Public Records
Edition
Philadelphia400 block of N Broad StJuly 9, 2026

House report

435 N Broad St

18 stories · 224,000 sqft · CMX4 · built 2021

Investor / LLC · assessed $100M. On the 400 block of N Broad St.

Street view of 435 N Broad St
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 $140,603/yr reflects a 10-year abatement. It steps up every year and reaches about $1,406,029/yr in 2033 — $1,265,426/yr more. Price the full bill, not the current one.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you own it

5 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

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

435 N Broad Associates LLC · corporate / LLC owner

• 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
$100M
built 2021
Price / sq ft
$448
block $250 · above block
Appreciation
+546%
+36%/yr, city 6.5%
In 5 years (~2031)
~$102M
+36%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$141K
0.14% effective, abated
Gross yield
Times sold
0
licensed rental

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

$0$100M$200M2022: New Construction or Additions 2022: New Construction 2022: New Construction 2022: Rough-In 2022: Addition and/or Alterations2023: Addition and/or Alteration2025: Signs (Accessory / Non-Accessory) 2025: 4 L&I violations 2025: Sign2026: 5 L&I violations$100M201620222027
This houseBlock median & rangeL&I violationPermit
The paper trail

built new under a 2022 permit (tax-abated).

  1. 2022 New Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitRough-InPermitAddition and/or AlterationsPermit
  2. 2023 Addition and/or AlterationPermit
  3. 2025 Signs (Accessory / Non-Accessory)Permit4 L&I violationsL&ISignPermit
  4. 2026 5 L&I violationsL&I

Flags: tax-abated — the bill lags real value · active rental license · 5 open L&I violations. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $140,603/yr under a 10-year tax abatement that steps down every year. In 2033 the bill reaches its full ~$1,406,029/yr — a step up of $1,265,426/yr, 6 assessment years out. Drag the slider.

2021: ~$217,668/yr2022: ~$217,668/yr2023: ~$460,195/yr2024: ~$1,367,971/yr2025: ~$150,145/yr2026: ~$150,145/yr2027: ~$140,603/yr2028: ~$351,507/yr (projected)2029: ~$562,412/yr (projected)2030: ~$773,316/yr (projected)2031: ~$984,220/yr (projected)2032: ~$1,195,125/yr (projected)2033: ~$1,406,029/yr (projected)2034: ~$1,406,029/yr (projected)202120332034
2027~$140,603/yrfrom the record

now: ($100,445,000 assessed − $90,400,494 abated) × 1.3998% ≈ $140,603/yr 2033: $100,445,000 assessed × 1.3998% ≈ $1,406,029/yr The abated slice shrinks ~10% a year (post-2022 program, started 2023) — 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
18
Interior
224,000 sqft
livable area
Lot
39,061 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A+
assessor's grade
Zoning
CMX4
city zoning code

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

Run the numbers

What owning 435 N Broad St 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.

$100M
20%
6.875%
$723K/mo
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: 425 N Broad St  ·  423 N Broad St

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)