Commercial property report

4068 Lancaster Ave

2,968 sqft · CMX2 · built 1915

Store · Kim Hyang Keun & Kim Yong Sik · assessed $125K. On the 4000 block of Lancaster Ave.

Property summary

Assessment$125KCity assessed value Last sale$80KRecorded 2010 Est. annual tax$2K/yearAssessment × 1.3998% Tax delinquency—Snapshot unavailable Permits3Dated events in report ViolationsNone openNone open when assembled

Report assembled Jul 9, 2026 “Open” reflects records available then historical records keep their source dates estimates are labeled

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Street view of 4068 Lancaster Ave — From the street — imagery © Google

From above — imagery © Esri, Maxar

What stands out

From the public record

Finding

Improved

Why it matters

Bought for $80K in 2010. Owner pulled a certificate of occupancy (co) (may inclu… permit in 2025.

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Commercial propertyProperty report

This is a store, recorded under the city's commercial 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

Store

Store 3 Sty Masonry

Owner

Kim Hyang Keun

Tax standing

Assessed $125K

On the tax roll

$ / sq ft

$42

below the $130 median for 12,035 commercial parcels citywide

Corridor

40th and Lancaster

city commercial corridor

Assessed value

$125K

City market value

Interior area

2,968 sqft

Lot size

1,600 sqft

Built

1915

Zoning

CMX2

Block context

4068 Lancaster Ave sits on the 4000 block of Lancaster Ave. Open the block report to compare its parcels, ownership and public-record history.

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Next door: 4066 Lancaster Ave · 4070 Lancaster Ave

Where this comes from

Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
Permits, violations & inspections — L&I Property History · Atlas
Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
Current property-tax balance — Verify with Philadelphia Revenue
Zoning appeals — L&I & Zoning Board appeals
Neighborhood income & rents — US Census ACS 5-year estimates
Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

BlockReport AICited sources

Ask about this commercial property across deeds, permits, violations, dated taxes, ownership, and comparable context. Curated questions are free; ask 3 custom questions per browser. Analyst includes up to 150 custom questions per day.

About this data & fine print

Answers are generated by an AI agent querying available City of Philadelphia open data at the moment you ask: OPA property assessments, Recorder of Deeds transfer records, L&I permits, violations & licenses, dated Dept. of Revenue tax records, Zoning Board appeals, Police incident reports, Philly311 requests, and School District of Philadelphia catchment and school data.

For an explicit web search or a current listing/news question, the agent may also search the public web through OpenRouter and must link every web-derived claim. Public listing pages can be stale and are not direct or comprehensive MLS access.

Property-level tax data is historical: the delinquency snapshot is dated June 2022 and the separate detailed ledger ends in 2016. Neither shows what is owed today; verify a current balance with Philadelphia Revenue.

City data is published as-is and can lag, contain errors, or be corrected later; school performance datasets run years behind and are labeled with their school year. AI answers can contain mistakes — verify anything that matters against the official record (property.phila.gov, atlas.phila.gov) before acting on it.

Informational only. Not legal, financial, or investment advice. Not a consumer report under the FCRA — it may not be used to decide anyone's eligibility for housing, tenancy, employment, credit, or insurance.

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