A rare opportunity to own one of Old City’s most coveted residences, this bi-level penthouse spans the entire fifth and sixth floors of an exclusive four-unit building. Set high above the cobblestone streets and historic charm of the neighborhood, this bespoke home is developed by Astoban Investments, renowned for their innovative design and exceptional craftsmanship. Combining architectural distinction, scale, and complete privacy, this penthouse represents an exceptional offering rarely available in Philadelphia’s elite market. Spanning 4,786 square feet across two floors accessible by private elevator, the penthouse is designed for entertaining and practical living. The lower level is thoughtfully arranged with four generously proportioned bedroom suites, each featuring its own ensuite bath and custom walk-in closet. A central lounge with built-in kitchenette creates an ideal space for guests or extended living. The primary suite is a sanctuary unto itself, featuring radiant heated floors, a custom steam shower, Scavolini vanities, and elegant fixtures by Fantini, Dornbracht, and Grohe. The walk-in closet is outfitted with floor-to-ceiling exposed built-ins and extensive hanging space, delivering exceptional functionality. Ascend to the upper level and discover a seamless blend of indoor-outdoor living. The chef’s kitchen, crafted in Italy by Scavolini, anchors the space with a striking 48” Wolf gas range, built-in coffee system, 30” Sub-Zero wine fridge, and bookmatched Calacatta stone countertops. A dramatic dining area with 15-foot ceilings opens onto an interior atrium, offering a tranquil open-air escape at the center of the home. Beyond, a nearly 700-square-foot private terrace provides the perfect backdrop for al fresco dining and cityscape views. At the opposite end, a glass-enclosed great room, also with soaring 15+ foot ceilings, offers a versatile retreat for a media lounge, library, or executive office, all bathed in natural light. Throughout the home, high-caliber finishes define every surface: wide-plank Austrian oak flooring, two-zone Daikin HVAC, Porcelanosa tilework, frameless glass showers, custom cabinetry, and integrated smart home systems including Nest keyless entry and ButterflyMX video intercom. One garage parking space is included with the option to purchase a second, and a full 10-year tax abatement adds long-term value. The original 1920s façade complements the character of the neighborhood, while the interior is newly built - a seamless fusion of historic charm and contemporary design. Ideally situated just five minutes from I-95, with New York City under 90 minutes away. The highly anticipated transformative I-95 capping project, currently underway, will soon deliver landscaped parks, expanded green space, and a vibrant riverfront promenade that redefines Old City’s connection to the waterfront. For the discerning buyer seeking exclusivity, scale, and sophisticated design, this is a rare opportunity to own a private custom-designed penthouse in one of Philadelphia’s most historically rich and dynamically evolving neighborhoods.
New construction
$4,400,000
124 N 2nd St #PH, Philadelphia, PA 19106
4beds
4,786sqft
Est.:
Condominium
Built in 1920
-- sqft lot
$4,172,100 Zestimate®
$919/sqft
$1,895/mo HOA
What's special
Cityscape viewsNest keyless entryRadiant heated floorsCustom steam showerGlass-enclosed great roomButterflymx video intercomDramatic dining area
- 9 days
- on Zillow |
- 304 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 08:26am
Listed by:
Megan Nicoletti 610-755-2534,
KW Empower 215-627-3500,
Co-Listing Agent: William Walsh 610-812-2257,
KW Empower
Source: Bright MLS,MLS#: PAPH2515438

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Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 6
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Zoned, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Extra Refrigerator/Freezer, Stainless Steel Appliance(s), Ice Maker, Range, Oven/Range - Gas, Dryer, Washer, Water Heater, Tankless Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Bar, 2nd Kitchen, Bathroom - Walk-In Shower, Built-in Features, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Upgraded Countertops, Walk-In Closet(s), Other, 9'+ Ceilings
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,786
- Total interior livable area: 4,786 sqft
- Finished area above ground: 4,786
Property
Parking
- Total spaces: 2
- Parking features: Other, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: Other
Features
- Levels: Bi-Level,Six
- Stories: 6
- Patio & porch: Terrace, Roof, Patio, Roof Deck
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 888000183
- Zoning: CMX3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry
Condition
- Excellent
- New construction: Yes
- Year built: 1920
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: 24 Hour Security, Security System, Resident Manager
- Subdivision: Old City
HOA
- Has HOA: No
- Amenities included: Elevator(s), Security
- Services included: Common Area Maintenance, Snow Removal, Maintenance Structure, Management, Other, Trash
- Condo and coop fee: $1,895 monthly
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $919/sqft
- Tax assessed value: $2,781,000
- Annual tax amount: $38,928
- Date on market: 7/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Condominium
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