Apartment building report

5521-23 Market St

6 stories25,578 sqftCMX3built 1940

Property at a glanceIndustrial building

Market Philly LLC

2026 assessment
$685K OPA value, not a listing price
2027 published assessment
$685K Future roll, not the current tax bill
Neighborhood area
Walnut Hill · Haddington Approximate · based on ZIP 19139
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 $684,500. It is not yet the billed-year tax basis.

$0$500K$1.0M$685K201320162019202220252027
Property assessmentAssessmentDeed / saleAppealPermit

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 record12 events · exact dates, newest first
  1. PermitAddition and/or Alteration
  2. PermitAlterations
  3. PermitAddition and/or Alterations
  4. PermitNew Construction
  5. PermitAlterations
  6. PermitNew Construction
  7. PermitAddition and/or Alteration
  8. PermitInterior Non-Load-Bearing Wall Demo.
  9. PermitChange of Use
  10. AppealZBA Permit Denial - Variance
  11. Deed / saleDeed / sale $650K
  12. Deed / saleDeed / sale $303K

Verify the public record

$9,582/year estimated property tax

2026 taxable assessment $684,500 × 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 $684,500. 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 881000984
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

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

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

What it is
Industrial building Ind Warehouse Masonry
Owner
Market Philly LLC
$ / sq ft
$27 below the $147 median for 2,826 apartments parcels citywide
Corridor
56th and Market city commercial corridor
Interior area
25,578 sqft
Lot size
4,633 sqft
Stories
6
Built
1940
Zoning
CMX3

Recorded owner

Who's behind it

Market Philly LLC · corporate / LLC owner

• Tax bills mail to 140 Remsen St 2nd FL, Brooklyn NY, 11201 — outside Philadelphia

Block context

5500 block of Market St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 5519 1/2 Market St  ·  5515-19 Market St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 12 dated rows
  1. PermitAddition and/or Alteration

    Permit EP-2026-004603 · Issued

    Furnish and install a complete fire alarm system for a six-story mixed-use building. Work includes installation of the fire alarm control panel (FACP), remote annunciator(s), initiating devices, notification appliances, control modules, monitoring equipment, and all associated wiring and raceways. All work to be perform according to the 2017 NEC, 2016 NFPA 72 and per approved plans.

  2. PermitAlterations

    Permit PP-2024-001644 · Issued

    REPAIR/REPLACE SANITARY AND STORM MD, CT, FAI & 4" WDP.

  3. PermitAddition and/or Alterations

    Permit FP-2023-002156 · Issued

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 6" MAIN FIRE SERVICE LINE WITH 6" AMES LFCOLT300GV BACKFLOW PREVENTION ASSEMBLY, PEERLESS FIREPUMP TO INCLUDE THE INSTALLATION OF TWO STANDPIPES IN EXIT STAIRWAYS, STANDPIPES TO BE INTERCONNECTED PER NFPA 14. AS PER APPROVED PLANS. ALL WORK SHALL BE PERFORMED BY A FIRE SUPPRESSION CONTRACTOR LICENSED BY THE CITY OF PHILADELPHIA.

  4. PermitNew Construction

    Permit EP-2023-004812 · Issued

    Wire 58 apt and 2 commercial spaces with lights, outlets, switches, and CO/smoke alarms. Install 1600 amp service with 61 meters as per 2017 NEC. ***NOT APPROVED FOR FIRE ALARM***

  5. PermitAlterations

    Permit PP-2023-006041 · Issued

    INSTALL 58 WATER CLOSETS, 58 LAVATORIES, 58 SHOWER/TUBS, 58 KITCHEN SINKS, 36 DISHWASHERS, 1 BOOSTER PUMP, 1 BACKFLOW PREVENTER, 3 HOT WATER HEATERS, 4 WASHING MACHINE BOXES, 2 FLOOR DRAINS AND 1 SUMP PUMP ACCORDING TO THE 2018 PPC AND PER PLANS.

  6. PermitNew Construction

    Permit MP-2023-001535 · Issued

    For installation of HVAC system to serve the apartment building as per approved plans.

  7. PermitAddition and/or Alteration

    Permit CP-2021-009303 · Issued

    ALTERATION WITHIN AN EXISTING 6-STORY STRUCTURE FOR USE AS VACANT COMMERCIAL SPACE ON A PORTION OF THE FIRST FLOOR (USE REGISTRATION AND CO REQUIRED PRIOR TO OCCUPANCY) AND FOR FIFTY-EIGHT (58) DWELLING UNITS FROM ABOVE. ALL WORK TO BE DONE PER APPROVED PLAN. AMENDMENT (1/10/2023) TO REVISE LAYOUT TO ADD A CLOSET IN THE COMMON AREA, RELOCATE ACCESSIBLE UNITS, ADD EGREE WELL AND UPDATE KITCHEN AS PER REVISED PLANS.

  8. PermitInterior Non-Load-Bearing Wall Demo.

    Permit GM-2022-000175 · Completed

    Removing interior non-baring partitions in an existing building AS PER EZ INTERIOR STANDARD

  9. PermitChange of Use

    Permit ZP-2021-010321 · Issued

    Residential - Household Living - Multi-Family

  10. AppealZBA Permit Denial - Variance

    Appeal 37210 · In Process · Withdrawn

    PERMIT FOR THE LOT ADJUSTMENT TO CREATE ONE(1) PARCEL "PARCEL C" FROM TWO(2) OPA ACCOUNTS ( 5521-23 MARKET ST 5527 MARKET ST TOGETHER WITH A PORTION OF 9-17 N 56TH STREET TO CREATE A ZONING LOT)) "PARCEL C" : FOR THE ERECTION OF ONE(1)

  11. Recorded transfer$650K transfer

    2017

  12. Recorded transfer$303K transfer

    2013

Where this comes from

Methodology & freshness

This report was assembled Jul 30, 2026, 9:01 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)