The Block Report

Apartment building report

150 S Independence Mall W

10 stories · 75,000 sqft · CMX5 · built 1927

Hotel · 229 units · 150 Philly LLC · assessed $67M (2026) · 2027 OPA assessment $67M. On the 100 block of S Independence Mall.

Street view of 150 S Independence Mall W
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

Assessment$67,000,0002026 OPA assessment · 2027: $67,000,000 Last sale$26MRecorded 2019 Est. tax bill$419,941/year2026 taxable assessment · full-value scenario $937,866/year · basis and term unverified Tax delinquency$1.2MCity snapshot · Jun 2022 Permits4Dated events in report Violations0 openNo historical match in fetched records

“Open” reflects records available then historical records keep their source dates estimates are labeled

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The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$419,941/year

2026 taxable assessment $30,000,041 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $67,000,000; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 881000279
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $30,000,041 of $67,000,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$937,866/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources Record found

$1,166,089.37 was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

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

What stands out

From the public record
Finding

New construction

Record summary

new construction appears in a 2022 permit with a reduced taxable assessment shown.

View supporting records →

The property record, over time

Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $67,000,000; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$50M$100M$67M20202022202420262027
Property assessmentAssessment

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.

Apartment buildingBuilding report

This is a hotel, recorded under the city's apartments category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.

$1.2M · Jun 2022 delinquency snapshot

What it is
Hotel
Hotel 10-14 Sty Masonry
Owner
150 Philly LLC
OPA tax treatment
Assessed $67M
Taxable assessment on the roll
$ / sq ft
$893
above the $151 median for 3,983 apartments parcels citywide
Corridor
Old City
city commercial corridor
Licensed units
229
active rental license
Assessed value
$67,000,000
2026 OPA · 2027: $67,000,000
Interior area
75,000 sqft
Stories
10
Built
1927
Zoning
CMX5

Who's behind it

150 Philly LLC · corporate / LLC owner

• Tax bills mail to 140 Remsen St 2nd Floor, Brooklyn NY, 11201 — outside Philadelphia
• Holds an active rental license for this address

PA corporate registry ↗OpenCorporates ↗City record ↗

Block context

150 S Independence Mall W sits on the 100 block of S Independence Mall. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 150 S Independence Mall W  ·  150 S Independence Mall W

Where this comes from
Methodology & freshness

This report was assembled Jul 9, 2026, 8:32 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. “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)