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Residential Income Property with Private Terrace
For Sale
$3,950,000

50 S 16TH STREET Unit 4604, Philadelphia, PA 19102

A custom-designed residence pairs expansive entertaining areas with a temperature-controlled wine room and private outdoor space.

Property Size5,550 SF
Price / SF$711.71
Days on Market94

Property Features for 50 S 16TH STREET Unit 4604

General Information

Standard status Active
Size 5,550 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Center City

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $77,758

Amenities

wine cellar
private terrace
fireplace
butler's pantry

Building Details

Building Size 5,550 SF
Year Built 1990
Listing Agency: Kurfiss Sotheby's International Realty
Listed By: Melanie M Stecura · License #RS303677
Source: Desantis-realestate
Added: Jul 29 Changed: Oct 27 Last Checked: Oct 27 at 4:32AM

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

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Investment Insights

Based on property information with market context.

This 5,550-square-foot residence, built in 1990, combines custom interiors with substantial outdoor living space. The private terrace measures approximately 2,400 square feet and connects to the entertaining areas. Interior details include antique French fixtures, a macassar ebony fireplace in the formal living room, and a gourmet kitchen with an oversized island. A butler’s pantry sits beside the temperature-controlled wine room, which accommodates 1,500 bottles. The primary suite includes a Carrera marble bathroom, two walk-in closets, and a lounge with direct terrace access.

The residence offers east-, west-, and north-facing views, including City Hall, the Ben Franklin Bridge, the Delaware and Schuylkill Rivers, and the Philadelphia skyline.

Key Highlights

  • 5,550‑square‑foot residence built in 1990
  • Private terrace of 2,400+- square feet
  • Temperature‑controlled wine room with 1,500‑bottle capacity

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Residential income property - A custom-designed residence pairs expansive entertaining areas with a temperature-controlled wine room and private outdoor space.
Where is this residential income property located?
The property is located at 50 S 16TH STREET Unit 4604 Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 5,550‑square‑foot residence built in 1990; Private terrace of 2,400+- square feet; Temperature‑controlled wine room with 1,500‑bottle capacity
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