Life is easy in the Breezy!
Point Breeze is a multicultural neighborhood in South Philadelphia that has seen rapid development over the past decade.
It is bounded by 25th Street to the west, Washington Avenue to the north, Broad Street to the east, and Mifflin Street to the south. Southwest Center City (Graduate Hospital) lies to its north, and Passyunk Square lies to its east. Point Breeze is separated from Grays Ferry to the west by a CSX railway viaduct over 25th Street.
Why We Like It:
Lots of opportunity for first time buyers and investors! The neighborhoods location is key to it's popularity. Just outside of the reach of Center City the neighborhood definitely feels more like a quiet residential area and less cosmopolitan, but it is still a less than 30 minute walk to Rittenhouse Square from most locations in the area. Parking is easier here (for now) than other more developed parts of South Philadelphia and anyone can hop on the broad street lien subway or one of several efficient bus lines that cross the neighborhood.
Why We Don't Like It:
Dense, dirty in places, limited green space, saftey can be a concern for some buyers on certain blocks. Point Breeze Avenue has lots of potential but most of the shops are still vacant and boarded up.
Mostly 2 and 3-story single-family homes. The occasional condo and a large number of 3-story multi-family apartments. Homes have varying degrees of original detail as many have been gutted over the years. There are also lots of new construction homes in the area, these are typically built to the limit zoning will allow. Thats three stories typically with a roof deck and finished basement.
Not much below $150K or above $350K for a somewhat renovated home. Most homes selling in the $200K spectrum. Lower end will get you 700-1,000SF on a smaller block with 2-3 bedrooms. Higher end will get you 1,200-1,800SF with 3+ bedrooms on a main block. New construction is typically aroud 2,000-2,500 sqft and runs $350K-480K.
Places of Interest:
Point Breeze Avenue Shops & Restaurants, Wharton Square Park, Chew Park & Playground, Queen Memorial Library
American Sardine Bar, Burg's Holiday Lounge, Madira Bar & Grill, Rosario's Mexican Pizzeria, El Sabor Poblano, South Philadelphia Tap Room, Second District Brewing Company, The Tasty Toast, On Point Bistro, Benna's West, Mattei Family Pizza.
GW Childs Elementary, South Philadelphia High School, Preparatory Charter School
The Bottom Line:
Affordable starter homes in a very popular neighborhood. Tough to grow a family if you need space but you'll never go hungry here. Similar price points to Fishtown but easier access and greater connectivity to Center City.