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Investment Highlights
- 2025 Construction | 18-Unit Class A Mixed-Use Community in the Heart of the Queen Village Neighborhood of Philadelphia
- Excellent Unit Mix: Primarily 2 & 3 Bed Units Averaging Roughly 911 SF
- Brand New 10-Year Triple Net (NNN) Commercial Lease In-Place with Renewal Options
- Full 10-Year Tax Abatement In-Place Through 2035
- Luxury Finishes: Stainless Steel Appliances, Chef-Inspired Kitchens, Custom Cabinetry, Expansive Countertops; Diverse Floor Plans; Balconies
- Unbeatable Location: Walk Score of 97; Vegan Restaurant, Yoga Co-Op, Coffee Shop, Sports Bar, Ice Cream Parlor, Dog Park, & the Famous 4th Street Deli
Executive Summary
Marcus & Millichap is pleased to present 754 South 4th Street - A brand-new construction, 18-unit Class A mixed-use community situated on 4th Street between Fitzwater and Catharine Streets in the heart of Philadelphia’s highly desirable Queen Village neighborhood. Built in 2025, the property pairs 16 luxury residences with two ground-floor commercial spaces and immediate access to one of the city’s most historic, supply-constrained, and walkable rental corridors.
The residential unit mix is comprised of twelve 2-bedroom units and four 3-bedroom units – the apartments are very spacious - averaging approximately 911 square feet and were thoughtfully designed featuring large windows, chef-inspired kitchens with high-end stainless-steel appliances, custom cabinetry, expansive countertops, and in-unit washer/dryers. All units feature a private balcony. Building amenities include secured entry and elevator service, providing residents with a convenient and comfortable living experience befitting the neighborhood’s character.
As one of the few newly constructed, boutique assets in the immediate area, 754 South 4th Street offers a rare opportunity to acquire a stabilized, luxury mixed-use community in one of Philadelphia’s’ most coveted and stable rental markets. As one of Philadelphia’s most supply-constrained neighborhoods, Queen Village offers investors long-term stability and rent growth potential. Barriers to new development, due to historic preservation and limited land availability, further protect property values and support sustained rental demand.
Given 754 S 4th Street’s irreplaceable Queen Village location, institutional-quality construction, income-diversifying commercial component, and proximity to Center City, the property presents investors with an exceptional opportunity to acquire a best in class, trophy asset well positioned to deliver strong returns, sustained rent growth, & long-term appreciation.
The residential unit mix is comprised of twelve 2-bedroom units and four 3-bedroom units – the apartments are very spacious - averaging approximately 911 square feet and were thoughtfully designed featuring large windows, chef-inspired kitchens with high-end stainless-steel appliances, custom cabinetry, expansive countertops, and in-unit washer/dryers. All units feature a private balcony. Building amenities include secured entry and elevator service, providing residents with a convenient and comfortable living experience befitting the neighborhood’s character.
As one of the few newly constructed, boutique assets in the immediate area, 754 South 4th Street offers a rare opportunity to acquire a stabilized, luxury mixed-use community in one of Philadelphia’s’ most coveted and stable rental markets. As one of Philadelphia’s most supply-constrained neighborhoods, Queen Village offers investors long-term stability and rent growth potential. Barriers to new development, due to historic preservation and limited land availability, further protect property values and support sustained rental demand.
Given 754 S 4th Street’s irreplaceable Queen Village location, institutional-quality construction, income-diversifying commercial component, and proximity to Center City, the property presents investors with an exceptional opportunity to acquire a best in class, trophy asset well positioned to deliver strong returns, sustained rent growth, & long-term appreciation.
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Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $3,331 CAD | 761 |
| 2+2 | 9 | $3,822 CAD | 833 |
| 3+2 | 4 | $4,699 CAD | 1,200 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 881000069 | Improvements Assessment | $5,653,522 CAD |
| Land Assessment | $628,169 CAD | Total Assessment | $6,281,691 CAD |
Property Taxes
Parcel Number
881000069
Land Assessment
$628,169 CAD
Improvements Assessment
$5,653,522 CAD
Total Assessment
$6,281,691 CAD
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754-756 S 4th St
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