Mixed-use property report

140-42 N 3rd St

4,680 sqftCMX3built 1920

Property at a glanceApartment building

140-42 North 3rd Street

2026 assessment
$1.0M OPA value, not a listing price
2027 published assessment
$983K Future roll, not the current tax bill
Neighborhood area
Old City · Society Hill Approximate · based on ZIP 19106
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 $982,800. It is not yet the billed-year tax basis.

$0$1.0M$2.0M$983K2015201720192021202320252027
Property assessmentAssessmentAppealPermitLicense

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 record15 events · exact dates, newest first
  1. License140-142 North 3rd Street Associates llc: Rental landlord or residential registration initially issued
  2. PermitChange of Use
  3. License140-142 N 3rd Street Associates llc: Vacant Residential Property / Lot landlord or residential registration marked inactive
  4. PermitAdministrative
  5. PermitElectrical
  6. PermitPlumbing
  7. License140-142 N 3rd Street Associates llc: Vacant Residential Property / Lot landlord or residential registration initially issued
  8. PermitMechanical
  9. PermitSuppression
  10. PermitMajor alteration
  11. PermitMajor alteration
  12. AppealBuilding standards appeal
  13. PermitUse
  14. PermitInterior Non-Load-Bearing Wall Demo.
  15. PermitMajor alteration

Verify the public record

$6,833/year estimated property tax

2026 taxable assessment $488,146 × 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 $982,800. 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 871003325
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $488,146 of $1,000,300 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.”

Property report

Mixed-use property

Apartment building, recorded in the City's mixed-use category. The public record and owner trail follow.

What it is
Apartment building Str/Off+Apt 4 Sty Masonry
Owner
140-42 North 3rd Street
$ / sq ft
$210 assessed value ÷ interior sqft
Corridor
Old City city commercial corridor
Licensed units
3 active rental license
Interior area
4,680 sqft
Lot size
1,230 sqft
Built
1920
Zoning
CMX3

Recorded owner

Who's behind it

140-42 North 3rd Street · corporate / LLC owner

• Tax bills mail to 132 N 3rd St, Philadelphia PA, 19106
• Holds an active rental license for this address

Block context

100 block of N 3rd St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 138 N 3rd St  ·  136 N 3rd 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 23, 2026.

Landlord and residential filings

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

140-142 North 3rd Street Associates llcActive

Rental · Initial issue date Sep 13, 2023 · Filed expiration Sep 12, 2026

140-142 N 3rd Street Associates llcInactive

Vacant Residential Property / Lot · Initial issue date May 16, 2016 · Terminal license date Jul 14, 2017

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 15 dated rows
  1. License issue event140-142 North 3rd Street Associates llc: Rental landlord or residential registration initially issued

    License 933125 · Active

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

  2. PermitChange of Use

    Permit ZP-2023-008581 · Issued

    Visitor Accommodations

  3. License terminal event140-142 N 3rd Street Associates llc: Vacant Residential Property / Lot landlord or residential registration marked inactive

    License 702042 · Inactive

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

  4. PermitAdministrative

    Permit 676046 · COMPLETED

    AMEND PERMIT APPLICATION #648324: WORK TO INCLUDE NEW FIRST FLOOR FRAMING DUE TO TERMITE DAMAGE PER SUBMITTED DRAWINGS.

  5. PermitElectrical

    Permit 667856 · COMPLETED

    WIRE 1ST FLOOR RETAIL SPACE AND 3 APT INCL LIGHT FIXTURES, RECEPTACLES, GFI'S, 4 HVAC SYSTEMS, 600 AMP SERVICE INCLUDING 5 GANG METER PACK, 1 HOUSE PNL & 4 TENANT PANELS PER 2008 NEC (MIXED USE)INSTALL COMPLETE FIRE ALARM PER NFPA 72

  6. PermitPlumbing

    Permit 692748 · COMPLETED

    ALTERATION: INTERIOR PLUMBING OF 4-STORY BUILDING WITH COMMERCIAL ON THE 1ST FLOOR AND (3) DWELLING UNITS ON THE 2ND,3RD & 4TH FLOORS (MIXED USE). THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE, 2004.

  7. License issue event140-142 N 3rd Street Associates llc: Vacant Residential Property / Lot landlord or residential registration initially issued

    License 702042 · Inactive

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

  8. PermitMechanical

    Permit 689042 · COMPLETED

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- FOR THE INSTALLATION OF NEW DUCTWORK, REGISTERS/GRILLES/DIFFUSERS, AND WARM-AIR APPLIANCES AS PER ATTACHED STANDARD. DEVIATIONS FROM THIS STANDARD WILL RESULT IN PERMIT REVOCATION AND REQUIRE SUBMISSION OF CONSTRUCTION PLANS.

  9. PermitSuppression

    Permit 672793 · COMPLETED

    FOR THE INSTALLATION OF AN AUTOMATIC FIRE SUPPRESSION SYSTEM THROUGHOUT A MIXEED-USE STRUCTURE IN ACCORDANCE WITH NFPA 13 (COMMERCIAL) AND 13R (RESIDENTIAL) STANDARDS. SYSTEM IS EQUIPPED WITH A BACKFLOW PREVENTION ASSEMBLY AND SERVICED VIA 2" FIRE SERVICE MAIN LINE.

  10. PermitMajor alteration

    Permit 676022 · COMPLETED

    REMOVE SUBFLOOR & FLOOR JOISTS IN AREA DAMAGED BY TERMITES.

  11. PermitMajor alteration

    Permit 648324 · COMPLETED

    FOR LEVEL 3 ALTERATION TO EXISTING FOUR (4) STORY STRUCTURE TO CREATE A SEPARATED MIXED-USED BUILDING WITH "M" OCCUPANCY ON THE FIRST FLOOR AND R-2 OCCUPANCY ABOVE AS PER PLANS. TWO HOUR RATED SEPARATION REQUIRED BETWEEN OCCUPANCIES. SEE BBS VARIANCE 26523. SEPARATE PERMIT REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION WORK.

  12. AppealBuilding standards appeal

    Appeal 26523 · CLOSED · APPROVED

    Related permit 648324 · ON 11/19/2015, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #648324.

  13. PermitUse

    Permit 648319 · COMPLETED

    FIRST FLOOR USE AS RETAIL SALE OF CONSUMER GOODS, SECOND FLOOR RESIDENTIAL DWELLING UNIT (1), THIRD FLOOR RESIDENTIAL DWELLING UNIT (1), FOURTH FLOOR RESIDENTIAL DWELLING UNIT (1).NO SIGNS ON THIS APPLICATION

  14. PermitInterior Non-Load-Bearing Wall Demo.

    Permit 647986 · Expired

    INTERIOR NON STRUCTURAL DEMOLITION EZ INTERIOR DEMOLITION- For the interior demolition of non load-bearing partition walls and ceilings as per attached standard. Deviations from this standard will result in permit revocation and require submission of construction plans.

  15. PermitMajor alteration

    Permit 576326 · EXPIRED

    LEVEL I ALTERATIONS TO INCLUDE REPLACE THE EXISTING SIDEWALK AND STOREFRONT, REPLACE EXISTING WINDOW UNITS AT EACH FLOOR LEVEL AND RESTORE EXISTING ARCH ELEMENTS OF THE FACADE AS PER APPROVED PLANS AND PHC APPROVAL.

Where this comes from

Methodology & freshness

This report was assembled Jul 24, 2026, 6:20 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)