4-unit residential new construction, zoned RSA3.
A 4-unit residential building is set to rise at 3335 N 16th St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 30, 2021.
The 3,070 sq ft site is zoned RSA3, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2016 for $19K. The plans call for for the construction of a three-story structure with pilothouse to access private roof decks, accessory to dwelling units #3 and #4, for use as total of four (4) dwelling units, as per approved plans.
The owner of record is 16th And 17th Investment.
It isn't rising in isolation. Within a half-mile, 6 other major projects have broken ground since 2022 — roughly 178 units of new supply — including the 43-unit project at 3249 N 16th St, the 27-unit project at 3216 N 16th St, the 40-unit project at 1510 W Allegheny Ave. 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?
As this density arrives, InvestPHL is tracking 106 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.
Unlock the 106 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.