Philadelphia · Commercial sale
131 Walnut Holdings buys 131 S 48th St in Philadelphia for $2.6 million
An apartment building at 131 S 48th St, Philadelphia sold for $2,600,000 on July 7, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,600,000
- Sold
- July 7, 2026
- Property type
- Apartment building
- Building area
- 24,000 sq ft
- Price per sq ft
- $108
- Year built
- 1922
An apartment building at 131 S 48th St in Philadelphia sold for $2,600,000 on July 7, 2026, according to the Philadelphia Department of Records' real estate transfer records. The sale price came in 15% below the market value of $3,059,000 on record with the Philadelphia Office of Property Assessment.
Parkside Walnut LLC sold the property to 131 Walnut Holdings LLC. The building spans 24,000 square feet on a 10,000-square-foot lot, putting the price at $108 per square foot, according to the Philadelphia Office of Property Assessment's records.
The structure dates to 1922, according to the Philadelphia Office of Property Assessment.
What this sale costs to close
What does closing cost at this price? Under Philadelphia custom the seller's larger charges are $46,514 for the philadelphia realty transfer tax and $13,000 for the state realty transfer tax. The seller's estimated net is $2,521,374 before brokerage commissions and any loan payoff. A cash buyer would need about $2,689,049 at closing.
Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54571646. Property details: Philadelphia Office of Property Assessment. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
