New Construction 1BR
For Lease
$2,050/Mo
721 N 16TH STREET #3, Philadelphia, PA 19130
New 2023 one-bedroom unit with updated kitchen, flooring, and bathroom in an elevator-equipped building.
Property Size696 SF
Days on Market15
Property Features for 721 N 16TH STREET #3
General Information
Standard status
Active
Size
696 SF
Property subtype
Apartment
Lease Type
/mo
Amenities
elevator
Building Details
Year Built
2023
Listing Agency:
Keller Williams Main Line
(215) 421-3362
Listed By:
Denise A Frazier · License #AB067937
(215) 421-3362
Source:
Cummingsrealtors
Added: Jul 16
Changed: Jul 26
Last Checked: Jul 30 at 6:23AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
A newer 2023 one-bedroom apartment in Philadelphia’s walkable Fairmount area. The unit features a new kitchen, new flooring, and a newly updated bathroom. The building includes an elevator.
The property is minutes from Center City and is close to multiple routes of transportation.
Water and sewer are covered by the landlord. Pets are considered on a case-by-case basis, and the lease requires a security deposit plus first and last month’s rent at signing.
The property is minutes from Center City and is close to multiple routes of transportation.
Water and sewer are covered by the landlord. Pets are considered on a case-by-case basis, and the lease requires a security deposit plus first and last month’s rent at signing.
Key Highlights
- 2023‑built 1BR unit in Philadelphia’s Fairmount neighborhood
- Updated interior with a new kitchen, new flooring, and a new bathroom
- Building includes an elevator
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$37.67 /SF/Yr
Avg Asking Price
$0.58–$64.33 /SF/Yr
Price Range
1,757 SF
Avg Space Size
This space is priced 6% below the average of $37.67 /SF/Yr.
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New 2023 one-bedroom unit with updated kitchen, flooring, and bathroom in an elevator-equipped building.
Where is this apartment building located?
The property is located at 721 N 16TH STREET #3 Philadelphia, PA.
What is the lease rate?
The lease rate is $2,050 /Mo.
What are key features of this property?
This property features: 2023‑built 1BR unit in Philadelphia’s Fairmount neighborhood; Updated interior with a new kitchen, new flooring, and a new bathroom; Building includes an elevator
