2122-52 Sharswood StDelivered

Sharswood III LLC has delivered an eight-unit, three-story building at 2122–52 Sharswood Street in Brewerytown, part of a steady push of midsize multifamily product reshaping the blocks west of Broad. The project sits on a sizable 15,749-square-foot lot and was cleared to build in late 2022, with scope initially calling for a four-family structure before evolving into the larger configuration. The building went up under RM1 zoning, which allows this kind of rowhouse-scale multifamily by right, and the developer navigated a construction-type amendment along the way to shift from full NFPA 13 sprinkler requirements to the more typical 13R standard.

Sharswood III LLC acquired the assemblage in early 2025, suggesting either a post-construction sale or a refinancing event shortly after delivery. The ownership entity's numeric suffix hints at a serial approach—likely part of a broader platform working the neighborhood's inventory of wide or consolidated lots. The project adds to a tight cluster of recent infill: within half a mile, developers have delivered or are advancing 271 units, including the 40-unit building at 2000 Ridge Avenue and a pair of smaller projects on North 22nd Street.

The scale and formula here—three stories, eight units, masonry construction, modest density—tracks closely with what's penciling across Brewerytown's RM1 corridors. Sharswood Street's deep parcels make assemblage less necessary than on narrower blocks, and this project demonstrates how a single wide lot can absorb a double-digit-unit count without requiring zoning relief. As nearby Ridge Avenue sees larger plays in the 24- to 40-unit range, Sharswood and its side streets are filling in with this quieter, mid-density typology.

The delivery signals continued appetite for by-right opportunities in a neighborhood where land costs remain workable and where assembled or oversized lots don't sit idle long. With Sharswood III LLC's naming convention and the tight timing between construction approval and sale, expect similar plays on any remaining wide parcels between Ridge and the park—especially those that can absorb six to ten units without variances or community pushback.