20-22 S Bank Street Philadelphia, PA $ 1,300,000
20-22 S Bank Street
$ 1,300,000
Recently Listed
Share Save

20-22 S Bank Street

Philadelphia, PA, 19106
$ 1,300,000
Bedrooms-- Baths-- Sq 10,770

Monthly Estimate*

$ 8,208

20-22 S Bank Street, Philadelphia, PA 19106 - Image 1
20-22 S Bank Street, Philadelphia, PA 19106 - Image 2
20-22 S Bank Street, Philadelphia, PA 19106 - Image 3
20-22 S Bank Street, Philadelphia, PA 19106 - Image 4
20-22 S Bank Street, Philadelphia, PA 19106 - Image 5
20-22 S Bank Street, Philadelphia, PA 19106 - Image 6
20-22 S Bank Street, Philadelphia, PA 19106 - Image 7
20-22 S Bank Street, Philadelphia, PA 19106 - Image 8
20-22 S Bank Street, Philadelphia, PA 19106 - Image 9
20-22 S Bank Street, Philadelphia, PA 19106 - Image 10
20-22 S Bank Street, Philadelphia, PA 19106 - Image 11
20-22 S Bank Street, Philadelphia, PA 19106 - Image 12
20-22 S Bank Street, Philadelphia, PA 19106 - Image 13

Commercial Property for sale in Philadelphia, PA

for $1,300,000. This 10,770 square foot building was built in 2022 on a lot size of 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!

See more

Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 9,759

Style

Apartment Building

Lot Size

0.05

Year Built

2022

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2652924

Features
Interior
Heating Fuel None
Hot Water None
Total Stories 6
Central Air Y/N N
Number of Elevators 1
See more
General
Sewer Other
Heating None
Cooling None
Possession Immediate
Zoning CMX3
Construction Materials Concrete
Year Built 2022
View Street
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name OLD CITY
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
Number Of Units Total 5
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 1992.00
Tax Annual Amount 9759.0
Price Per Sq Ft Total AG 120.71
Acceptable Financing Negotiable Conventional Cash Bank Portfolio Private Other
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 103
Association Recreation Fee N
See more
Exterior
Lot Features Corner
Water Source None
Type of Parking Private Garage
Foundation Details Slab
Water View Y/N N
Building Area Total 10770.00
Lot Dimensions 30.00 x 53.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 20
See more
* 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,300,000 Listed Price

Map


See all

20-22 S Bank Street, Philadelphia, PA, 19106 is a Commercial Property for sale at $1,300,000 with 10,770 sqft and a lot size of 0.05. 20-22 S Bank Street was built in 2022. The property's zip code is 19106 which is in Philadelphia, PA