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Real estate transactions 2007 on Main Street

The next transaction on the list is the sale of 4621-27 Frankford Avenue to NET on 6/14/2007 for $635,000. This transaction has been previously discussed.

On 10/11/2007 4640-42 Frankford Avenue was sold for $355,000. Picture to the left shows the building as it appears today. It is not much different than it was in 1954 when it was a Sun Ray drug store where I bought my first camera. See the BRT for the details here.

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Is another big rehab coming to Main Street Frankford?

I reported last week about how we are reviewing the real estate transactions on Frankford Avenue. One of the largest took place July 16 of 2007 with the purchase of 4243-47 Frankford Avenue for $510,000 by Berkley Property LLC.

The legal address for Berkley is 1010 Shepard Road in Blue Bell. This is the same address as the Wedge Med Corporation a major provider of substance abuse services. They are making significant improvements to the property.

We have no more accurate information at this point but we’ll continue to research the issue.