Apartment building report

123 S Broad St

390,438 sqftCMX5built 1927

Property at a glanceApartments

Witherspoon Partners LP

2026 assessment
$31M OPA value, not a listing price
2027 published assessment
$29M Future roll, not the current tax bill
Neighborhood area
Avenue of the Arts · Center City Approximate · based on ZIP 19109
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

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 $29,209,400. It is not yet the billed-year tax basis.

$0$25M$50M$29M20232024202520262027
Property assessmentAssessmentPermitLicense

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.

Highlight
Every dated record3 events · exact dates, newest first
  1. PermitAddition and/or Alteration
  2. PermitAddition and/or Alterations
  3. LicenseWitherspoon Partners LP: Rental landlord or residential registration initially issued

Verify the public record

$116,326/year estimated property tax

2026 taxable assessment $8,310,193 × 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 $29,209,400. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 881000881
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $8,310,193 of $30,615,200 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Building report

Apartment building

Apartments, recorded in the City's apartments category. The public record and owner trail follow.

What it is
Apartments Off Bld Com No Gar Mason
Owner
Witherspoon Partners LP
$ / sq ft
$75 below the $147 median for 2,826 apartments parcels citywide
Corridor
Market East city commercial corridor
Licensed units
114 active rental license
Interior area
390,438 sqft
Lot size
65,073 sqft
Built
1927
Zoning
CMX5

Recorded owner

Who's behind it

Witherspoon Partners LP · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $51M combined
• Tax bills mail to 123 S Broad St Ste 850, Philadelphia PA, 19109
• Holds an active rental license for this address

Block context

100 block of S Broad St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 123 S Broad St  ·  123 S Broad St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

Witherspoon Partners LPActive

Rental · Initial issue date Jan 18, 2023 · Filed expiration Jan 17, 2027

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 3 dated rows
  1. PermitAddition and/or Alteration

    Permit EP-2026-005154 · Issued

    Provide and Install Data Cabling

  2. PermitAddition and/or Alterations

    Permit FP-2024-000223 · Completed

    EZ PERMIT SPRINKLER RELOCATION (NFPA 13)- For the Relocation of Sprinkler Heads as per attached standards. Deviations from these standards require submission of construction and site plans. Relocate 138 Sprinkler Heads

  3. License issue eventWitherspoon Partners LP: Rental landlord or residential registration initially issued

    License 914718 · Active

    License event. Registration does not prove present operation or storefront occupancy.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 2:19 AM 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)