Market Insights  /  Strawberry Mansion
Development Watch · Strawberry Mansion

1510 W Allegheny AveCleared to build

53-unit residential new construction, zoned RSA2.

Rendering of 1510 W Allegheny Ave — Upcoming | 40-Unit Residential Building At 1510 West Allegheny Avenue in North Philadelphia
Upcoming | 40-Unit Residential Building At 1510 West Allegheny Avenue in North Philadelphia
Published rendering · via phillyyimby.com. Shown for informational purposes; rights belong to the original creator.See the source →

A 40-unit residential building is cleared to build at 1510 W Allegheny Avenue in Strawberry Mansion, bringing four stories and partial basement to a 32,000-square-foot lot controlled by 1510 West Allegheny Ave LLC. The company acquired the parcel in 2021 and is now moving forward with a project that will include full sprinkler coverage and standpipes, with separate mechanical, electrical, plumbing, and fire-suppression work to follow. The RSA2 zoning allows the density by right, and the developer is taking full advantage of the buildable envelope on a site that's more than large enough to accommodate the scale.

The project adds to a modest but steady wave of multifamily development in this stretch of North Philadelphia. Within a half-mile, roughly 98 units are either planned or recently delivered, including a 43-unit building at 3249 N 16th Street, a 27-unit project at 3216 N 16th, and a 28-unit building at 3120 N Park Avenue. That cluster suggests patient capital is finding workable numbers in Strawberry Mansion, particularly on larger assemblages where unit counts can justify the construction expense.

1510 West Allegheny Ave LLC hasn't surfaced publicly as a repeat player, but the willingness to chase 40 units on a single parcel is a signal that the neighborhood's fundamentals—proximity to Fairmount Park, bus routes, and improving retail corridors—are attracting more than just scattered infill. The timeline from acquisition to construction readiness took roughly five years, a pace that's typical for teams navigating zoning, financing, and design approvals without headline-grabbing fanfare.

The quarter-acre footprint is unusual for the immediate area, where most residential lots are narrow rowhouse parcels. If 1510 West Allegheny performs, expect developers to scan the neighborhood for similar opportunities: oversized corner sites, former industrial parcels, or consolidated tax-delinquent strips that can support 30-plus units without requiring zoning variances. The math on smaller sites is harder to crack; this one shows there's still room to build at scale when the land costs and entitlement risk line up.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
53
Zoning
RSA2
By-right envelope
~4 stories
Lot
32,000 sq ft
Last sale
$1.6M · 2021
Cleared to build
Jan 30, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 89 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.

~87buildable units
████████ Street
CMX3 · 0.35 mi away
Max bid to a builder $1.3M · Opportunity Score 90
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~80buildable units
████████ Street
CMX3 · 0.15 mi away
Max bid to a builder $1.3M · Opportunity Score 89
Unlock →
~74buildable units
████████ Street
CMX2 · 0.48 mi away
Max bid to a builder $1.2M · Opportunity Score 88
Unlock →
~70buildable units
████████ Street
CMX3 · 0.17 mi away
Max bid to a builder $1.1M · Opportunity Score 87
Unlock →
~60buildable units
████████ Street
CMX2 · 0.40 mi away
Max bid to a builder $839K · Opportunity Score 85
Unlock →
Unlock the 89 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.

27u3216 N 16th St0.11 mi
43u3249 N 16th St0.13 mi
28u3120 N Park Ave0.19 mi
In the news

What we're hearing about this project

Construction permits were issued in January 2026 for a four-story, 40-unit apartment building (Building B) designed by Harman Deutsch Ohler Architecture, with construction costs estimated at $3 million.
News items are compiled automatically and may be approximate — verify before relying on them.
Progress

How this project is moving

In permitting ~18% 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.