124 N 2nd Street Ph Philadelphia, PA 19106
Listing Courtesy of: BRIGHT IDX / Kw Empower

  124 N 2nd Street Ph Philadelphia, PA 19106

Coming Soon
$4,400,000
4
BED
6
BATH
4,786
SQFT

Description

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 sculptural soaking tub, 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.

MLS #:
PAPH2515438
Taxes
$38,928(2024)
Type
Condo
Year Built
1920
Style
Bi-Level, Contemporary, Loft With Bedrooms, Other
School District
Philadelphia City
County
Philadelphia County

Listed By

Megan Nicoletti, Kw Empower
Source
BRIGHT IDX
Last checked Jul 16 2025 at 12:41 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Half Bathroom: 1
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
  • Other
  • Built-In Microwave
  • Dishwasher
  • Extra Refrigerator/Freezer
  • Stainless Steel Appliances
  • Icemaker
  • Commercial Range
  • Oven/Range - Gas
  • Dryer
  • Washer
  • Water Heater
  • Walls/Ceilings: 9'+ Ceilings
Subdivision
  • Old City
Property Features
  • Above Grade
  • Below Grade
Heating and Cooling
  • Zoned
  • Central A/C
Exterior Features
  • Masonry
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Stories
  • 6
Living Area
  • 4,786 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/15/25 17:41