20-22 S Bank St, PHILADELPHIA, PA

$1,300,000

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0.05

Acres

About 20-22 S Bank St

Exceptional shovel-ready development opportunity in the highly desirable Old City neighborhood! This project includes approved plans and permits for a luxury five-unit condominium building designed with modern, upscale finishes. Four residences are thoughtfully designed with approximately 1,720 square feet of living space, offering 2 bedrooms, 2 full bathrooms, an open-concept living, dining, and kitchen area, a private 200-square-foot balcony, elevator access directly to each unit, and dedicated private storage. Crowning the development is an impressive penthouse featuring approximately 1,720 square feet on the sixth floor plus a 450-square-foot mezzanine with breathtaking city views. The building also includes four private garage parking spaces, adding exceptional value and convenience. The foundation has already been completed, allowing the next owner to continue construction immediately. Approved plans, permits, and tax abatement documentation are available upon request. With construction already underway and the seller planning to increase the price as progress continues, this is a rare opportunity for developers and investors to bring a premier luxury condominium project to life in one of Philadelphia's most sought-after neighborhoods. Drive by & Make an Offer!

Features of 20-22 S Bank St

MLS® # PAPH2652958
Price $1,300,000
Bathrooms 0.00
Acres 0.05
Type Land
Sub-Type Land
Status Active

Community Information

Address 20-22 S Bank St
Area 19106
Subdivision OLD CITY
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19106

Amenities

View Street
Is Waterfront No

Exterior

Lot Description Corner

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed August 11th, 2026
Days on Market 29
Zoning CMX3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLPT Realty, LLC

Listing Map

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