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Braverman Building | Newly Built Apartments 2617-2619 W Girard Ave 16 Apartment Units Online Auction Sale Philadelphia, PA 19130
Matterport 3D Tours
Investment Highlights
- Braverman Building presents investors with a management value-add opportunity to purchase a 16-unit apartment building in northern Philadelphia.
- Getting to and from the Braverman Building is a breeze via Gerard Avenue, several bus stops, and access to US Route 13.
- Walkable to several prominent places, such as Girard College, Lemon Hill Park, and incredible dining and shopping options.
- Located in the center of Brewerytown, a thriving neighborhood in Philadelphia that attracts young professionals, students, and many others.
- Buyers can take advantage of these modern units and lease them out at market rates to increase net operating income.
- Local demographics are promising for investors, as 72% of households are renters and over $2.17 billion in spending within a 2-mile radius.
Executive Summary
Investors will delight in the Braverman Building, positioned just north of Downtown Philadelphia.
2617 W Girard Avenue presents an exceptional opportunity for buyers seeking a vibrant investment in Philadelphia. This 16-unit multifamily property spans 18,755 square feet across five stories, offering spacious, well-designed floor plans. Constructed in 2016, the building showcases sleek, modern units with open layouts. Large windows invite abundant natural light into every home, creating a welcoming atmosphere. The kitchens stand out with elegant white cabinetry, granite countertops, and stainless steel appliances, delivering both style and functionality. The open-concept design seamlessly connects the kitchen and living spaces, perfect for entertaining or relaxing. Cordless blinds provide privacy at a moment's notice. Each residence includes a full-size washer and dryer, gleaming hardwood floors throughout, and generous closet space in every bedroom. Residents can step out onto a spectacular rooftop deck, providing breathtaking 360-degree views of the city skyline.
Brewerytown is a prime investment location in Philadelphia. The neighborhood is dynamic and growing rapidly, stretching from the Schuylkill River to 25th Street and centered on lively Girard Avenue. Once known for its 19th-century breweries, Brewerytown now attracts young professionals, students, and long-term residents. It is affordable and conveniently located near Fairmount Park. The area is highly walkable and well-connected, with easy access to Center City and public transit. Breweries, restaurants, and cafes line the main street, creating a vibrant atmosphere. Top local spots such as Crime & Punishment Brewing Co., Green Eggs Cafe, and The Monkey & The Elephant offer residents a variety of dining and social experiences. This blend of residential charm and energetic commerce makes Brewerytown one of Philadelphia’s most attractive up-and-coming areas for long-term growth.
Property tours are available by appointment only. Please contact the listing broker to schedule.
2617 W Girard Avenue presents an exceptional opportunity for buyers seeking a vibrant investment in Philadelphia. This 16-unit multifamily property spans 18,755 square feet across five stories, offering spacious, well-designed floor plans. Constructed in 2016, the building showcases sleek, modern units with open layouts. Large windows invite abundant natural light into every home, creating a welcoming atmosphere. The kitchens stand out with elegant white cabinetry, granite countertops, and stainless steel appliances, delivering both style and functionality. The open-concept design seamlessly connects the kitchen and living spaces, perfect for entertaining or relaxing. Cordless blinds provide privacy at a moment's notice. Each residence includes a full-size washer and dryer, gleaming hardwood floors throughout, and generous closet space in every bedroom. Residents can step out onto a spectacular rooftop deck, providing breathtaking 360-degree views of the city skyline.
Brewerytown is a prime investment location in Philadelphia. The neighborhood is dynamic and growing rapidly, stretching from the Schuylkill River to 25th Street and centered on lively Girard Avenue. Once known for its 19th-century breweries, Brewerytown now attracts young professionals, students, and long-term residents. It is affordable and conveniently located near Fairmount Park. The area is highly walkable and well-connected, with easy access to Center City and public transit. Breweries, restaurants, and cafes line the main street, creating a vibrant atmosphere. Top local spots such as Crime & Punishment Brewing Co., Green Eggs Cafe, and The Monkey & The Elephant offer residents a variety of dining and social experiences. This blend of residential charm and energetic commerce makes Brewerytown one of Philadelphia’s most attractive up-and-coming areas for long-term growth.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tours
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Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | Lot Size | 0.11 AC |
| Sale Condition | Auction Sale | Building Size | 18,755 SF |
| Type of Ownership | Fee Simple | Average Occupancy | 83% |
| No. Units | 16 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | Parcel Number | 291348821 |
| Building Class | B | ||
| Zoning | C2 | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 18,755 SF |
| Average Occupancy | 83% |
| No. Stories | 5 |
| Year Built | 2016 |
| Opportunity Zone |
Yes |
| Zoning | C2 |
| Parcel Number | 291348821 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Security System
- Intercom
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (86)
Sale Advisors
Sale Advisors
Samantha Kupersmith, Senior Director
Samantha Kupersmith joined JLL in October 2023 and serves as a Senior Director on the Multifamily Capital Markets team. Prior to joining JLL, she served as a Senior Associate on the CBRE Multifamily Capital Markets team where she focused on boutique new construction apartment buildings and development opportunities in Philadelphia County. Having sold over $300 million in the last 4 years, she took a stronghold in the middle market apartment space downtown.
At JLL, Samantha will expand her multifamily expertise to both private and institutional clients. Samantha is active in BIA and serves on the JFRE Young Leaders Board. She was awarded the Philadelphia Business Journal’s Rising Star Award in 2021.
At JLL, Samantha will expand her multifamily expertise to both private and institutional clients. Samantha is active in BIA and serves on the JFRE Young Leaders Board. She was awarded the Philadelphia Business Journal’s Rising Star Award in 2021.
Tyler Margraf, Director, Capital Markets
Tyler is a Director in the Philadelphia office of JLL Capital Markets, Americas. He joins JLL as part of the HFF acquisition and has extensive experience in multifamily investment advisory, equity placement and debt. Tyler focuses on private capital investment advisory transactions throughout the Philadelphia metropolitan area, including Center City Philadelphia, Pennsylvania, New Jersey, Delaware and Maryland. Over the course of his career, Tyler has been involved in more than $8 billion in commercial real estate transactions.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Broker RB068364. Ten-X Commercial Auction Firm AY002443, Auctioneer Arlene Richardson AU006275
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Braverman Building | Newly Built Apartments | 2617-2619 W Girard Ave
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Braverman Building | Newly Built Apartments | 2617-2619 W Girard Ave
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