1059 Bridge Street, Philadelphia, PA, 19124

1059 Bridge Street Philadelphia, PA 19124

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$900,000
Last Verified:
Oct 22, 2020

Highlights

  • 830 Sqft office/retail space
  • • Neighborhood Location
  • • Foot traffic
  • • Building located at signalized intersection
  • • Close to public transportation
  • • Fully leased
  • • Seven apartments
  • • Three retail space

Description

Beautiful multi family building in lower northeast Philadelphia. Just two blocks off Roosevelt Blvd, this building's location allows easy access to all primary arteries leading to Downtown Philadelphia, Fishtown & other sections of the city.

Beautiful multi family building in lower northeast Philadelphia. Just two blocks off Roosevelt Blvd, this building's location allows easy access to all primary arteries leading to Downtown Philadelphia, Fishtown & other sections of the city.

Building Size: 7046.0sq ft
Lot Size: 0.1 acres

Map of 1059 Bridge Street, Philadelphia, PA, 19124

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.