Philadelphia · Commercial sale

315 Parkside Holdings buys 315 S 50th St in Philadelphia for $2.95 million

An apartment building at 315 S 50th St, Philadelphia sold for $2,950,000 on July 7, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 315 S 50th St, Philadelphia with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Philadelphia Office of Property Assessment. The photo can predate the sale.
Sale price
$2,950,000
Sold
July 7, 2026
Property type
Apartment building
Building area
24,552 sq ft
Price per sq ft
$120
Year built
1951

An apartment building at 315 S 50th St in Philadelphia changed hands for $2,950,000 on July 7, 2026, according to the Philadelphia Department of Records' real estate transfer records.

The record lists Parkside Walnut LLC as the seller and 315 Parkside Holdings LLC as the buyer.

The Philadelphia Office of Property Assessment's records show 24,552 square feet of building area, a 1951 construction date and a 12,625-square-foot lot. At that size, the price works out to $120 per square foot. The market value on record is $3,252,600, a figure above the sale price.

What this sale costs to close

What does closing cost at this price? Under Philadelphia custom the seller's larger charges are $52,775.50 for the philadelphia realty transfer tax and $14,750 for the state realty transfer tax. The seller's estimated net is $2,860,816 before brokerage commissions and any loan payoff. A cash buyer would need about $3,050,405 at closing.

Customize this net sheet

315 S 50th St, Philadelphia, PA.

Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54571643. 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.

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