Kyle Brown - Real Estate
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Listing Specialist
Real Estate Professional Servicing Pennsylvania & Florida
A true trophy development opportunity in the heart of Old City,one of Philadelphia’s most iconic and supply-constrained corridors.
Positioned steps from some of the city’s best restaurants, cocktail bars, boutique hotels, art galleries, and historic landmarks ,this location is anchored by destinations like Fork , Zahav , Positano Coast , and Buddakan . Just moments from Independence Hall and Penn’s Landing, this is a neighborhood that consistently draws high-income residents, tourists, and lifestyle-driven buyers.
From award-winning dining to waterfront access and walkable nightlife,Old City delivers an experience that keeps demand strong year-round.
With a 9,100+ SF footprint, CMX-3 zoning, and the ability to deliver a luxury single residence, boutique condo project, or mixed-use concept, this is a rare chance to build at scale in an area where new high-end product is limited.
This isn’t just about the property—it’s about tapping into one of the most desirable live-work-play environments in Philadelphia.
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SERHANT:610-635-9977
develope investor invest
04/19/2026
232–36 Walnut St where zoning meets opportunity.
With CMX-3 zoning already in place, this site offers the ability to deliver a boutique luxury residential or multifamily project in one of the most historic and supply-constrained neighborhoods in the city. Proposed plans unlock over 40,000 SF of potential buildable space, creating the opportunity for a high-end, design-forward development tailored to today’s luxury buyer.
But what makes this even more compelling is the upside of Old City itself a neighborhood defined by walkability, top-tier dining, cultural landmarks, and continued residential demand. As Philadelphia continues to see growth in luxury inventory and buyer migration from NYC and surrounding markets, locations like this remain at the center of long-term value.
This is more than a development site,it’s a chance to create a landmark asset in one of Philadelphia’s most iconic neighborhoods.
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SERHANT:610-635-9977
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Philadelphia, PA
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