Market Insights  /  Fishtown
Development Watch · Fishtown

1934 N 2nd StDelivered

8-unit mixed-use new construction, zoned RM1.

A 8-unit mixed-use building is set to rise at 1934 N 2nd St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 23, 2019.

The 2,160 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The plans call for for the erection of an attached structure with a roof deck and pilot house. structure for use as vacant commercial on the 1st floor and multi-family household living on the 2nd-4th floors. sprinklered through per nfpa 13. separate permits required for plumbing, mechanical, electrical and fire suppression. a covered walkway or sidewalk closure shall be required within 10 feet of building façade in accordance with section 3306 of the ibc. separate building and/or streets department permits are required.

The owner of record is Luu Sang. 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, 12 other major projects have broken ground since 2022 — roughly 510 units of new supply — including the 13-unit project at 1935 N 2nd St, the 21-unit project at 1931 N 2nd St, the 285-unit project at 1901 N American 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
8
Zoning
RM1
By-right envelope
~4 stories
Lot
2,160 sq ft
Cleared to build
Dec 23, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 170 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.

~101buildable units
████████ Street
CMX2 · 0.37 mi away
Max bid to a builder $4.4M · Opportunity Score 98
Unlock →
~338buildable units
████████ Street
ICMX · 0.43 mi away
Max bid to a builder $7.1M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.14 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~190buildable units
████████ Street
ICMX · 0.40 mi away
Max bid to a builder $4.0M · Opportunity Score 94
Unlock →
~179buildable units
████████ Street
ICMX · 0.35 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
Unlock the 170 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.

13u1935 N 2nd St0.03 mi
21u1931 N 2nd St0.03 mi
285u1901 N American St0.03 mi
40u2034 N 2nd St0.11 mi
33u300 W Norris St0.14 mi
9u1751 Tilghman St0.19 mi
12u1733-41 N 2nd St0.19 mi
32u1924 N Front St0.21 mi
Progress

How this project is moving

Cleared for occupancy ⚠ Status unclear — no recent activity
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.