6 months on rocket

262 S 16th St Unit 2, Philadelphia, PA, 19102

$1,450,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,700 SqFt
$853/SqFt
Condo
Schools Nearby

Location

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262 S 16th St Unit 2, Philadelphia$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Fee, Off Street, Parking Lot
Year BuiltNew Const., 2022
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2292534
StatusActive
(ACTIVE)

About 262 S 16th St Unit 2

Welcome to TwoSixTwo, Rittenhouse Square's nicest boutique condo building, located centrally at 16th and Spruce Streets in Center City. Unit 2 at TwoSixTwo is a stunning 3 bedroom, 2.5 bathroom residence spanning three floors of the building and includes multiple levels of private outdoor space. While TwoSixTwo's beautifully designed brick facade aligns perfectly with the cornice edges of the historic buildings that fill the block, the interior is bright and modern, lending a beautiful mix between classic and new. Unit 2 is the definition of privacy, offering city living paired with tranquility. As you enter your front door, you are met with a gorgeous chef's kitchen, equipped with Viking appliances, rich quartz waterfall countertops, tons of custom cabinetry, and Hubberton Forge pendants. Off the open kitchen and living room, you enter your large patio, where you can be free to read a book on your private patio or host your friends for a stylish dinner party. The lower level has two secondary bedrooms, a large, stunning bathroom, ample storage space, and another outdoor patio off of both bedrooms, perfect to hang a TV and watch your favorite movie under the heat lamps as the weather gets crisp. Both exteriors are equipped with outdoor lighting. The primary bedroom, bathroom, and master closet can be found on the top floor, overlooking the open living room. The large Owner's suite is perfectly set up with an incredible bathroom, outfitted with Porcelanosa tile throughout, a free-standing soaking tub, rainfall shower head, double vanity, and heated floors. This home also offers direct access to the building's common roof deck, offering breathtaking panoramic views of the city. The long list of building amenities includes package concierge, cold storage, large temperature-controlled on-site storage, and smart home technology. Most importantly, this home has a 10-year tax abatement! This location can't be beaten, with tons of restaurants, shopping, and Rittenhouse Square Park just steps away. Famous nearby landmarks and eateries include the Kimmel Center, Pennsylvania Academy of the Fine Arts, Lacroix Restaurant at The Rittenhouse, Parc, Rouge, and Via Locusta. There's easy access to surrounding neighborhoods and major roadways via Broad Street, Market Street, and public transportation. Opportunities to own a luxury, new-construction home, in a boutique condo building located in Rittenhouse Square don't come often! Taxes and square footage are the responsibility of the buyer to have verified.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 2022
  • Stories: 3
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Parking Fee, Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • Albert M. Greenfield School, Public District Grades KG-8

Other

Directions Information:

  • Directions: 16th & Spruce St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $853/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

262 S 16th St Unit 2 vs Philadelphia

184 DAYS ON ROCKET

+134 Days

$1,450,000

+$1.1M More

$853/SqFt

+$657 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $657/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2292534

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4387258
7
/10
  • Albert M. Greenfield School

  • 2200 Chestnut St

  • 0.57 miles

  • Public District Grades KG-8

High School

school-card-donut-4387259
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,709. The most common annual income of people living in Philadelphia, PA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 262 S 16th St Unit 2

What is the listing price of this property?

The listing price of 262 S 16th St Unit 2 property is $1,450,000.

What type of property is this?

The property 262 S 16th St Unit 2 is a condo located in Philadelphia, Pennsylvania, 19102.

Is this property for sale now?

Active Listing: 262 S 16th St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 262 S 16th St Unit 2 are:
Albert M. Greenfield School: GreatSchools Rating 7/10
Benjamin Franklin High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 262 S 16th St Unit 2 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 262 S 16th St Unit 2 is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 262 S 16th St Unit 2 is 2022.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19102›262 S 16th St Unit 2

This home is located at 262 S 16th St Unit 2 in Philadelphia, PA and zip code 19102 in the Center City neighborhood. This 1,700 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $1,450,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 2024. While the average time on the market in April 2024 was 50 days, the median list price was $258,806.

From Rocket Homes Real Estate and based on county public records data.

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