4-unit residential new construction, zoned RSA5.
A 4-unit residential building is set to rise at 1326 W Pike St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 26, 2025.
The 1,408 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 $30K. The plans call for new construction of a three (3) story building with cellar for use as four (4) dwelling units as per approved plans. building to be fully sprinklered. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is 1326 West Pike Street 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, 2 other major projects have broken ground since 2022 — roughly 75 units of new supply — including the 30-unit project at 3725-37 Pulaski Ave, the 45-unit project at 4225 N Park 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 131 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 131 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.