Public Records
Edition
Philadelphia2000 block of E Lehigh AveJuly 9, 2026

House report

2035 E Lehigh Ave

5 stories · 85,080 sqft · ICMX · built 2021

Investor / LLC · assessed $16M. On the 2000 block of E Lehigh Ave.

Street view of 2035 E Lehigh Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The tax bill is temporary

Today's $22,745/yr reflects a 10-year abatement. It steps up every year and reaches about $227,461/yr in 2036 — $204,716/yr more. Price the full bill, not the current one.

If you own it

Construction next door (2032 E Lehigh Ave, 2025)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Kc Philly LLC · corporate / LLC owner

• Tax bills mail to 550 Grand Street, Ground Floor, Brooklyn NY, 11211 — outside Philadelphia
• Holds an active rental license for this address

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$16M
built 2021
Price / sq ft
$191
block $205 · below block
Appreciation
+17%
+17%/yr, city 6.5%
In 5 years (~2031)
~$16M
+17%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$23K
0.14% effective, abated
Gross yield
-49232.3%
≈$-667M/mo rent
Times sold
0
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$10M$20M2020: New Construction or Additions 2020: New Construction2021: L&I violation 2021: Change of Use 2021: L&I: 1 failed, 1 passed2023: 3 L&I violations 2023: L&I: 4 failed, 2 passed2024: Certificate of Occupancy (CO) (may inclu…2025: 2 L&I violations 2025: L&I: 1 failed, 1 passed 2025: Signs (Accessory / Non-Accessory) 2025: Sign$16M201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new under a 2020 permit (tax-abated).

  1. 2020 New Construction or AdditionsPermitNew ConstructionPermit
  2. 2021 L&I violationL&IChange of UsePermitL&I: 1 failed, 1 passedL&I visit
  3. 2023 3 L&I violationsL&IL&I: 4 failed, 2 passedL&I visit
  4. 2024 Certificate of Occupancy (CO) (may inclu…Permit
  5. 2025 2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visitSigns (Accessory / Non-Accessory)PermitSignPermit

Flags: tax-abated — the bill lags real value · active rental license. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $22,745/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$227,461/yr — a step up of $204,716/yr, 9 assessment years out. Drag the slider.

2026: ~$19,457/yr2027: ~$22,745/yr2028: ~$45,491/yr (projected)2029: ~$68,237/yr (projected)2030: ~$90,984/yr (projected)2031: ~$113,730/yr (projected)2032: ~$136,476/yr (projected)2033: ~$159,222/yr (projected)2034: ~$181,969/yr (projected)2035: ~$204,715/yr (projected)2036: ~$227,461/yr (projected)2037: ~$227,461/yr (projected)202620362037
2027~$22,745/yrfrom the record

now: ($16,249,500 assessed − $14,624,625 abated) × 1.3998% ≈ $22,745/yr 2036: $16,249,500 assessed × 1.3998% ≈ $227,461/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
5
Interior
85,080 sqft
livable area
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
B
assessor's grade
Zoning
ICMX
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2035 E Lehigh Ave takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$16M
20%
6.875%
$700/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Next door: 2039 E Lehigh Ave  ·  2039 E Lehigh Ave

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)