Property profile

257 16th St Philadelphia, PA 19102

OFF-MARKET
Apartment buildings
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Property ID
US73-1495775
55,204 SF 0.09 ac Built 1926
Last sale Jul 2025·$7,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$165k
Tax billed · 2023
Assessed value$11.82M
Assessed land$3.54M
Assessed improvement$8.27M
Effective rate1.40%

Value estimate

· Nov 2026
$8.21M
$7.38M – $9.03M
Submarket $/SF estimate$5.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
Submarket average, outlier-cleaned · 880 recorded sales of this use type
Observed band · Q1–Q3$151 – $436

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMX3
CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.9
Laundromat6.9
Outlet Store5.5

Location

257 16th St Philadelphia, PA 19102-3324
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 16th, Philadelphia, PA 19102-2802 $23,725,000 Dec 2025 90,532 SF
1530 Chestnut St, Philadelphia, PA 19102-2739 $12,250,000 May 2024 51,550 SF
111 15th, Philadelphia, PA 19102-1503 $30,000,000 Jan 2023 184,660 SF
1512 Walnut, Philadelphia, PA 19102-3630 $13,500,000 Mar 2022 24,035 SF
322 Broad, Philadelphia, PA 19102-1102 $143,500,000 Dec 2021 253,276 SF
305 15th St09, Philadelphia, PA 19102-1002 $1,525,000 Feb 2020 19,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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