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One-Bedroom Apartment with City Views
For Lease
$2,225/Mo

200 N 16TH STREET #508, Philadelphia, PA 19102

One-bedroom at Franklin Tower features an open layout, stainless appliances, in-unit washer/dryer, and floor-to-ceiling windows.

Space SizeContact for details
Days on Market59

Property Features for 200 N 16TH STREET #508

General Information

Standard status Active
Property subtype Apartment

Building Details

Year Built 1950
Listing Agency: MAXWELL REALTY COMPANY
Listed By: Nancy L Alperin
Source: Cummingsrealtors
Added: Jul 6 Changed: Sep 2 Last Checked: Sep 1 at 5:31PM

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 MAXWELL REALTY COMPANY

Investment Insights

Based on property information with market context.

Available for rent at Franklin Tower, this furnished one-bedroom residence offers an open-concept living and dining area connected to a modern kitchen with stainless steel appliances, granite countertops, custom cabinetry, and a breakfast bar. The bedroom includes an all-tile European-style bathroom, while hardwood flooring and floor-to-ceiling windows provide natural light and city views. Select units offer private balconies, and the home also includes an in-unit washer and dryer.

Franklin Tower is positioned for walkable access to Philadelphia’s dining and Center City business district, with nearby cultural institutions and universities including Drexel University, Penn University, and Temple University. Public transportation and major highways are described as easily accessible, including I-676, I-76, I-476, and I-95, with 30th Street Station and Suburban Station nearby.

The building features extensive amenities across more than 50,000 square feet, including fitness centers with cycle and yoga options, resident lounges with high-speed WiFi and table games, an indoor basketball court with stadium seating, screening rooms, business centers, an entertainment kitchen, and a children’s playroom. Pet facilities include an on-site bark park, dog wash station, and pet spa, and building services include a 24-hour front desk attendant. Garage parking is available for an additional fee. Photos are of a model unit; actual finishes and layout may vary.

Key Highlights

  • One‑bedroom apartment at Franklin Tower at 16th & Race Streets (Philadelphia), built in 1950
  • Open‑concept living and dining area with floor‑to‑ceiling windows for natural light and city views
  • Modern kitchen with stainless steel appliances, granite countertops, custom cabinetry, and breakfast bar

Property Analytics

Current Use

One Franklin Tower General Contractor BVOY Training Academy Gym & Fitness Center Julian Howsare Gym & Fitness Center Shay’s Steaks Restaurant FASTSIGNS (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Electrical Service Veterinary Clinic Tanning Salon Pet Grooming Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

20,458
Businesses Nearby

Demographics for 19102, PA

7,568
Population
4,606
Households
1.6
Avg Household Size
32
Median Age
87%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
37,840
Density / Sq Mi
$114,844
Median Household Income
$79,552
Median Earnings
$2,249
Median Rent
$412,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - One-bedroom at Franklin Tower features an open layout, stainless appliances, in-unit washer/dryer, and floor-to-ceiling windows.
Where is this multifamily property located?
The property is located at 200 N 16TH STREET #508 Philadelphia, PA.
What is the lease rate?
The lease rate is $2,225/Mo.
What are key features of this property?
This property features: One‑bedroom apartment at Franklin Tower at 16th & Race Streets (Philadelphia), built in 1950; Open‑concept living and dining area with floor‑to‑ceiling windows for natural light and city views; Modern kitchen with stainless steel appliances, granite countertops, custom cabinetry, and breakfast bar
More about this property
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