232 MARKET ST

232 MARKET ST is a 5-story building in Center City Philadelphia with 100% of its floor area within daylight reach of a facade. This screen estimates 39 homes and scores it 83 out of 100 for office-to-residential conversion suitability.

PA-2 & PA-3 · Screened 2026-09-15 · Strong candidate

232 MARKET ST 100% of each floor sits within daylight reach of a facade, with no dead core at all.

This building does not pencil at default assumptions, even with a modeled RESIDE Act grant.

This footprint has no windowless core at all: every point on the floor plate is within 35 ft of a facade, which is unusual and is the main reason it scores as well as it does.

Modeled conversion metrics for 232 MARKET ST, 2026-09-15.
Suitability scoreStrong candidate83 / 100
Storiesfrom 75 ft LiDAR height ÷ 12 ft floor-to-floor5
Floor plateper floor, from the city footprint9,291 sq ft
Daylight efficiencyshare within 35 ft of a facade100%
Deepest interior pointviability threshold is 80 ft34 ft
Windowless coreper floor — renovated but never rentable0 sq ft
Estimated homesat 750 sq ft average39
Conversion cost$360/sq ft all-in on 37,164 sq ft$13.4M
Gap before grantshortfall against completed value$5.7M
Modeled RESIDE grantbelow the statutory cap$2.3M
ZoningCenter City PhiladelphiaCMX3
Opportunity Zonenot in a 2018 designated tractNo

These figures are a screen, not a feasibility study, and they come from public footprint and height data rather than from plans. See how this was computed and what it cannot tell you, or open this building in the interactive survey to change the assumptions behind it.