Market Insights  /  Fishtown
Development Watch · Fishtown

102-06 W Berks StDelivered

28-unit residential new construction, zoned CMX2.5.

A 28-unit residential building is set to rise at 102-06 W Berks St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 17, 2020.

The 6,212 sq ft site is zoned CMX2.5, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2019 for $255K. The plans call for for the erection of a five (5) story attached structure as per approved plans. for use as twenty eight (28) dwelling units and vacant commercial space. structure to be fully sprinklered in accordance with nfpa 13 minimum. **separate permits required for mep and fire suppression work.** **2018 ibc** *amendment to provide horizontal exits*.

The owner of record is 102 Berks 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, 12 other major projects have broken ground since 2022 — roughly 524 units of new supply — including the 32-unit project at 1924 N Front St, the 9-unit project at 1828 Frankford Ave, the 9-unit project at 1751 Tilghman 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 ~5-story by-right envelope, not the developer's design.
Units
28
Zoning
CMX2.5
By-right envelope
~5 stories
Lot
6,212 sq ft
Last sale
$255K · 2019
Cleared to build
Jan 17, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 118 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 · 0.17 mi away
Max bid to a builder $4.4M · Opportunity Score 98
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~338buildable units
████████ Street
ICMX · 0.48 mi away
Max bid to a builder $7.1M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.21 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~179buildable units
████████ Street
ICMX · 0.29 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.32 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 118 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.

32u1924 N Front St0.07 mi
9u1828 Frankford Ave0.13 mi
9u1751 Tilghman St0.18 mi
8u2034 N Front St0.19 mi
21u1931 N 2nd St0.20 mi
13u1935 N 2nd St0.20 mi
55u1713 N Front St0.22 mi
12u1733-41 N 2nd St0.22 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.