124 N 2ND STREET #PH, PHILADELPHIA, PA 19106

$4,400,000

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… Read More 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 fae7;ade 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. Read Less

Courtesy of Megan Nicoletti, KW Empower 215-627-3500

Listing Snapshot

Days Online

255

Last Updated

Apr 5, 2026

Property Type

Condominium

Beds

Full Baths

Partial Baths

Square Ft.

4,786

Year Built

1920

MLS Number

PAPH2515438

Additional Details

Appliances & Equipment

Built-In Microwave, Dishwasher, Extra Refrigerator/Freezer, Stainless Steel Appliances, Icemaker, Commercial Range, Oven/Range - Gas, Dryer, Washer, Water Heater

Building

Built in 1920, Built in 2024 (effective), Living area: 4786, Levels: 6, Entry level: 5, Construction Materials: Masonry

Cooling

Central A/C

Exterior Features

Patio/Porch Features: Terrace, Roof, Patio(s), Roof Deck

Garage

2 spaces

Heating

Zoned

Home Owner's Association

Fee Includes: Common Area Maintenance, Snow Removal, Ext Bldg Maint, Management, Trash, Amenities: Elevator, Security

Interior Features

Bar, 2nd Kitchen, Bathroom - Walk-In Shower, Built-Ins, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wood Floors

Lot

Dimensions: 0.00 x 0.00

Pets Policy

Allowed: Case by Case Basis, Number Limit

Property

Excellent, Other structures: Above Grade, Below Grade

Security Features

24 hour security, Security System, Resident Manager

Sewer

Public Sewer

Taxes

Annual Amount: $38,928, Lot: 389, Year: 2024, Zoning: CMX3

Utilities

Water Source: Public

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