20-22 S Bank Street Philadelphia, PA $ 1,300,000
20-22 S Bank Street
$ 1,300,000
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20-22 S Bank Street

Philadelphia, PA, 19106
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,208

20-22 S Bank Street, Philadelphia, PA 19106 - Image 1
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Studio

Lots and Land for sale in Philadelphia, PA

for $1,300,000. The lot size is 0.05.

Exceptional shovel-ready development opportunity in the highly desirable Old City neighborhood! This project includes approved plans and permits for a luxury five-unit condominium building designed with modern, upscale finishes. Four residences are thoughtfully designed with approximately 1,720 square feet of living space, offering 2 bedrooms, 2 full bathrooms, an open-concept living, dining, and kitchen area, a private 200-square-foot balcony, elevator access directly to each unit, and dedicated private storage. Crowning the development is an impressive penthouse featuring approximately 1,720 square feet on the sixth floor plus a 450-square-foot mezzanine with breathtaking city views. The building also includes four private garage parking spaces, adding exceptional value and convenience. The foundation has already been completed, allowing the next owner to continue construction immediately. Approved plans, permits, and tax abatement documentation are available upon request. With construction already underway and the seller planning to increase the price as progress continues, this is a rare opportunity for developers and investors to bring a premier luxury condominium project to life in one of Philadelphia's most sought-after neighborhoods. Drive by & Make an Offer!

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Lots and Land Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,759

Style

Vacant

Lot Size

0.05

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2652958

Features
General
Sewer Other
Possession Immediate
Zoning CMX3
School District THE SCHOOL DISTRICT OF PHILADELPHIA
View Street
Property Subtype Land
Tax Year 2026
Current Use Vacant
Ownership Fee Simple
Municipality PHILADELPHIA
County PHILADELPHIA
Property Type Land
HOA N
Subdivision Name OLD CITY
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions Coming from the east on Market St continue straight and turn left onto Bank St. The property is located on the corner of Bank St and Elbow Ln between Market St and Chestnut St.
City PHILADELPHIA
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 1992.00
Tax Annual Amount 9759.0
Condo/Coop Association fee Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 652.61
Acceptable Financing Negotiable Conventional Cash Bank Portfolio Private
Additional Parcels Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Tax Lot 103
Association Recreation Fee N
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Exterior
Lot Features Corner
Water Source None
Water View Y/N N
Lot Dimensions 30.00 x 53.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Lpt Realty, Llc

Broker

thelistingteam@liveloveathome.com

Email

Affordability Calculator

$9,022
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$813
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,300,000 Listed Price

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20-22 S Bank Street, Philadelphia, PA, 19106 is a Lots and Land for sale at $1,300,000 with a lot size of 0.05. 20-22 S Bank Street is a studio with 0.0 baths. The property's zip code is 19106 which is in Philadelphia, PA