Market Insights  /  Fishtown & East Kensington
Development Watch · Fishtown & East Kensington

2626 Trenton AveDelivered

26-unit residential new construction, zoned RM1.

A four-story, 26-unit apartment building at 2626 Trenton Avenue in Fishtown has now delivered, adding another mid-density rental building to a neighborhood that's seen hundreds of new units materialize over the past few years. The Type V-A wood-frame structure rises on a 7,937-square-foot lot zoned RM-1, which allows residential by-right with no special approvals needed. Cleared to build in fall 2022, the project was amended in mid-2024 to remove a PECO vault, carve out a basement-level gym, and swap roof materials—small tweaks that kept the building on track for completion. Two units meet Type A accessibility standards, with most of the others built as Type B; the handful of bi-level units skip that designation entirely.

Trenton Albert LLC, the owner of record since a 2023 sale, oversaw construction on a site that sits comfortably within Fishtown's wave of infill multifamily. Within a half-mile radius, roughly 424 new units have either delivered or are under way, including the 41-unit building at 2654–64 Coral Street and the 47-unit project at 2855 Janney Street. Farther east, the 146-unit tower at 2001 East Lehigh Avenue looms as the neighborhood's tallest recent bet, while smaller 16- and 22-unit buildings dot Frankford Avenue. The 2626 Trenton project lands squarely in the middle of that spectrum—larger than the typical rowhouse conversion, but restrained compared to the area's handful of elevator buildings.

The surrounding blocks still hold plenty of underbuilt parcels where RM-1 zoning permits similar four-story projects, and this delivery reinforces that Fishtown's rental appetite hasn't cooled. Developers eyeing adjacent lots now have a fresh comp for pro formas, and the basement gym addition—a late-stage design decision—hints at the amenity arms race creeping into even mid-rise walk-ups. With the building now leasing, the question for nearby sites isn't whether more multifamily will follow, but how quickly owners decide to move.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
26
Zoning
RM1
By-right envelope
~4 stories
Lot
7,937 sq ft
Last sale
2023
Cleared to build
Sep 3, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 56 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.

~170buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $7.5M · Opportunity Score 99
Unlock →
~223buildable units
████████ Street
ICMX · 0.37 mi away
Max bid to a builder $9.7M · Opportunity Score 99
Unlock →
~131buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~259buildable units
████████ Street
ICMX · 0.33 mi away
Max bid to a builder $11M · Opportunity Score 99
Unlock →
~233buildable units
████████ Street
CMX2 · 0.05 mi away
Max bid to a builder $10.0M · Opportunity Score 98
Unlock →
Unlock the 56 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.

41u2654-64 Coral St0.20 mi
146u2001 E Lehigh Ave0.24 mi
16u2456 Frankford Ave0.27 mi
22u2406 Frankford Ave0.34 mi
47u2855 Janney St0.35 mi
108u2000-20 E Hagert St0.39 mi
44u2721-69 Ruth St0.40 mi
155u2507 Almond St0.44 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.