Market Insights  /  Nicetown & Tioga
Development Watch · Nicetown & Tioga

3533 N 16th StUnder construction

6-unit residential new construction, zoned RSA5.

A 6-unit residential building is set to rise at 3533 N 16th St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 13, 2026.

The 4,126 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 2021 for $105K. The plans call for for the erection of a three (3) story attached structure of type v-b construction with basement for use as six (6) dwelling units (group r-2). building to be fully sprinklered per nfpa 13. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, and fire suppression work.

The owner of record is A&P Construction 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, 5 other major projects have broken ground since 2022 — roughly 150 units of new supply — including the 30-unit project at 3725-37 Pulaski Ave, the 43-unit project at 3249 N 16th St, the 10-unit project at 1903 W Erie 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?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
6
Zoning
RSA5
By-right envelope
~3 stories
Lot
4,126 sq ft
Last sale
$105K · 2021
Cleared to build
May 13, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 120 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.

~213buildable units
████████ Street
RMX3 · 0.45 mi away
Max bid to a builder $3.4M · Opportunity Score 97
Unlock →
~164buildable units
████████ Street
CMX2.5 · 0.42 mi away
Max bid to a builder $2.6M · Opportunity Score 95
Unlock →
~184buildable units
████████ Street
CMX4 · 0.30 mi away
Max bid to a builder $3.0M · Opportunity Score 94
Unlock →
~132buildable units
████████ Street
RMX3 · 0.46 mi away
Max bid to a builder $2.2M · Opportunity Score 94
Unlock →
~107buildable units
████████ Street
RMX3 · 0.46 mi away
Max bid to a builder $1.8M · Opportunity Score 92
Unlock →
Unlock the 120 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

30u3725-37 Pulaski Ave0.22 mi
43u3249 N 16th St0.30 mi
10u1903 W Erie Ave0.33 mi
27u3216 N 16th St0.34 mi
40u1510 W Allegheny Ave0.43 mi
Progress

How this project is moving

Interior systems ~64% complete
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.