23-25 S 19TH Street

Description

The property located at 23-25 South 19th Street, the corner of South 19th and Ludlow Street. 23-25 South 19th Street consists of two parcels and one building, with approximately 5,800sf, over three floors and a lot area of 2,880sf. The ground floor consisting of two commercial spaces each +/- 1,000sf and additional basement space. Originally a 2,000sf dry cleaning location the space was demised in 2017 and two units created. Due to the nature of the use, ownership had a Phase II environmental site assessment done at that time, which provided a clean assessment with no need for reporting or remediation. The two units are now occupied by Healthy Picks Deli on the corner and Ye Old Cleaners and Taylor in the inline space. A stairway on the south side of the property leads to the upper floors. The 2nd floor office space has been occupied by Creative Realty since 2018, and they have just extended their lease for an additional year till June 2024. The residential units consist of one studio and two/ 1 bedroom units on the 2nd and 3rd floors.23-25 South 19th street sits on the southeast corner of 19th and Ludlow directly in from of the Motto by Marriot hotel, which is also home to the highly ranked Mexican inspired restaurant Condesa. The Rittenhouse Square neighborhood is the premier dining and shopping neighborhood in downtown Philadelphia. Showcasing some nationally regarding restaurants including Parc, Vernick, Friday Saturday Sunday, and Her Place. With several new residential development projects completed and in the pipeline Rittenhouse Square continues to add more density and foot traffic to one of the most visited neighborhoods in the Philadelphia region.