Philadelphia · Commercial sale
Hong Xing buys 8 parcels in Philadelphia for $8.9 million
A group of 8 parcels including 5520 Whitaker Ave Unit J1, Philadelphia sold for $8,900,000 on August 10, 2026. See the seller and buyer net sheets for.
- Sale price
- $8,900,000
- Sold
- August 10, 2026
- Property type
- Group of 8 parcels
A group of 8 parcels that includes 5520 Whitaker Ave Unit J1 in Philadelphia changed hands for $8,900,000 on August 10, 2026, according to the Philadelphia Department of Records' real estate transfer records.
An aerial photo of the property shows a site that holds a large parking lot, with industrial buildings around it.
The record lists Hong Xing LLC as the buyer and Roosevelt Blvd Investments LLC as the seller.
What this sale costs to close
What does closing cost at this price? Under Philadelphia custom the seller's larger charges are $159,221 for the philadelphia realty transfer tax and $44,500 for the state realty transfer tax. The seller's estimated net is $8,643,776 before brokerage commissions and any loan payoff. A cash buyer would need about $9,179,928 at closing.
Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54583632. 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.
