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

1935 E Hazzard StDelivered

15-unit residential new construction, zoned IRMX.

A 15-unit residential building is set to rise at 1935 E Hazzard St in Fishtown & East Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 15, 2019.

The 2,412 sq ft site is zoned IRMX, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2019. The plans call for for the erection of a semi-detached structure with roof access (mechanical only - no roof deck). structure for use as artist studio and fifteen (15) dwelling units. structure fully sprinklered per nfpa 13. separate permits required for plumbing, mechanical and electrical. a covered walkway or sidewalk closure shall be required within 12 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 El Transit Flats LLC.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 538 units of new supply — including the 41-unit project at 2654-64 Coral St, the 146-unit project at 2001 E Lehigh Ave, the 108-unit project at 2000-20 E Hagert 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?

Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
15
Zoning
IRMX
By-right envelope
~4 stories
Lot
2,412 sq ft
Last sale
2019
Cleared to build
Jan 15, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 76 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.

~131buildable units
████████ Street
ICMX · 0.21 mi away
Max bid to a builder $5.6M · Opportunity Score 99
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~259buildable units
████████ Street
ICMX · 0.18 mi away
Max bid to a builder $11M · Opportunity Score 99
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~240buildable units
████████ Street
ICMX · 0.29 mi away
Max bid to a builder $10M · Opportunity Score 99
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~233buildable units
████████ Street
CMX2 · 0.31 mi away
Max bid to a builder $10.0M · Opportunity Score 98
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~69buildable units
████████ Street
CMX3 · 0.18 mi away
Max bid to a builder $2.9M · Opportunity Score 98
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Unlock the 76 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 St0.17 mi
146u2001 E Lehigh Ave0.20 mi
108u2000-20 E Hagert St0.22 mi
44u2721-69 Ruth St0.26 mi
16u2456 Frankford Ave0.27 mi
26u2626 Trenton Ave0.30 mi
18u2520 N Front St0.30 mi
22u2406 Frankford Ave0.35 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.