Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

1409 N 21st StDelivered

24-unit residential new construction, zoned RM1.

A new four-story, 24-unit multifamily building has wrapped at 1409 N 21st Street in Brewerytown, adding another piece to the neighborhood's steady infill puzzle. The project includes 17 parking spaces—one ADA-accessible and one van-accessible—along with eight Class 1A bike parking spots on an accessible route. At roughly 16,800 square feet, the lot offered enough room for a modestly scaled walk-up that stays within the RM1 zoning envelope, which permits multifamily by right.

The Philadelphia Housing Authority owns the site, marking this as a public-sector-driven addition to a corridor that has leaned increasingly on nonprofit and mission-driven developers. PHA's involvement here reflects a broader push to replenish affordable and mixed-income stock in neighborhoods where the authority has historically held land. The building's program is straightforward—no retail component, fully sprinklered, and no notable architectural flourishes announced—but it threads the needle between transit access along Ridge Avenue and the quieter residential blocks just east of Fairmount Park.

The project sits within a half-mile radius that has absorbed 247 new units in recent years, including a 40-unit building at 2000 Ridge Avenue and a 36-unit project at 2112 Ridge. Most of these developments are modestly scaled—eight to 17 units—suggesting that Brewerytown's growth is happening incrementally rather than through mega-projects. The 1409 N 21st delivery reinforces that pattern: medium-density, transit-proximate, and aimed at filling gaps rather than redefining the skyline.

With PHA holding other parcels in the vicinity and the neighborhood still dotted with vacant and underbuilt lots, this completion sets a template for what by-right infill can look like when a public authority steps in as developer. The lack of major zoning hurdles or variances means similar sites along the Ridge Avenue spine could follow the same playbook, especially as the surrounding wave of small- to mid-sized projects proves out demand for rental inventory in this price tier.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
24
Zoning
RM1
By-right envelope
~4 stories
Lot
16,800 sq ft
Cleared to build
Apr 14, 2023
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 12 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.

~61buildable units
████████ Street
CMX3 · 0.32 mi away
Max bid to a builder $2.8M · Opportunity Score 98
Unlock →
~118buildable units
████████ Street
CMX3 · 0.44 mi away
Max bid to a builder $5.5M · Opportunity Score 98
Unlock →
~38buildable units
████████ Street
RM4 · 0.43 mi away
Max bid to a builder $1.8M · Opportunity Score 76
Unlock →
~24buildable units
████████ Street
RM4 · 0.48 mi away
Max bid to a builder $1.0M · Opportunity Score 67
Unlock →
~17buildable units
████████ Street
CMX2.5 · 0.50 mi away
Max bid to a builder $792K · Opportunity Score 53
Unlock →
Unlock the 12 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.

17u2016 Ridge Ave0.05 mi
8u2122-52 Sharswood St0.07 mi
40u2000 Ridge Ave0.08 mi
8u1309 N 22nd St0.11 mi
36u2112 Ridge Ave0.16 mi
27u2134 Ridge Ave0.21 mi
8u2008 W Girard Ave0.26 mi
63u2004 Cecil B Moore Ave0.26 mi
Progress

How this project is moving

Cleared for occupancy ~100% 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.