Open House 4/18 11am - 12:30pm
262 S 16Th Street # 4
Philadelphia, PA, 19102 $ 1,495,000
Bedrooms3 Baths2.0 Sq 2,000 Monthly Estimate*
$ 9,205
for $1,495,000 with 3 bedrooms and 2 full baths. This 2,000 square foot condo was built in 2020.
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 Philadelphias 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.
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Open House
4/18/2026 11:00 AM - 12:30 PM
262 S 16Th Street # 4 Philadelphia, PA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 2000
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning CMX3
Garage Spaces 1.00
Architectural Style Unit/Flat
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 2020
Levels 1
Unit Number 4
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
HOA Fee 2 793.00
County PHILADELPHIA
New Construction N
Property Type Residential
HOA N
Subdivision Name RITTENHOUSE SQUARE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions North on Broad St left on Spruce St right on 16th St
City PHILADELPHIA
Senior Community Y/N N
MLS Area 19102 (19102)
Lot Size Units Square Feet
Lot Size Square Feet 1.00
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2932.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 747.5
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 95
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InteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2000
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorPool No Pool
Parking Features Prepaid
Water Source Public
Inclusions Blinds lighting hallway bureau
Garage Features Covered Parking
Type of Parking Other Parking Garage
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 209500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byarvind@mccannteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,205
- Monthly Property Taxes
- $244
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Philadelphia, PA
Average List Price $702,615
Percent of Sale Price 53%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/26/2026 | $1,495,000 | -3.55% | Price Down |
| 2/10/2026 | $1,550,000 | | Listed Price |