4-unit residential new construction, zoned RSA5.
A 4-unit residential building is set to rise at 1214 E Susquehanna Ave in Fishtown & East Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 20, 2024.
The 2,840 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 2024 for $383K. The plans call for new construction of a three (3) story building with two (2) private roof decks with pilot houses for use as four (4) family dwelling as per approved plans. building to be fully sprinklered per nfpa 13. work to include underpinning to be monitored at all times by a pa licensed pe. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is 1214 E Susquehanna Ave 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, 9 other major projects have broken ground since 2022 — roughly 443 units of new supply — including the 62-unit project at 1212-16 N Delaware Ave, the 40-unit project at 1716 Frankford Ave, the 9-unit project at 1700 Frankford 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)As this density arrives, InvestPHL is tracking 35 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 35 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.