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Corner Residential Income Property
New
For Sale
$675,000

50 S 16TH STREET Unit 4407, Philadelphia, PA 19102

Corner residence with a one-bedroom-plus-den layout, updated amenities floor, and full-service building staff.

Property Size1,150 SF
Days on Market7

Property Features for 50 S 16TH STREET Unit 4407

General Information

Standard status Active
Size 1,150 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $8,975

Amenities

fitness center
full-time door staff
concierge
chauffeur-driven town car

Building Details

Building Size 1,150 SF
Year Built 1990
Listing Agency: Kurfiss Sotheby's International Realty
Listed By: Melanie M Stecura · License #RS303677
Source: Patmckennarealtors
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 8 at 11:28AM

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 Kurfiss Sotheby's International Realty

Investment Insights

Based on property information with market context.

This corner residential income property is configured as a one-bedroom residence with a den or home-office area. The layout is described as capable of conversion to two bedrooms. Windows frame views toward City Hall and the surrounding skyline, while the building’s amenities floor has been recently updated with a fitness center. Full-time door staff, concierge service, and a chauffeur-driven town car are also available.

The property is at 50 S 16TH STREET Unit 4407 in Philadelphia’s Center City, positioned between Rittenhouse Square and the Avenue of the Arts. Restaurants and cultural destinations are within a short walk. Valet parking is available for the resident and guests for an additional fee.

Key Highlights

  • Corner unit with skyline and City Hall views
  • One‑bedroom layout with den or home‑office space
  • Layout described as convertible to two bedrooms

Property Analytics

Current Use

Smith Sherman W Law Firm Schildhorn Gary M Law Firm Ellen D. Bailey Law Firm The Tactile Group (Bike/Boat/Book/etc) Store Paycom Philadelphia (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Butcher 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

26,467
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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Corner residence with a one-bedroom-plus-den layout, updated amenities floor, and full-service building staff.
Where is this residential income property located?
The property is located at 50 S 16TH STREET Unit 4407 Philadelphia, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Corner unit with skyline and City Hall views; One‑bedroom layout with den or home‑office space; Layout described as convertible to two bedrooms
More about this property
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