Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2020
Sq.Footage
2,000
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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
2000.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Garage, Other, Covered, Community Structure
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Unit/Flat
Price
-
Sales Price
$1,495,000
-
Tax Amount
$2,932
-
Sq. Footage
2, 000
-
Price/SqFt
$747
HOA
-
Association
Yes
-
Association Fee 2
$793
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
95
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Arvind Balaji , KW Empower
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