1600-22 Market St, Philadelphia, PA 19103-4201
$158,887,800 · Arep 1600 Market Street L

Address: 1600-22 Market St, Philadelphia, PA 19103-4201
Owner: Arep 1600 Market Street L

1600-22 Market St, Philadelphia, PA 19103-4201 (Parcel# 883031500) is a property assessed by City of Philadelphia, Office of Property Assessment (OPA). The owner is Arep 1600 Market Street L. The assessed value is $158,887,800.

Property Overview

Parcel Number 883031500 (OPA Account Number)
Street Address 1600-22 Market St
Philadelphia, PA 19103-4201
Owner AREP 1600 MARKET STREET L
Mailing Address 2350 CORPORATE PARK DR ST
HERNDON VA 20171
Building Category 4 - Commercial
Building Description DB0 - OFF BLD COM NO GAR MASON
Beginning Point SWC 16TH ST
Zoning CMX5
Market Value $158,887,800
Taxable Land Value $31,992,760
Taxable Building Value $126,895,040
Exempt Land Value $0
Exempt Building Value $0
Total Land Area 35,096 SQFT
Livable / Improvement Area 859,989 SQFT
Census Tract 411
Geographic Ward 08
Recording Date 2018-02-21
Sale Date 2018-02-07
Sale Price $160,000,000
State Code 4304
Site Type A
Frontage 177.25
Depth 198
Land Shape E - Rectangular, including square
Land Topography A - Above Street Level: two flights of steps from the front and rear, or hilly or slopes upward sharply. This could pose a problem for development.
View I - Typical / Other
Number Stories 39
General Construction A
Exterior Condition 4 - Average: This is the typical and most common physical condition observed at the exterior of most properties on the subject block. No significant concrete work, pointing, painting, carpentry or work to trim exterior walls, doors, windows or bay is required. No obvious defects. Majority of properties in the block or Geographical Market Area (GMA) are in this condition.
Date: 2007-04-03
Interior Condition 4 - Average: be typical
Year Built 1982
Documents Received Book & Page 3330517
Plot Map Registry ID Number 001S100243
Last OPA Account Number Before Transfer 082001205

Property Assessment History

Year Market Value Increase % Taxable Land Taxable Improvement Exempt Land Exempt Improvement
2012 $76,000,000 0.00% $5,000,000 $19,320,000 $0 $0
2013 $76,000,000 0.00% $5,000,000 $19,320,000 $0 $0
2014 $112,788,900 48.41% $10,529,100 $102,259,800 $0 $0
2015 $112,788,900 0.00% $10,529,100 $102,259,800 $0 $0
2016 $112,788,900 0.00% $10,529,100 $102,259,800 $0 $0
2017 $112,788,900 0.00% $10,529,100 $102,259,800 $0 $0
2018 $148,070,000 31.28% $29,829,200 $118,240,800 $0 $0
2019 $158,887,800 7.31% $31,992,760 $126,895,040 $0 $0

Businesses at this property

License Number Legal Name License Type Issue Date Inactive Date
783203 EQC OPERATING TRUST High Rise 2018-07-17
520263 ARAMARK CORPORATION · C/O CAROLYN E COLTON Food Preparing and Serving (30+ SEATS) 2017-04-20 2018-06-29
477747 HEATHLAND HOSPITALITY GROUP Food Preparing and Serving (30+ SEATS) 2019-04-11
477622 REIT MANAGEMENT & RESEARCH LLC Hazardous Materials 2009-06-24
469423 LEE JEONG AE · JEONG AE LEE Food Establishment, Retail Permanent Location 2019-04-26
387460 NEWPORT FOOD SERVICE · EUREST DINING SERVICES Food Preparing and Serving (30+ SEATS) 2008-04-30 2009-04-30
347026 ARAMARK SERVICES INC · C/O GLAXO SMITH KLINE Food Preparing and Serving (30+ SEATS) 2010-05-14 2012-12-22
320959 REIT MANAGEMENT & RESEARCH LLC Hazardous Materials 2005-06-03 2009-06-24
320293 BARTON TRACEY · TRACEY BARTON · TRACEYS PLACE Food Preparing and Serving 2014-05-10 2015-06-29
209420 NEWPORT FOOD SERVICE INC Food Preparing and Serving (30+ SEATS) 2005-01-28 2012-08-31

Owner Overview

Owner AREP 1600 MARKET STREET L
Mailing Address 2350 CORPORATE PARK DR ST
HERNDON VA 20171

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Zip Code 19103

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Dataset Information

Data Provider City of Philadelphia, Office of Property Assessment (OPA)
Jurisdiction Philadelphia

This dataset includes 580 thousand properties assessed by City of Philadelphia, Office of Property Assessment (OPA). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of Philadelphia taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.