PHILADELPHIA — The property is an 86,843-square-foot building at 2410-2450 E. York St. in Fishtown,
An 86,843-square-foot building at 2410-2450 E. York St. in Fishtown sold for $7.5 million. Referred to by its address of 2424 York, it is a three-story former industrial building converted into office space with lots of common areas where tenants can gather or collaborate. “The offices are private, cool and hip,” said Ken Mallin of MPN Realty Inc. Mallin and colleague Josh Nadel arranged the transaction. The seller was a partnership that involved Leo Addimando and the buyer a local group of investors.
Roman Catholic High School in Philadelphia paid $2.06 million for 1216-1232 Wood St., a 24,500-square-foot warehouse, that it will eventually use to expand its fine arts program and for additional parking. The seller was Bethanna, a social services agency. Andrew McGhee and Michael Barmash of Colliers International sold the property.
Orvo Properties bought 146-148 N. Bread St., a 5,000-square-foot historic structure, and 217 Quarry St., an adjacent small plot, in Philadelphia for $1.25 million. The seller, Alan Markowitz, had gutted the building and was going to convert it into a single-family residence but had a change of plans. The buyer hasn’t determined what to do with it. Michael Barmash of Colliers International represented the buyer while Veronica Blum and Steven Clofine of MPN Realty represented the seller.
A newly constructed property with 17 apartments at 1509-11 W. Girard Ave. in Philadelphia sold for about $2 million, or just under $240,000 a unit. Seaside Capital, a local investor, bought it while ROBO Development was the seller. Ken Weller, Mark Duszak and Corey Lonberger of Rittenhouse Realty Advisors handled the sale.
Natalie Kostelni, Reporter
Philadelphia Business Journal