616 N 57th StUnder construction

A 4-unit residential building is set to rise at 616 N 57th St in Wynnefield, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 7, 2025.

The 1,710 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2023 for $24K. The plans call for for the erection of an attached three (3) story structure. for use as multi-family household living containing four (4) dwelling units. building is fully sprinklered in accordance with nfpa 13r throughout. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within nine (9) feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.** separate permiits to be obtained for all other work.

The owner of record is Srr & Se LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

It isn't rising in isolation. Within a half-mile, 1 other major projects have broken ground since 2022 — roughly 31 units of new supply — including the 31-unit project at 625 N 53rd St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.

We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?