Apartment building report

1701 Market St

18 stories · 464,562 sqft · CMX5 · built 1956

Apartments · 299 units · 1701 Market LLC · assessed $92M (2026) · 2027 OPA assessment $99M. On the 1700 block of Market St.

Property summary

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

BlockReport AI · cited public records

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Street view of 1701 Market St
From the street — imagery © Google
From above — imagery © Esri, Maxar

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$367,450/year

2026 taxable assessment $26,250,170 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $99,204,300; 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 881000979
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 $26,250,170 of $91,777,500 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$1,284,701/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 No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

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

Assessment and sale price disagree hard

Why it matters

Assessed at $99M, but it traded for $26,250,000 in 2023 — a 3.8× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

View supporting records →

Fetched L&I and zoning records

Every row successfully fetched for this report is counted below. Dataset availability and matching can differ from the City's interactive file; use the official link for current detail.

Open the City record ↗
Recorded owner
1701 Market LLC
Tax mailing address
414 S 16TH ST STE 100, PHILADELPHIA PA, 19146
L&I district
Building ID (BIN)
OPA account
881000979
Permits0Unavailable
Violation cases0Unavailable
Investigations0Unavailable
Building certifications0Unavailable
Business licenses0Unavailable
Appeals3Completed · Granted
PermitsPermit number, issued date, work and City status0

No permits matched this parcel in the fetched City dataset.

Violation cases0 individual violation records; resolved history remains visible0

No violation cases matched this parcel in the fetched City dataset.

InvestigationsEvery inspector visit, including CLOSED outcomes0

No investigations matched this parcel in the fetched City dataset.

Building certificationsInspection result and filed expiration date by L&I building ID0

No building certifications matched this parcel in the fetched City dataset.

Business licensesHistorical and active licenses are both retained0

No business licenses matched this parcel in the fetched City dataset.

AppealsApplication status and decision are separate City fields3
BBS Permit DenialAppeal FP-2024-000427

Jul 3, 2024 Completed Approved

FOR THE INSTALLATION OF NEW SPRINKLER HEADS THROUGHOUT FLOORS SIX THROUGHT EIGHTEEN IN ACCORDANCE WITH NFPA 13 AND THE MODIFICATION OF THE EXISTING STANDPIPES IN ACCORDANCE NFPA 14 WITH EXISTING 6" BACKFLOW PREVENTION DEVICE AND FIRE SERVIC

ZBA Appeal Against L&IAppeal HA-2025-002794

Oct 21, 2025 Closed Complete

Appeal Against L&I for the Issuance of ZP-2025-005142

ZBA Permit Denial - VarianceAppeal ZP-2025-005142

Jan 9, 2026 Completed Granted

PERMIT FOR THE ERECTION OF THREE (3) STATIC ILLUMINATED WALL SIGNS ABOVE THE SECOND FLOOR WINDOWSILL OF AN EXISTING ATTACHED STRUCTURE. SIGNS ACCESSORY TO MULTI-FAMILY HOUSEHOLD LIVING (299 UNITS) AS PREVIOUSLY APPROVED.SIZE/LOCATION AS SHO

City of Philadelphia OPA, L&I and Zoning Board records, shown as filed. A CLOSED investigation is an outcome label, not a missing visit; an appeal's application status and decision may differ.

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 6 permit events since 2023 · 2 zoning/board appeals since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

Apartment buildingBuilding report

This is a apartments, 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.

What it is
Apartments
Off Bld W/Com Gar Masonry
Owner
1701 Market Llc
OPA tax treatment
Assessed $92M
Taxable assessment on the roll
$ / sq ft
$214
above the $151 median for 3,983 apartments parcels citywide
Corridor
Market West
city commercial corridor
Licensed units
299
active rental license
Assessed value
$91,777,500
2026 OPA · 2027: $99,204,300
Interior area
464,562 sqft
Lot size
46,624 sqft
Stories
18
Built
1956
Zoning
CMX5

Who's behind it

1701 Market LLC · corporate / LLC owner

• Tax bills mail to 414 S 16th St Ste 100, Philadelphia PA, 19146
• Holds an active rental license for this address

Where the record looks off

Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.

Assessment and sale price disagree hard

Assessed at $99M, but it traded for $26,250,000 in 2023 — a 3.8× gap. Could be a non-market deed the record doesn't label, or an assessment that hasn't caught up.

Block context

1701 Market St sits on the 1700 block of Market St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1701s Market St  ·  1701a Market St

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 9:58 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)