23-unit residential new construction, zoned RSA5.
A 23-unit residential building is set to rise at 3424 N 17th St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 31, 2021.
The 7,798 sq ft site is zoned RSA5, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2025 for $430K. The plans call for for the erection of an attached structure for a vacant commercial space with multi-family household living ( twenty-three(23) dwelling units from second floor through fifth(5th) floors with six(6) accessory parking spaces and seven(7) accessory bicycle spaces in an accessible route at first floor .horizontal exits are proposed as per plans.
The owner of record is Brownmole 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, 7 other major projects have broken ground since 2022 — roughly 190 units of new supply — including the 43-unit project at 3249 N 16th St, the 27-unit project at 3216 N 16th St, the 40-unit project at 1510 W Allegheny 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 81 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 81 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.