The District Attorney's Office agreed in return to drop a count of aggravated indecent assault.
"I think it was a recognition that there was nothing sexual involved," said defense attorney Geoffrey Kilroy.
Even so, Figueroa-Fagot remains charged with crimes that Assistant District Attorney Joseph McGlynn said could mean a prison sentence of up to 82 years.
The judge also agreed with McGlynn's opposition to bail.
"The reality of this is a child he attempted to abduct in broad daylight who was a stranger to him," McGlynn said. "It's not only every parent's worst nightmare, but it's alarming to the city in general."
That afternoon's attempt to snatch the girl as she and her brother walked on Lee Street, near Porter Street, was caught on an outdoor security camera.
The video shows a man following the children in his car as they walk home after buying water ice at a local store. Another view then shows the man approach the children on foot. He grabs the girl, who thrashes about, as her brother screams.
The girl's resistance and the screams made the kidnapper drop the girl and flee but the video, released by police and shown on television and the Internet, led to Figueroa-Fagot's surrender on July 20.
Little new information emerged about Figueroa-Fagot. Kilroy said his office was still investigating. Kilroy said Figueroa-Fagot moved to Philadelphia from Puerto Rico about three years ago and lived with his fiancee.
Figueroa-Fagot had no apparent occupation, Kilroy said, and a "long history" of treatment for mental illness. The judge ordered a psychiatric exam.
McGlynn said Figueroa-Fagot had four "contacts with police" in Puerto Rico including a 2006 larceny conviction that resulted in probation.
According to court records and police, Figueroa-Fagot was arrested last year and charged with unlawful sexual contact with a minor girl relative as well as terroristic threats and a gun count.
Police said the charges were withdrawn after the girl and her mother said they fabricated the story.
Contact Joseph A. Slobodzian at 215-854-2985, email@example.com, or @joeslobo on Twitter.