ACTIVE

1501 N 31st Street

Philadelphia PA, 19121

$5,219,999


$153.53 per sqft

ACTIVE

34,000 sqft

Commercial

Built in 2023

Introducing Otto on the Park: a brand new construction, boutique luxury condo building in booming Brewerytown. Constructed by renowned developer Equinox and designed by Interface Studio Architects, this unparalleled new development brings luxury living and convenience to the Philadelphia marketplace. Premium lifestyle features include: covered and uncovered parking (1:1), private balconies, private penthouse rooftops, and a deluxe common amenity package with panoramic rooftop kitchen, lounge and dog run, elevator, dog wash station, tech-friendly lobby, Amazon package room, cycle storage and more. Full 10 year tax abatement and low condo fees. Striking architectural flair and curb appeal. Greet guests and visitors in style at one of the city's first port cocheres - a convenient and secure valet drive at the building entrance. Walk to Fairmount Park, the largest urban park in the USA with miles of trails, tennis, golf and more. Walkable to Girard Avenue, the hip neighborhood commercial corridor loaded with destination retail-driven breweries, restaurants, cafes and shops. Easy access to Center City and University City - just minutes to either downtown district and major transportation connections. Several units left to purchase in bulk (of the 32 units in total). Taxes, condo fees and SF are estimated. There is a full 10 year tax abatement. Buyer's responsibility to verify taxes, condo fees and square footages during due diligence.

PAPH2226386

MLS ID

May 9, 2024

Updated

Map

1501 N 31st Street
Philadelphia PA, 19121

Interior Features

Interior Features

Elevator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.69 Acres


Roof

Wood


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Days on Market

367


Garage

No


Parking Total

32


View

Yes


View Description

City


County

PHILADELPHIA


Water Source

Public


Pool

No


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

4/19/2024

Price Change

$5,219,999

-12%

12/5/2023

Price Change

$5,919,495

-27%

Listed by Ryan J McManus, with Compass Pennsylvania, LLC
Listing Contact: 6106061095 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. 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.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 5/9/2024 at 5:52 AM UTC

Powered byLuxury Presence