Philadelphia · Commercial sale
La Viola Construction buys 252 S 16th St in Philadelphia for $2.45 million
An apartment building at 252 S 16th St, Philadelphia sold for $2,450,000 on July 27, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $2,450,000
- Sold
- July 27, 2026
- Property type
- Apartment building
- Building area
- 7,637 sq ft
- Price per sq ft
- $321
- Year built
- 2012
An apartment building at 252 S 16th St in Philadelphia sold for $2,450,000 on July 27, 2026, according to the Philadelphia Department of Records' real estate transfer records. The sale price is 24% above the market value of $1,982,900 on record with the Philadelphia Office of Property Assessment.
La Viola Construction LLC purchased the property from Thomas M. Rogers, TR, Hardy Sallee, TR and Robert Rasmussen Irrevocable Trust, according to the transfer records.
The building contains 7,637 square feet of space on a 3,900-square-foot lot and was constructed in 2012, according to the Philadelphia Office of Property Assessment. At that size, the sale price works out to $321 per square foot.
What this sale costs to close
What does closing cost at this price? Under Philadelphia custom the seller's larger charges are $43,830.50 for the philadelphia realty transfer tax and $12,250 for the state realty transfer tax. The seller's estimated net is $2,377,912 before brokerage commissions and any loan payoff. A cash buyer would need about $2,532,169 at closing.
Source: Philadelphia Department of Records, real estate transfers (OpenDataPhilly), document 54579415. Property details: Philadelphia Office of Property Assessment. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
