1614 RIDGE - NEW CONSTRUCTION
Philadelphia, PA
Overview
- Offering Price Subject to Offer
- Apartment Units 32
- Commercial Units 2
- Building Size 45,030 GSF
- Parking Spaces 17
- Lot Size 11,251 SF
1614 Ridge Avenue is situated in the Francisville section of Philadelphia. The Property is comprised of 32 newly-constructed apartment units and two commercial spaces.
1614 Ridge has a desirable unit mix with 50% one-bedroom and 50% two-bedroom apartments. The units boast high-end finishes including stainless steel appliances, stone countertops, tile backsplashes, attractive flooring, upgraded cabinetry, and designer light fixtures. Furthermore, the Property features oversize floor plans, central HVAC, an in-unit washer/dryer, and private balconies. Residents will enjoy the gym, a well-appointed lobby, and gated off-street parking.
1614 Ridge is within walking distance of the rapidly expanding Ridge Avenue corridor as well as the Fairmount Avenue corridor that contains award-winning restaurants and essential retailers. The Property is located minutes from major thoroughfares such as I-76, I-676, and I-95, providing unparalleled access to the Philadelphia MSA. Further, a major transit station at Broad Street and Fairmount Avenue sits a couple of blocks away carrying commuters into Center City via the Broad Street Subway and Ridge Avenue Spur.
Francisville has exploded with development over the last 10 years bringing high-end apartment products and subsequent density to vacant parcels. The neighborhood has been transformed from a once-forgotten location northeast of Fairmount to a sought-after place for young professionals.