Market Insights  /  Nicetown & Tioga
Development Watch · Nicetown & Tioga

4225 N Park AveUnder construction

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

Rendering of 4225 N Park Ave — Permits Issued for 45-Unit Mixed-Use Development at 4225 North Park Avenue in Hunting Park, North Philadelphia
Permits Issued for 45-Unit Mixed-Use Development at 4225 North Park Avenue in Hunting Park, North Philadelphia
Published rendering · via phillyyimby.com. Shown for informational purposes; rights belong to the original creator.See the source →

A four-story mixed-use building is under construction at 4225 N Park Avenue in Nicetown & Tioga, combining 45 residential units with ground-floor business and professional office space. The project, cleared to build in late July, occupies a 15,053-square-foot lot and rises under CMX2.5 zoning, which allows the density by right. The structure will include full fire-suppression systems and standpipes, reflecting the scale and residential intensity uncommon in this stretch of the neighborhood.

The owner of record is Servants Of Relief For, which acquired the site in 2024 and moved swiftly to commence construction. The combination of office and residential uses suggests an attempt to activate the street level while addressing housing demand, though the specifics of the office programming remain to be seen. With no other major residential projects within a half-mile radius, this development stands alone as a significant addition to the area's housing stock.

The isolation of this project in terms of nearby construction activity is notable. Nicetown & Tioga has seen pockets of investment, but few developments of this size have materialized in recent years. The 45 units represent a meaningful increment in a neighborhood where multifamily construction has been sparse, and the mixed-use format could set a template for other underutilized parcels along Park Avenue. Whether this project catalyzes additional interest or remains an outlier will depend on how the market receives it and whether other owners see similar opportunity in the corridor's by-right zoning.

The timeline from acquisition to construction start has been relatively compressed, suggesting either pre-planning before the 2024 purchase or an expedited approval process. The four-story envelope makes efficient use of the lot without requiring variances, and the inclusion of office space adds a layer of programmatic complexity that could help anchor the building in a neighborhood where commercial amenities remain limited. How the office component leases—and to whom—will offer clues about the trajectory of Park Avenue's immediate future.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
45
Zoning
CMX2.5
By-right envelope
~4 stories
Lot
15,053 sq ft
Last sale
2024
Cleared to build
Jul 23, 2025
For developers & investors

Underpriced parcels near this project

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.

~369buildable units
████████ Street
ICMX · 0.49 mi away
Max bid to a builder $6.3M · Opportunity Score 98
Unlock →
~266buildable units
████████ Street
CMX2.5 · 0.46 mi away
Max bid to a builder $4.3M · Opportunity Score 98
Unlock →
~300buildable units
████████ Street
ICMX · 0.33 mi away
Max bid to a builder $4.7M · Opportunity Score 97
Unlock →
~213buildable units
████████ Street
RMX3 · 0.43 mi away
Max bid to a builder $3.4M · Opportunity Score 97
Unlock →
~181buildable units
████████ Street
CMX2.5 · 0.05 mi away
Max bid to a builder $2.9M · Opportunity Score 96
Unlock →
Unlock the 81 nearby opportunities →
In the news

What we're hearing about this project

Building permits were issued on July 23, 2025 for a four-story, 45-unit mixed-use building with ground-floor office space, developed by Sacred Heart Home with construction managed by Domus, Inc. and designed by architect
News items are compiled automatically and may be approximate — verify before relying on them.
Progress

How this project is moving

Interior systems ~64% 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.