5-unit residential new construction, zoned RSA5.
A 5-unit residential building is set to rise at 2137-39 E Somerset St in Port Richmond & Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 1, 2021.
The 3,956 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 2019 for $110K. The plans call for for the erection of a semi-detached structure for use as multi family household living ( five (5) dwelling units). building to be fully sprinklered. separate permits required for mep & fp work.
The owner of record is Something Somerset 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 304 units of new supply — including the 47-unit project at 2855 Janney St, the 146-unit project at 2001 E Lehigh Ave, the 41-unit project at 2654-64 Coral 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 24 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 24 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.