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Housing · Completed

Old First House

322-40 RACE ST

New Construction

Council district
District 1
Developer / applicant
Community Ventures
Funding source
City of Philadelphia
Total units
34
Affordable units
34
Completion
Jan 1, 1970
First seen in feed
5/16/2026
Your council representative
Mark Squilla
District 1 · D
215-686-3458
City Hall Room 332
785 projects in this district
2336 housing units approved
Registered Community Organization
Old City District
The RCO that gets formal notice of zoning changes here. Going to them first is how most organizing on a project starts.
Contact: Job Itzkowitz
2155927929
Meets: 231 Market St. Philadelphia, PA 19106
Neighborhood context (census tract 000102)
Median income
$94,974
Renter occupied
63.88%
Rent burdened
24.28%
(of renters, 30%+ of income)
Population
2,897
ACS 5-year 2022

Nearby projects

within 400m walk

Displacement signal

L&I demolition permits, last 3 yrs, within 400m

Philly doesn't publish eviction filings, so this uses demolition permits as the closest proxy for housing stock loss in the immediate area. 4 permits found.

130 N 3RD STMar 16, 2026
230-36 VINE STNov 13, 2025
208-12 VINE STJul 15, 2024
322-40 RACE STOct 4, 2023

Recent transfers within 200m

Block-level acquisition pattern. 12 transactions in the immediate area.

315 NEW ST UNIT 120
HOLLISTER RICHARD ARYAN ROBERT
Mar 6, 2026
$208,000
301 RACE ST UNIT 308
PETRALIA JOHN W;PETRALIA NANCY R TR;JOHN W PETRALIA AND NANCY R PETRALIA JOINT REVOCABLE TRUSTNELSON JASMINE
Jan 30, 2026
$265,000
225 RACE ST UNIT 400
STANTON DONALD JRCAVALLARO PETRA K
Jan 14, 2026
$770,000
315 ARCH ST UNIT 406
ZEIBEQ JOHNGEIST MATTHEW
Jan 10, 2026
$251,000
141-43 N 4TH ST
141 NORTH 4TH STREET PROPERTY LLCONYX 141 LLC
Dec 22, 2025
$6,745,527
301 RACE ST UNIT 501
US BANK NA TR;JP MORGAN CHASE TRUST 2006-A2SCOTT CAROL P;SCOTT LUKE T
Nov 3, 2025
$201,500
315 NEW ST UNIT 321
BOZZI NICHOLAS A TR;BOZZI MARIA TR;NICHOLAS AND MARIA BOZZI REVOCABLE TRUSTFRANK ANDREA
Oct 16, 2025
$415,000
144-46 N 3RD ST UNIT C
SAUVAGNAT DAVIDMAKANI THERESA;MAKANI MILAN
Oct 9, 2025
$575,000
315 NEW ST UNIT 417
EPR PROPERTIES LLCMCCARTHY KEVIN
Sep 24, 2025
$371,500
301 RACE ST UNIT 112
HILBERT MATTHEW R;PHELPS FRANCIS PTUCKER MARY
Sep 15, 2025
$207,000
301 RACE ST UNIT 501
ARANGO LUIS F;KOSICH MICHELLEU S BANK NATIONAL ASSOCIATION TR
Sep 9, 2025
$175,000
301 RACE ST UNIT 202
MOENCH DONNASHEEHAN SAMANTHA LYN
Aug 29, 2025
$300,000
Data source · last refreshed 5/16/2026, 5:15:41 PM
Affordable Housing Production
City of Philadelphia / DHCD

Updated quarterly. fiscal_year_complete is sometimes just a year (2018) which we fold to Jan 1. No AMI breakdown. No council district on the source record (we backfill via spatial join). Older projects may be missing addresses.