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262 S 16TH Street 7Philadelphia, PA 19102

For Sale

$1,500,000

Smart Buyer Rebate $15,000

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.

Listed by Ben Hooson-Jones

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License #RS341171

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KW Empower

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6103689041

Last updated November 13, 2025

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Source: BrightMLS #PAPH2492060

Listing Facts

  • TypeCondo
  • NeighborhoodRittenhouse
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu181
  • HOA/Maint. Fees$715/month
  • Taxes$3,234.94/year
  • Size1,407 sqft
  • Price per sqft$1,066

Amenities

  • Elevator

Location

Mortgage Calculator

Listing History

11/13/2025
Price Decreased
$1,500,000
09/08/2025
Price Decreased
$1,595,000
07/29/2025
Price Decreased
$1,600,000
07/07/2025
Price Decreased
$1,650,000
06/14/2025
Listed by KW Empower
$1,750,000

Property Details for 262 S 16TH Street 7

Association

Amenities

  • Association Amenities: Elevator
  • Pets Allowed: No Pet Restrictions

Fees

  • Association Fee 2: $715.00 Monthly
  • Association Fee Includes: Ext Bldg Maint, Reserve Funds, Snow Removal

Exterior

Construction

  • New Construction: No
  • Year Built: 2020
  • Architectural Style: Unit/Flat
  • Construction Materials: Mixed
  • Entry Level: 5

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 0

Financial

Taxes

  • Tax Annual Amount: $3,234.94
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 1,407
  • Living Area Source: Assessor

Rooms

  • Has Basement: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Features

  • Accessibility Features: Elevator

General

  • Senior Community: No

Location

  • Subdivision Name: RITTENHOUSE SQUARE
  • Tax Lot: 95

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Prepaid

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 262 S 16TH Street 7.

Does this condo have parking?

Yes, there is 1 parking space available for 262 S 16TH Street 7.

What are the annual taxes for 262 S 16TH Street 7?

Annual taxes for this condo are estimated at $3,234.

How does 262 S 16TH Street 7 compare to other condos in Rittenhouse?

This condo is listed 3% below the average price for condos in Rittenhouse and has been on the market for 23 more days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,407 sqft.

262 S 16TH Street 7 is a 2-bedroom, 2-bath condo for sale in PHILADELPHIA PA 19102. Listed on Prevu for 181 days at $1,500,000. This includes a recent price decrease of $95,000. This home features 1,407 square feet of living space, located in Rittenhouse. The median listing price for condos in this area is $730,000. The home offers elevator. Explore more condo listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.