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For sale
  • $1,599,000

    50 S 16th St Unit 5501, Philadelphia, PA 19102

    3beds
    2,425sqft
    : 
    $13,216/mo
    Get pre-qualified
    Condominium
    Built in 1990
    -- sqft lot
    $1,553,800 Zestimate®
    $659/sqft
    $3,445/mo HOA
    This home is also for rent. View listing

    What's special

    Custom california closets throughoutGenerous center islandAbundant cabinetryExtraordinary skyline viewsGracious foyer
    Perched on the 55th floor of The Residences at Two Liberty, this exceptional 2,425-square-foot Penthouse Collection residence offers three bedrooms, three and a half baths, and extraordinary skyline views. Enjoy a front-row seat to Philadelphia’s iconic moments, from Fourth of July fireworks and celebrations at the city’s stadiums to the Mummers Parade, against the illuminated silhouette of City Hall. The residence includes two permitted valet parking spaces with convenient front-door drop-off, discounted 12-, 24-, and 48-hour guest parking passes, and an on-site full-detail car wash. Flexible month-to-month parking is ideal for frequent travelers. White-glove services include a 24-hour concierge assisting with deliveries, dry cleaning, and resident needs, plus complimentary chauffeur-driven Mercedes town car service within designated Center City limits, river to river, from morning through evening. A gracious foyer leads to a gourmet kitchen featuring Calacatta marble, a generous center island, abundant cabinetry, and premium Miele and Sub-Zero appliances. The kitchen opens to expansive living and dining areas framed by floor-to-ceiling windows, with panoramic views from the Schuylkill River to the Delaware River and beyond. A remote-controlled gas fireplace with a custom mantel anchors the space. The southeastern wing features two ensuite bedrooms and breathtaking morning sunrises, while the southwestern wing is devoted entirely to the primary suite, offering dramatic evening sunsets. Designer finishes include Phillip Jeffries wallcoverings and custom California Closets throughout. A dedicated private storage unit conveys with the residence. Substantial concrete construction and exceptional sound insulation provide remarkable tranquility, while just four residences per floor ensure privacy. Ideally located in Center City, residents enjoy direct indoor access to The Shops at Liberty Place and proximity to Rittenhouse Square, acclaimed dining, luxury shopping, spas, and cultural destinations. 30th Street Station is approximately 10 minutes away, with New York City approximately 90 minutes by train, the Main Line and surrounding suburbs approximately 20 minutes away, and the Jersey Shore roughly an hour by car. The amenity floor, newly renovated in 2024, features an expansive fitness center, indoor pool, yoga studio, spa with private massage rooms, sauna, steam rooms, caterer’s kitchen, billiards room, media lounge, two conference rooms, business center, and resident lounge. Social programming includes the 2Lib book club, cocktail hours, mahjong, Eagles watch parties, and other gatherings. The building also accommodates large parties and catered events in individual residences or on the amenity floor. Pet-friendly and turnkey, this Penthouse Collection residence combines privacy, white-glove service, and panoramic views at one of Philadelphia’s most distinguished addresses. Also available for rent. Realtors please review agent remarks.
    173 days
    563
    39

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Nicoletti 610-755-2534,

    KW Empower 215-627-3500,

    Co-Listing Agent: Jennifer Rossiter 215-760-4231,

    KW Empower

    Source: Bright MLS,MLS#: PAPH2609234MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 4
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Microwave, Built-In Range, Dishwasher, Stainless Steel Appliance(s), Washer, Dryer, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Bathroom - Stall Shower, Built-in Features, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Recessed Lighting, Sauna, Upgraded Countertops, 9'+ Ceilings, High Ceilings
      • Flooring: Hardwood
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,425
      • Total interior livable area: 2,425 sqft
      • Finished area above ground: 2,425
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Inside Entrance, Underground, Private, Permit Included, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Elevator Installed, Other
      Features
      • Levels: One
      • Stories: 1
      • Pool features: Community
      • Has spa: Yes
      • Spa features: Bath
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 888092306
      • Zoning: CMX5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Masonry
      Condition
      • Excellent
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $3,445 monthly
      • Subdivision: Center City
      HOA
      • Has HOA: No
      • Amenities included: Bar/Lounge, Billiard Room, Community Center, Concierge, Elevator(s), Fitness Center, Storage, Meeting Room, Party Room, Indoor Pool, Security, Pool
      • Services included: Common Area Maintenance, Health Club, Management, Pool(s), Recreation Facility, Snow Removal, Trash
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $659/sqft
      • Tax assessed value: $1,002,942
      • Annual tax amount: $14,039
      • Date on market: 5/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Reach Out To Listing Agent For More Information
      • Exclusions: Reach Out To Listing Agent For More Information - Objects Never To Be Included Are White Tile Venetian Chests And Most Of The Art.
      • Ownership: Condominium

        Estimated market value

        $1,553,800

        $1.48M - $1.63M

        $5,614/mo

        Price history

        DateEventPrice
        7/21/2026Price change$1,599,000-19.8%$659/sqft
        Source: Bright MLS #PAPH2609234 Report a problem
        5/28/2026Listed for rent$15,000+3.4%$6/sqft
        Source: Bright MLS #PAPH2626818 Report a problem
        5/27/2026Price change$1,995,000-9.3%$823/sqft
        Source: Bright MLS #PAPH2609234 Report a problem
        5/4/2026Listed for sale$2,200,000+22.2%$907/sqft
        Source: Bright MLS #PAPH2609234 Report a problem
        4/9/2026Listing removed$14,500$6/sqft
        Source: Bright MLS #PAPH2525822 Report a problem
        2/23/2026Price change$14,500-11%$6/sqft
        Source: Bright MLS #PAPH2525822 Report a problem
        10/7/2025Price change$16,300-6.9%$7/sqft
        Source: Bright MLS #PAPH2525822 Report a problem
        8/14/2025Listed for rent$17,500$7/sqft
        Source: Bright MLS #PAPH2525822 Report a problem
        3/12/2019Sold$1,800,000-3.5%$742/sqft
        Source: Public Record Report a problem
        2/12/2019Pending sale$1,865,000$769/sqft
        Source: Kurfiss Sotheby's International Realty #1001916792 Report a problem
        1/11/2019Listed for sale$1,865,000-6.5%$769/sqft
        Source: Kurfiss Sotheby's International Realty #1001916792 Report a problem
        6/21/2018Listed for sale$1,995,000-11.3%$823/sqft
        Source: Kurfiss Sotheby's International Realty #1001916792 Report a problem
        1/2/2018Listing removed$2,250,000$928/sqft
        Source: Dranoff Properties Realty Inc #1000296017 Report a problem
        7/22/2015Listed for sale$2,250,000$928/sqft
        Source: Dranoff Properties Realty Inc #6612317 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,216 +135.7%$2,230,000 +6%
        2024$13,245 $2,103,800
        2023$13,245 -12.5%$2,103,800
        2022$15,137 --
        2021$15,137 -48.6%--
        2018$29,449 --
        2017$29,449 +10%--
        2016$26,771 +32.4%--
        2015$20,222 --
        2014$20,222 -17.5%$1,830,000 +1665%
        2012$24,522 $103,680
        2011-- $103,680
        2010-- $103,680
        2009-- $103,680 -22.3%
        2008-- $133,408
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rittenhouse

        Getting around

        100 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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