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1338 Chestnut St
Philadelphia, PA 19107
Griffin Center City · Multifamily Property For Sale
·
217 Units
Investment Highlights
- Positioned along the sought-after Avenue of the Arts in the heart of Center City, surrounded by premier dining, retail, and cultural venues.
- Within convenient walking distance to multiple SEPTA rail lines and major transit connections for seamless commutes.
- Located in a vibrant downtown district with immediate access to flagship shops, entertainment venues, and major employment centers.
- Beaux-Arts architectural origins from 1897 blended with modern luxury finishes and lifestyle amenities.
- Features include a rooftop clubroom, full fitness facility, controlled access, and expansive terrace areas.
- Modernized interiors provide high ceilings, large windows, and exceptional natural light throughout the property.
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 0.44 AC |
| No. Units | 217 | Building Size | 283,126 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 18 |
| Apartment Style | Hi-Rise | Year Built/Renovated | 2000/2016 |
| Building Class | A | ||
| Zoning | C5 | ||
| Sale Type | Investment |
| No. Units | 217 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | A |
| Lot Size | 0.44 AC |
| Building Size | 283,126 SF |
| Average Occupancy | 94% |
| No. Stories | 18 |
| Year Built/Renovated | 2000/2016 |
| Zoning | C5 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Crown Molding
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Double Pane Windows
- Framed Mirrors
- Freezer
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Clubhouse
- Courtyard
- Fitness Center
- Media Center/Movie Theatre
- On-Site Retail
- Roof Terrace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | 430 - 603 |
| 1+1 | 133 | - | 566 - 1,743 |
| 1+2 | 10 | - | 941 - 1,142 |
| 2+2 | 45 | - | 942 - 1,335 |
| 2+3 | 5 | - | 1,809 |
Property Taxes
| Parcel Number | 881302200 | Improvements Assessment | $62,823,974 CAD |
| Land Assessment | $11,086,584 CAD | Total Assessment | $73,910,558 CAD |
Property Taxes
Parcel Number
881302200
Land Assessment
$11,086,584 CAD
Improvements Assessment
$62,823,974 CAD
Total Assessment
$73,910,558 CAD
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