Multi-family report

1261-63 N Newkirk St

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8 bd4 ba3,700 sqftRM1built 2017

Property at a glanceApartment building

Entity-held

2026 assessment
$1.1M OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$1.0M$2.0MZIP 19121 (Brewerytown · Sharswood) median$605K2015201720192021202320252027
Property assessmentBlock median & rangeZIP 19121 (Brewerytown · Sharswood) medianAssessmentDeed / salePermitLicense

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 record11 events · exact dates, newest first
  1. LicenseVLMI MANAGEMENT I LLC: Rental landlord or residential registration initially issued
  2. PermitPlumbing
  3. PermitElectrical
  4. PermitMechanical
  5. PermitElectrical
  6. PermitNew construction
  7. PermitPlumbing
  8. PermitSuppression
  9. PermitPlumbing
  10. Deed / saleDeed / sale $25K
  11. PermitZoning/use

Flags: material assessment exemption; legal basis and term unverified · active rental license · $123 recorded in the June 2022 delinquency snapshot; verify current balance. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$3,101/year estimated property tax

2026 taxable assessment $221,540 × 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 $605,100. 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 292109410
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $221,540 of $1,107,700 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Historical delinquency sources Record found

$122.53 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot for 2017. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

$0.00 principal$12.78 interest$11.37 penalty$98.38 other charges
1year recorded 2017tax period 2021-02-10last payment in snapshot Yesactionable flag Nopayment agreement Nobankruptcy flag Noassessment appeal

The snapshot’s 2022 context used $738,700 total assessment, $210,529 taxable, and $528,171 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.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$3,101/year

$221,540 taxable basis

Difference to verify+$12,405/year
If the full assessment were taxable ~$15,506/year

$1,107,700 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($1,107,700 assessed − $886,160 exempt) × 1.3998% ≈ $3,101/year Full-assessment scenario: $1,107,700 × 1.3998% ≈ $15,506/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
8
Bathrooms
4
Interior
3,700 sqft livable area
Lot
1,450 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
Above average city code 3
Interior condition
Above average city code 3
Quality grade
A assessor's grade
Zoning
RM1 city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Recorded owner

Who's behind it

Vlmi Management I LLC · corporate / LLC owner

• Tax bills mail to 82 Home Rd, Hatboro PA, 19040 — outside Philadelphia
• Holds an active rental license for this address

Block context

1200 block of N Newkirk St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1257-59 N Newkirk St  ·  1265-71 N Newkirk 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 30, 2026.

Landlord and residential filings

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

VLMI MANAGEMENT I LLCActive

Rental · Initial issue date Jan 24, 2020 · Filed expiration Jan 23, 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 11 dated rows
  1. License issue eventVLMI MANAGEMENT I LLC: Rental landlord or residential registration initially issued

    License 834956 · Active

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

  2. PermitPlumbing

    Permit 974226 · COMPLETED

    INSTALL DRAIN AND WATER LINES FOR 7 TOILETS, 7 VANITIES, 7 TUBS, 4 KITCHEN, 4 LAUNDRY.

  3. PermitElectrical

    Permit 946425 · COMPLETED

    400 AMP MAIN SYSTEM NEW WIRING INCLUDE OUTLETS, SWITCHES, LIGHTS, SMOKE DETECTORS AS PER NFPA 72.(NORTH DIST)

  4. PermitMechanical

    Permit 963737 · COMPLETED

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- FOR THE INSTALLATION IF NEW DUCTWORK, REGISTERS/GRILLES/DIFFUSERS, AND WARM-AIR APPLIANCES AS PER ATTACHED STANDARDS. DEVIATIONS FROM THESE STANDARDS REQUIRE SUBMISSION OF CONSTRUCTION AND SITE PLANS. INSTALL FOUR NEW TRANE ELECTRIC AIR HANDLERS WITH 14 SEER HEAT PUMPS AND ALL NEW DUCTWORK CONTAINED IN EACH UNIT WITH NO PENETRATIONS OF RATED ASSEMBLIES

  5. PermitElectrical

    Permit 949830 · COMPLETED

    INSTALLING A VISTA 32 1 REMOTE ANNUNCIATOR, 2 PULLS 1 SMOKES 2 HORN STROBES 14 HORNS 2 MONITOR MODULES FOR SPRINKLER SYSTEM SUPERVISION.

  6. PermitNew construction

    Permit 709281 · COMPLETED

    FOR THE CONSTRUCTION OF A FOUR-STORY BUILDING TO CONTAIN FOUR (4) DWELLING UNITS, AS PER APPROVED PLANS. SEE APP# 701432 FOR APPROVED PLANS.

  7. PermitPlumbing

    Permit 952525 · COMPLETED

    INSTALL 4-3/4" WATER LINES 5" CURB TRAP 4" MAIN DRAIN 4" FAI

  8. PermitSuppression

    Permit 947162 · COMPLETED

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE AND 2" APOLLO/CONBRACO DCLF4A BACKFLOW PREVENTION ASSEMBLY AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  9. PermitPlumbing

    Permit 890491 · COMPLETED

    NEW CONSTRUCTION: INTERIOR PLUMBING; 4 STORY BUILDING;4 DWELLING UNITS; 8-TOILETS, 8-VANITIES, 8-TUBS, 4-KITCHEN, & 4-LAUNDRY -THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004

  10. Recorded transfer$25K transfer

    2017

  11. PermitZoning/use

    Permit 670250 · COMPLETED

    SUBDIVIDE LOT 1257 N NEWKIRK STREET INTO 3 SEPERATE LOTS, A,B,C. THIS INCLUDES DEMOLTION OF AN EXISTING 1 STORY BUILDING AND TO CONSTRUCT ON PARCEL (A) A NEW 4 STORY RESIDENTIAL BUILDING WITH 4 RESIDENTIAL DWELLING UNITS AND A FULL CELLAR BASEMENT PER ENCLOSED PLANS.

Where this comes from

Methodology & freshness

This report was assembled Jul 31, 2026, 12:44 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)