New Construction
262 S 16Th Street # 7 Philadelphia, PA
$ 1,625,000
Property Attributes
  • MLS#PAPH999088
  • TypePending
  • CityPhiladelphia
  • Area19102
  • NeighborhoodRittenhouse Square
  • Zip19102
  • StyleUnit/Flat
  • Year Built2021
  • Taxes$ 11228
  • Price$ 1,625,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1800
Listing Provided Courtesy Of:
Keller Williams Philly
Data Source:
Bright MLS - 382 - MD
Property Description

Hightop Development is proud to bring you the newest boutique luxury condo building right in the heart of Rittenhouse! TwoSixTwo, located at Spruce and 16th Streets, is ideally situated in the highly sought-after Rittenhouse neighborhood, overflowing with convenient amenities and opulent features. The WALNUT model at TwoSixTwo spans the entire 6th level offering 2 bedrooms, 2 bathrooms, and a private terrace. At first glance from the street, you will notice TwoSixTwo's beautifully designed brick facade aligns perfectly with the cornice edges of the historic buildings that fill the block. Don't let this fool you, as everything about this building is modernized to today's exacting standards. Once you pass through the secure entrance to your private elevator, you are chauffeured to your home with soaring 10.5 foot ceilings. The elevator opens directly into your welcoming foyer adorned with custom millwork to hang your coats and tuck your shoes away. The east wing of the home's first level is open and airy featuring a stunning kitchen, large dining room, and spacious living area. An abundance of natural sunlight beams through the sliding glass doors, that opens to the full-length terrace. The gleaming chef's kitchen is designed to be the heart of the home with the highest standards in craftsmanship and convenience. Custom cabinetry, designer appliances, and a grand center island with waterfall quartz counters, that easily accommodate 4 chairs, are just a few of the kitchen's sumptuous features. Hardwood floors that cover most of the home guide you past the powder room, to the west wing of the home. There, you'll find two secondary bedrooms, a full hall bathroom with designer finishes, and a conveniently placed laundry closet. Finishing the home is the opulent primary suite comprised of a large bedroom with floor-to-ceiling windows, a walk-in closet, and an indulgent, spa-like en-suite adorned with a free-standing soaking tub, rainfall shower-heads, and a double vanity. As with every home in the building, a dazzling light well pierces the middle of this unit, adding illumination to the home from its center. The long list of building amenities includes package concierge, cold storage, on-site storage, and smart home technology. Although no car is needed with such easy access to everything, the Seller will be including 1-year prepaid PARKING at a location of your choice. Most importantly, these homes have the FULL 10-YEAR TAX ABATEMENT and LOW CONDO FEES! This location can't be beaten with tons of restaurants, shopping, and Rittenhouse Square park just steps away. Famous nearby landmarks and eateries include the Kimmel Center, Pennsylvania Academy of the Fine Arts, Lacroix Restaurant at The Rittenhouse, Parc, Devon, and Alma De Cuba. There's easy access to surrounding neighborhoods and major roadways via Broad Street, Market Street, and public transportation. Opportunities to own a luxury, new construction home, in a boutique condo building located in Rittenhouse Square don't come often! *All square footage numbers are approximate and include above and below grade square footage. Square footage & real estate taxes should be verified by the buyer.*

Price History
3/29/2021 Listed $1,625,000

General Features

Accessibility None
Architectural Style Unit/Flat
Association Amenities None
Association Fee Includes Alarm System, Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Snow Removal
Association Y/N No
Bathrooms Count Main Level 2.00
Bathrooms Full Main Level 2
Condo/Coop Association Y/N Yes
Construction Completed Y/N No
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
Days on Market 148
Garage Y/N No
HOA Fee 2 362.00
HOA Fee 2 Frequency Monthly
Heating Forced Air
Levels 3
MLS Area 19102 (19102)
New Construction Yes
Other Structures Above Grade, Below Grade
Ownership Condominium
Pool Y/N No Pool
Possession Settlement
Price Per Sq Ft 902.78
Property Type Residential
PropertyCondition Excellent
Senior Community Y/N No
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Tax Annual Amount 11228.0
Tax Year 2021
Unit Number 7
Vacation Rental Y/N No
Water Access Y/N No

Interior Features

Above Grade Finished Area 1800
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Yes
Entry Level 1
Full Baths 2
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Laundry Type Has Laundry
Living Area 1800
Main Level Bedrooms 2
Total Baths 2
Total Bedrooms 2

Exterior Features

Lot Dimensions 25.00 x 125.00
Navigable Water Y/N No
Parking Features Prepaid
Parking Lot - # Of Spaces 1
Total Parking Spaces 1
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19102

AVG $350K
AVG $8,659
AVG 267
Year Built
AVG 1977
AVG 99
Data Provided by Walkscore ® not using MLS data

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