Flexible-Layout Residential
New
For Sale
$795,000
1901 JOHN F KENNEDY BOULEVARD Unit 2217-18, Philadelphia, PA 19103
A private balcony, generous storage, and shared building amenities complement this Center City residence.
Property Size1,628 SF
Price / SF$488.26
Days on Market7
Property Features for 1901 JOHN F KENNEDY BOULEVARD Unit 2217-18
General Information
Standard status
Active
Size
1,628 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
fitness center
resident library
rooftop deck
outdoor heated swimming pool
grills
seating areas
staffed front desk
24/7 security
on-site maintenance
on-site garage parking
private balcony
washer and dryer
Building Details
Building Size
1,628 SF
Year Built
1968
Listing Agency:
KW Empower
Listed By:
Barbara Sontag-Feldman · License #RSR002442
(917) 562-4147
Source:
Patmckennarealtors
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 7 at 3:41PM
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
Investment Insights
Based on property information with market context.
This 1,628.22-square-foot cooperative residence is arranged as a two-bedroom, two-bath home, with a layout that can accommodate a third bedroom. The living and dining area opens to a private balcony, while a separate den sits near the kitchen. The primary bedroom has a walk-in closet and an additional closet; a washer, dryer, and second refrigerator are also included in the residence.
Building amenities include a fitness center, resident library, and rooftop deck with a heated outdoor pool, grills, and seating. Garage parking is available, and the building has a staffed front desk, round-the-clock security, and on-site maintenance. The residence is in Center City, with access to Suburban Station, 30th Street Station, Logan Circle, Rittenhouse Square, museums, dining, shopping, and public transportation. Purchasers require co-op board approval, and the building does not permit rentals.
Building amenities include a fitness center, resident library, and rooftop deck with a heated outdoor pool, grills, and seating. Garage parking is available, and the building has a staffed front desk, round-the-clock security, and on-site maintenance. The residence is in Center City, with access to Suburban Station, 30th Street Station, Logan Circle, Rittenhouse Square, museums, dining, shopping, and public transportation. Purchasers require co-op board approval, and the building does not permit rentals.
Key Highlights
- 1,628.22 square feet with a two‑bedroom, two‑bath layout and potential for a third bedroom
- Private balcony adjoining the living and dining area
- Rooftop deck includes a heated outdoor pool, grills, and seating areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,611
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,220
$512.2K
Cap Rate 7%
$365,871
$365.9K
Cap Rate 9%
$284,567
$284.6K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$49.4K $30.36/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$46.6K $28.60/SF
− OpEx
−$21.0K −$12.87/SF
NOI
$25.6K $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%
$512,220
Cap Rate 7%
$365,871
Cap Rate 9%
$284,567
Alternative Uses
Best Use
Apartment 5plus
$365.9K
$320.1K – $426.9K
NOI $25,611 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$396.9K
$347.3K – $463.1K
NOI $27,785 @ 7.0% cap · market cap 3.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A private balcony, generous storage, and shared building amenities complement this Center City residence.
Where is this residential income property located?
The property is located at 1901 JOHN F KENNEDY BOULEVARD Unit 2217-18 Philadelphia, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1,628.22 square feet with a two‑bedroom, two‑bath layout and potential for a third bedroom; Private balcony adjoining the living and dining area; Rooftop deck includes a heated outdoor pool, grills, and seating areas
