Multi-family report

639 N 40th St

3 stories3,408 sqftRM1built 2024

Property at a glanceMulti-family

Entity-held

2026 assessment
$840K 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$500K$1.0MZIP 19104 (University City · West Powelton) median$860K200220072012201720222027
Property assessmentBlock median & rangeZIP 19104 (University City · West Powelton) medianAssessmentLand buyL&I violationPermitInspectionLicenseCertification

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 record21 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. LicenseNK99 INVESTMENTS LLC: Rental landlord or residential registration initially issued
  3. PermitNew Construction
  4. PermitNew Construction or Additions
  5. PermitNew Construction or Additions
  6. PermitNew Construction
  7. PermitNew Construction
  8. PermitNew Construction
  9. PermitNew Construction
  10. PermitNew construction, addition, GFA change
  11. Land buyLand record $86K
  12. Land buyLand record $130K
  13. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  14. L&I violationCLIP VIOLATION NOTICE
  15. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  16. L&I violationCLIP VIOLATION NOTICE
  17. LicenseAGA HOLDINGS LLC: Vacant Residential Property / Lot landlord or residential registration initially issued
  18. LicenseAGA HOLDINGS LLC: Vacant Residential Property / Lot landlord or residential registration marked inactive
  19. InspectionBC INSP (likely: building-code inspection)
  20. InspectionL_FINAL
  21. InspectionL_INITIAL

Flags: material assessment exemption; legal basis and term unverified · active rental license. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$4,155/year estimated property tax

2026 taxable assessment $296,800 × 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 $860,000. 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 242242000
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $296,800 of $840,000 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.”

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 ~$4,155/year

$296,800 taxable basis

Difference to verify+$7,603/year
If the full assessment were taxable ~$11,758/year

$840,000 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: ($840,000 assessed − $543,200 exempt) × 1.3998% ≈ $4,155/year Full-assessment scenario: $840,000 × 1.3998% ≈ $11,758/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.

Stories
3
Interior
3,408 sqft livable area
Lot
1,764 sqft
Exterior condition
Newer construction city code 1
Newer construction
Interior condition
Newer construction city code 1
Newer construction
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

Nk99 Investments LLC · corporate / LLC owner

• Tax bills mail to 2065 Huntingdon Rd, Huntingdon Valley PA, 19006 — outside Philadelphia
• Holds an active rental license for this address

Block context

600 block of N 40th St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 637 N 40th St  ·  641 N 40th 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.

NK99 INVESTMENTS LLCActive

Rental · Initial issue date Feb 21, 2024 · Filed expiration Feb 20, 2027

AGA HOLDINGS LLCInactive

Vacant Residential Property / Lot · Initial issue date Jul 6, 2010 · Terminal license date Jul 6, 2010

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 21 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2025-023291 · Certified

    Expires 2026-08-26

  2. License issue eventNK99 INVESTMENTS LLC: Rental landlord or residential registration initially issued

    License 944784 · Active

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

  3. PermitNew Construction

    Permit MP-2023-001467 · Completed

    FOR THE INSTALLATION OF HVAC APPLIANCES, EQUIPMENT, DUCTWORK AND REGISTERS/DIFFUSERS PER APPROVED PLANS AND MANUFACTURER'S SPECIFICATIONS. *2018 IMC REVIEW*

  4. PermitNew Construction or Additions

    Permit PP-2023-009520 · Completed

    INSTALL 4 KITCHEN SINKS, 6 WATER CLOSETS, 8 LAVATORIES, 6 SHOWER/TUBS, 4 HOT WATER HEATERS, 4 WASHING MACHINE BOXES, 1 FLOOR DRAIN, 4 HUB DRAINS, 2 EJECTOR SUMP PUMPS, 2 SUMP PUMPS, 4 BACKWATER VALVES, 1 BACKFLOW PREVENTER, 2 ROOF DRAINS, 6 AREA DRAINS AND 3 HOSE BIBBS ACCORDING TO THE 2018 PPC AND PER PLANS.

  5. PermitNew Construction or Additions

    Permit PP-2023-008916 · Completed

    Installing 1 1/2" Water Service, 5" Curb Trap, 4" Main Drain, 4" Fresh Air Inlet

  6. PermitNew Construction

    Permit EP-2023-003668 · Completed

    Install 400 AMP Service to the property. Install 127 fixtures, 61 switches, 127 receptacles, 10 (110V)hardwired smoke alarms. Provide 4 lines for A/C units with disconnects outdoor. Install Fire Alarm System . ALL WORK IS TO BE DONE ACCORDING TO APPROVED DRAWINGS-2017 NEC,2016 NFPA-72,2018 PHILA FIRE CODE.

  7. PermitNew Construction

    Permit FP-2023-000840 · Completed

    INSTALL NEW FIRE SUPPRESSION SYSTEM COMPLYING WITH NFPA 13 THROUGHOUT THE BUILDING TO INCLUDE 2" MAIN FIRE SERVICE LINE WITH 2 " WILKINS XLT2 BACKFLOW PREVENTER AND AUTOMATIC FIRE SUPPRESSION SYSTEM. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. FIRE SUPPRESSION SYSTEM TO BE INSTALLED IN ACCORDANCE WITH NFPA 13 STANDARD.

  8. PermitNew Construction

    Permit CP-2022-006450 · Completed

    FOR THE ERECTION OF AN ATTACHED, THREE-STORY STRUCTURE OF TYPE VB CONSTRUCTION AS PER PLANS. FOR FOUR (4) DWELLING UNITS WITH LAYOUT AS SHOWN.

  9. PermitNew Construction

    Permit CP-2022-001348 · Cancelled

    FOR NEW CONSTRUCTION OF AN ATTACHED THREE-STORY BUILDING WITH CELLAR, ROOF DECKS AND ROOF-DECK ACCESS STRUCTURES PER APPROVED PLANS. BUILDING TO BE FULLY SPRINKLERED WITH NFPA 13. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING AND FIRE SUPPRESSION.

  10. PermitNew construction, addition, GFA change

    Permit ZP-2021-014583 · Completed

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH TWO (2) ROOF DECKS AND TWO (2) ROOF DECK ACCESS STRUCTURES. SIZE AND LOCATION AS SHOWN IN APPLICATION/PLANS.

  11. Land recordLand record

    2021

  12. Land recordLand record

    2021

  13. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 401062 · Violation 2925646 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  14. ViolationCLIP VIOLATION NOTICE

    Case 401062 · Violation 2925645 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 289054 · Violation 2158590 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. ViolationCLIP VIOLATION NOTICE

    Case 289054 · Violation 2158589 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  17. License issue eventAGA HOLDINGS LLC: Vacant Residential Property / Lot landlord or residential registration initially issued

    License 507763 · Inactive

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

  18. License terminal eventAGA HOLDINGS LLC: Vacant Residential Property / Lot landlord or residential registration marked inactive

    License 507763 · Inactive

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

  19. InvestigationBC INSP (likely: building-code inspection)

    Case 96139 · CLOSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. City marked the record closed; open the case for the closing reason.

  20. InvestigationL_FINAL

    Case 1583 · PASSED

    The cited inspection visit was marked passed.

  21. InvestigationL_INITIAL

    Case 1583 · CLOSED

    City marked the record closed; open the case for the closing reason.

Where this comes from

Methodology & freshness

This report was assembled Jul 27, 2026, 7:40 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)