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High-Rise Residential Income Property
For Sale
$330,000

1901 JOHN F KENNEDY BOULEVARD #2801, Philadelphia, PA 19103

One-bedroom co-op residence with expansive views, extensive storage, and full-service building amenities.

Property Size897 SF
Price / SF$367.89
Days on Market216

Property Features for 1901 JOHN F KENNEDY BOULEVARD #2801

General Information

Standard status Active
Size 897 SF
Property subtype Apartment

Site & Location

Neighborhood Center City
Public Transit Yes

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Amenities

concierge service
round-the-clock security
rooftop pool
community room
bike room
laundry facilities
library
fitness center
onsite garage parking
dedicated onsite management
free storage bin
hospitality suites
in-unit washer/dryer
Wall Unit

Building Details

Year Built 1968
Listing Agency: KW Empower
Listed By: Barbara Sontag-Feldman · License #RSR002442
Source: Kw
Added: Mar 30 Changed: Oct 31 Last Checked: Oct 30 at 7:49PM

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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Investment Insights

Based on property information with market context.

This 28th-floor co-op residence at 1901 John F Kennedy Boulevard offers 897 square feet with one bedroom and one bath. The north-facing layout includes an open living and dining area, wall unit, in-unit washer and dryer, six closets, and a walk-in closet. Built in 1968, the home is offered as-is and overlooks Logan Square.

The Kennedy House provides concierge service, 24-hour security, a rooftop pool, fitness center, library, community room, bike room, onsite management, garage parking, and a storage bin on the 30th floor. Dining options are located within the building, including Kennedy Food Garden and na Brasa Brazilian Steak House. Suburban and Amtrak 30th Street Stations are nearby, while bus routes 17, 33, and 32 stop at 19th and JFK Boulevard.

Co-op Board approval is required, with stated minimum financial qualifications including a credit score of 700. Subletting is not permitted, and the building allows up to 2 cats and/or birds per residence.

Key Highlights

  • 897 square feet on the 28th floor with north‑facing views of Logan Square
  • One‑bedroom, one‑bath co‑op residence with six closets and a walk‑in closet
  • In‑unit washer and dryer plus open living and dining layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,109
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,180 $282.2K
Cap Rate 7%
$201,557 $201.6K
Cap Rate 9%
$156,767 $156.8K
Market Conditions
NOI Build-Up for 897 SF
Gross rent
$27.2K $30.36/SF
− Vacancy
−$1.6K −$1.76/SF
EGI
$25.7K $28.60/SF
− OpEx
−$11.5K −$12.87/SF
NOI
$14.1K $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%
$282,180
Cap Rate 7%
$201,557
Cap Rate 9%
$156,767

Alternative Uses

Best Use
Apartment 5plus
$201.6K
$176.4K – $235.2K (±1% cap)
NOI $14,109 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$218.7K
$191.3K – $255.1K (±1% cap)
NOI $15,307 @ 7.0% cap · market cap 4.64%
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

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 - One-bedroom co-op residence with expansive views, extensive storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD #2801 Philadelphia, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 897 square feet on the 28th floor with north‑facing views of Logan Square; One‑bedroom, one‑bath co‑op residence with six closets and a walk‑in closet; In‑unit washer and dryer plus open living and dining layout
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