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Mt. Sinai Apartments
Summary
We acquired this unique historical gem that served as the nurses’ quarters for the Mt. Sinai Hospital in the early 1900s. Today, Mt. Sinai Apartments is one of the few LIHTC properties that is perfectly suited to welcome seniors who want live in the heart of South Philly and be able to walk to get their own groceries, go to the pharmacy or take a stroll in the park.
Specifications
Acquired in 2020
38 residential units
47,000 SF
LIHTC with a Senior Designation (62+)
Adaptive reuse (Nurses quarters of an old hospital converted into apartments)
Neighborhood: Pennsport
Location
430 Reed Street, Philadephia PA 19147