262 S 16TH ST #4, Philadelphia, PA 19102
262 S 16TH ST #4, Philadelphia, PA 19102
262 S 16TH ST #4, Philadelphia, PA 19102
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Listed by Arvind Balaji • KW Empower
$1,495,000
Est. payment /mo
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3 Beds
2 Baths
2,000 SqFt
Price Dropped by $55K

262 S 16TH ST #4 Philadelphia, PA 19102

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Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $747

Subdivision Rittenhouse Square

MLS Listing ID PAPH2582582

Style Unit/Flat

Bedrooms 3

Full Baths 2

Condo Fees $793/mo

HOA Y/N N

Abv Grd Liv Area 2,000

Year Built 2020

Annual Tax Amount $2,932

Tax Year 2025

Lot Size 1 Sqft

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Rarely does an opportunity like this present itself in the heart of Rittenhouse Square. Residence Four at 262 S 16th Street is the largest floor plan in this boutique seven-residence building and the highest available floor, offering an exceptional combination of scale, privacy, and long-term value just steps from one of Philadelphia's most coveted neighborhoods.

The financial upside here is just as compelling as the home itself. A remainder of the FULL TAX ABATEMENT transfers to the new owner with more than five years remaining, which means the new owner will have substantial savings. Pair that with very low condo fees and a seller-paid parking space for the first year, and the monthly carrying costs are remarkably attractive for a residence of this size and quality in Rittenhouse.

Accessed by private elevator, this full-floor home offers more than 2,000 square feet of thoughtfully designed living space. The main living and dining area is filled with natural morning light through oversized East-facing windows, while the kitchen is both beautiful and functional with custom white cabinetry, warm custom quartzite countertops, a full Viking appliance package including a professional French door oven and wine center, external venting, and a generous pantry already plumbed for a future half bath.

The bedroom wing is set apart for privacy and includes three well-proportioned bedrooms, flexible space for guests or a home office, built-out closets, and a full laundry room. The primary suite feels tucked away and serene, complete with ample closet space, a Juliet balcony overlooking greenery, and a spacious bath with a double vanity, large walk-in shower, and separate water closet. Efficiency is key in this property. The home features two separate Heating and Cooling units, gas appliances and a kitchen vent hood with EXTERNAL venting.

The building itself is equally impressive, with climate-controlled storage, a cold storage room, and a truly standout rooftop terrace with sweeping skyline views, premium outdoor furniture, built-in grill, and speakers. It is a rare amenity and one that genuinely sets this property apart.

Residence Four offers the kind of value, finish level, and location that is increasingly hard to find in Rittenhouse Square.

Location

State PA

County Philadelphia

Area 19102 (19102)

Zoning CMX3

Rooms

Main Level Bedrooms 3

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions Blinds, lighting, hallway bureau

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Covered Parking

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Story 1

Unit Features Mid-Rise 5 - 8 Floors

Above Ground Finished SqFt 2000

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Pets Allowed Y

Senior Community No

Tax ID 888800588

Ownership Fee Simple

SqFt Source 2000

Special Listing Condition Standard

Pets Allowed Case by Case Basis


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Bryan Capone

Bryan Capone

Broker Associate | ABAB068078

+1(215) 962-7541

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262 S 16TH ST #4