High-Rise Cooperative
For Sale
$200,000
1901 JOHN F KENNEDY BOULEVARD Unit 1602, Philadelphia, PA 19103
Residents have access to a rooftop pool and deck, fitness center, library, and concierge service.
Property Size678 SF
Days on Market10
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 1602
General Information
Standard status
Active
Size
678 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
24-hr security
concierge service
library
fitness center
additional storage
rooftop deck
pool
in-unit laundry
Building Details
Building Size
678 SF
Year Built
1968
Listing Agency:
KW Empower
Listed By:
Kevin R Toll · License #RS306972
(610) 609-1096
Source:
Patmckennarealtors
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 4 at 10:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Kennedy House, this high-rise cooperative apartment includes one bedroom, one bathroom, an open living and dining area, and a galley kitchen with in-unit laundry. The building was completed in 1968 and offers 24-hour security, concierge service, a fitness center, library, additional storage, and a rooftop deck and pool.
The residence is in Philadelphia’s Logan Square neighborhood, with public transportation options nearby. The monthly fee covers building amenities, utilities, basic cable, and the owner’s share of real estate taxes.
The residence is in Philadelphia’s Logan Square neighborhood, with public transportation options nearby. The monthly fee covers building amenities, utilities, basic cable, and the owner’s share of real estate taxes.
Key Highlights
- One‑bedroom, one‑bathroom cooperative apartment
- Open living area with space for dining
- Galley kitchen includes in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,665
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,300
$213.3K
Cap Rate 7%
$152,357
$152.4K
Cap Rate 9%
$118,500
$118.5K
Market Conditions
NOI Build-Up for 678 SF
Gross rent
$20.6K $30.36/SF
− Vacancy
−$1.2K −$1.76/SF
EGI
$19.4K $28.60/SF
− OpEx
−$8.7K −$12.87/SF
NOI
$10.7K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,300
Cap Rate 7%
$152,357
Cap Rate 9%
$118,500
Alternative Uses
Best Use
Apartment 5plus
$152.4K
$133.3K – $177.8K
NOI $10,665 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$165.3K
$144.6K – $192.8K
NOI $11,570 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
18,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a rooftop pool and deck, fitness center, library, and concierge service.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 1602 Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom cooperative apartment; Open living area with space for dining; Galley kitchen includes in‑unit laundry
