- 2 beds
- 2 baths
- 1,407 sqft
- $1,243 per sqft
- 2020 build
Welcome to Unit 7 at 262 South 16th Street, a rare full-floor condominium offering over 1,400 square feet of refined living space in the heart of Rittenhouse Square. This two-bedroom, two-bath residence blends timeless elegance with modern comfort, featuring soaring 10.5-foot ceilings and expansive windows that bathe the home in natural light. Step off the private elevator directly into the home, where an open-concept layout invites effortless living and entertaining. The spacious living and dining area flows seamlessly onto a large private balcony, perfect for indoor-outdoor entertaining or enjoying a quiet city moment. At the heart of the home is a chef’s dream kitchen, showcasing custom cabinetry, designer appliances, and a grand center island with waterfall quartz countertops. A private roof deck crowns the home, offering panoramic city views—an exceptional space for dining al fresco, sunbathing, or evening relaxation. Finishing the home is the opulent primary suite comprised of a large bedroom with floor-to-ceiling windows, a walk-in closet, and an indulgent, spa-like en-suite adorned with a free-standing soaking tub, rainfall shower-heads, and a double vanity. The second bedroom is generously sized and served by a sleek full bathroom, offering flexibility for guests, work-from-home, or additional living space. Additional highlights include central air, hardwood floors throughout, in-unit laundry, and six years remaining on the tax abatement, ensuring long-term value. Seller is offering 1 year prepaid parking at 1500 Locust St Parking Garage (1 Block away) Perfectly positioned just steps from the lush greenery of Rittenhouse Square, this home is surrounded by acclaimed restaurants, boutique shops, and cultural landmarks—making it a rare offering for those seeking luxurious, low-maintenance living in one of Philadelphia’s most prestigious neighborhoods.
Last checked:
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Last updated Jun 14, 2025
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MLS# PAPH2492060 —
The Building
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Year Built:2020
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Mixed
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Structure Type:Interior Row/Townhouse
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Architectural Style:Unit/Flat
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Levels:1
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Accessibility Features:Elevator
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Foundation Details:Other
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Basement:No
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Unit Number:7
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1407
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1407
Interior
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1407
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Living Area SqFt:1,407 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:From Spruce St turn right onto 16th St
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Latitude:39.94778000
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Longitude:-75.16826000
The Property
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Property Type:Residential
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Inclusions:Outdoor Furniture
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Zoning:CMX3
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:SC
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 368-9041
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:888000326
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Tax Year:2024
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Tax Lot:95
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Tax Annual Amount:$3,234.94
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Tax Assessed Value:$224,445
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Year Assessed:2023
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School Tax:1723.0
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City/Town Tax:1417.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Laundry Type:Has Laundry
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Rittenhouse Square
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Elevator
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Condo/Coop Fee:$715
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Ext Bldg Maint, Reserve Funds, Snow Removal
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Covered Parking
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Garage Spaces:1.00
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Type of Parking:Parking Garage
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Parking Features:Prepaid
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Parking Garage - # of Spaces:1
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$1,750,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,370
|
Taxes | $269 |
Insurance | $481 |
HOA fees | $715 |
Utilities | $133 See report |
Total | $10,968/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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6/13/25
Jun 13, 2025
|
Listed / Active | BRIGHT | $1,750,000 |