262 S 16TH STREET 4

PHILADELPHIA, PA 19102

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.

Listing courtesy of KW Empower



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.