just steps away, offering direct access to Center City and University City. This is a unique opportunity to reposition a landmark-scale property in one of Philadelphia’s most transit-oriented corridors.
Getting Around
Walker's Paradise
Excellent Transit
Very BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1920
Materials
- Foundation: Slab
- Construction materials: Masonry
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 1
Heating & Cooling
- Heating features: None
- Cooling features: None,Electric
Interior Area
- Total structure area: 28,609
- Total interior livable area: 28,609 sqft
Property
Accessibility
- Accessibility features: Accessible Elevator Installed
Details
- Parcel number: 883377010
- Zoning: CMX25
- Special condition: Real Estate Owned
Features
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Lot size: 3,920 sqft
- Features: Corner Lot,Urban
- Lot size dimensions: 61.00 x 67.00
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Winter Weather
- Earthquake
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,618 | $127,416 |
| Home Insurance * | $1,316 | $15,792 |
| Property Taxes | $1,487 | $17,844 |
| Electricity | $3,138 | $37,667 |
| Total | $16,559 | $198,708 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2021-10-12 | Sold | $2,700,000 |
| 2021-08-25 | Pending sale | $2,995,000 |
| 2021-08-11 | Contingent | $2,995,000 |
| 2021-04-30 | Price change | $2,995,000 |
| 2021-04-15 | Listed for sale | $3,695,000 |
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