Commercial property report
1025 Market St
3 stories184,000 sqftCMX5built 1977
Keystone Philadelphia Properties L P
Assessment and City record timeline
The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.
Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $25,576,000. It is not yet the billed-year tax basis.
- OPA assessment · 2016$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2017$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2018$6.3M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2019$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2020$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2021$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2022$6.1M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2023$26M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2024$26M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2025$26M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2026$26M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- OPA assessment · 2027$26M assessed valueOPA’s value on the City tax roll for that year. It is not an appraisal, listing price, sale price, or live tax balance.How Philadelphia property assessments work ↗
- Permit · 2015-06-22DemolitionThis permit category usually covers partial or complete removal work. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-03-04ElectricalThis permit category usually covers electrical installation, alteration, replacement, or repair. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Permit · 2016-10-21ZoningThis permit category usually covers the property’s allowed use, dimensions, occupancy, or site configuration. The approved scope—not the short category—defines what was authorized, and issuance alone does not prove completion.Philadelphia construction and repair permits ↗
- Inspection · 2005-12-29CI INSPA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2009-11-17CI INSPA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
- Inspection · 2010-01-20CI INSPA dated L&I visit or review. Its type describes the inspection program; the separate result and later rows show whether that visit passed, failed, or led to follow-up.What Philadelphia inspections check ↗
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
- PermitZoning
- PermitElectrical
- PermitDemolition
- InspectionCI INSP
- InspectionCI INSP
- InspectionCI INSP
Verify the public record
Property tax
$358,013/year estimated property tax
2026 taxable assessment $25,576,000 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.
OPA has published a 2027 assessment of $25,576,000. It is not the 2026 billed-year value.
Payments, credits, interest, and the current amount due are maintained by the City.
OPA 8825081002026 taxable assessment equals the full assessed value.
Historical delinquency sources Record found
$13,390.63 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2019–2021. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.
The snapshot’s 2022 context used $6,094,500 total assessment, $6,094,500 taxable, and $0 exempt/abated. Those historical fields can differ from today’s OPA exemption status.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
Property report
Commercial property
Store, recorded in the City's commercial category. The public record and owner trail follow.
$13K · Jun 2022 delinquency snapshot
Recorded owner
Who's behind it
Keystone Philadelphia Properties L P · corporate / LLC owner
• Owns 3 properties across Philadelphia under this name, assessed at $73M combined
• Tax bills mail to 401 Wilshire Boulevard Suite 700 C/O Macerich, Santa Monica CA, 90404 — outside Philadelphia
Block context
1000 block of Market St. Compare parcels, ownership, and public-record history.
See the whole block →Next door: 1001-19 Market St · 1026-44 Market St
L&I licenses checked through Jul 25, 2026
No business or residential license records
No business license or residential registration matched this OPA parcel in the latest City data.
Open every source row 6 dated rows
- PermitZoning
Permit 730167 · COMPLETED
FOR THE ESTABLISHMENT OF UNITY OF USE TO CREATE ONE (1) LOT FOR ZONING PURPOSES (TO BE KNOWN AS 907-37 MARKET STREET) WITH RESTRICTIVE COVENANTS, AGREEMENTS AND EASEMENTS TO BE RECORDED BY DEED TO BIND CURRENT AND FUTURE OWNERS OF THE CONTIGUOUS TEN (10) (801S MARKET ST # A, 833 MARKET ST, 901S MARKET ST # A, 901 MARKET ST, 903 MARKET ST, 905 MARKET ST, 907-37 MARKET ST, 1001-19 MARKET ST, 1025 MARKET ST, 15-19 N 10TH ST) PARCELS TO PRESERVE THE UNITY OF USE AND THE LEGALITY OF THE ENTIRE PROJECT THAT STEMS FROM SINGLE ZONING LOT TREATMENT. PRIOR TO ISSUANCE OF CERTIFICATE OF OCCUPANCY, PROOF OF RECORDATION OF EASEMENTS, AGREEMENTS AND RESTRICTIVE COVENANTS MUST BE SUPPLIED. SEE A/P NO 728943.
- PermitElectrical
Permit 667218 · COMPLETED
INSALL TEMPORARY RECEPTACLES AND LIGHTING FOR DEMOLITION BY OTHERS IN GALLERY MALL AS PER 2008 NEC (CC DISTRICT)
- PermitDemolition
Permit 617322 · COMPLETED
SELECTIVE INTERIOR DEMOLITION PER EZ PERMIT STANDARDS OF FORMER TENANT SPACES TO INCLUDE NON-BEARING PARTITIONS, FLOORING, CEILINGS, FIXTURES, FF&E, DUCTWORK , EXISTING ESCALATORS AND ELEVATORS, PLUMBING AND ELECTRICAL SYSTEMS
- InvestigationCI INSP
Case 49255 · CLOSED
City marked the record closed; open the case for the closing reason.
- InvestigationCI INSP
Case 49255 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
- InvestigationCI INSP
Case 49255 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Where this comes from
- Assessment, spec sheet & owner: OPA Property Assessments, Office of Property Assessment
- Sales & deed history: Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections: L&I Property History · Atlas
- Tax delinquency snapshot · June 2022: Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016: Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance: Verify with Philadelphia Revenue
- Zoning appeals: L&I & Zoning Board appeals
- Imagery: Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 27, 2026, 1:42 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.
Official city record ↗ · L&I history ↗ · See the whole block · Download this record (JSON)
