225 Race Street #400, Philadelphia, PA 19106-1965 $849,900

Coming Soon
Interior Sq. Ft: 1,976
Acreage:
Age:165 years
Style:
Contemporary, Loft
Subdivision: Old City
Design/Type:
Penthouse Unit/Flat/Apartment
Description
Unicorns do exist in real estate. With a 97 Walk Score and 97 Transit Score, you’re just half a block from Philadelphia’s Erewhon—Riverwards Produce Market in Old City. This is a once-in-a-lifetime opportunity to own a truly rare, fully renovated top-floor penthouse loft in a boutique four-story former fabric mill built circa 1860. The building was thoughtfully restored to highlight original architectural elements like exposed brick walls, wood beam ceilings, ductwork, and random-width original hardwood floors, all while incorporating modern upgrades for today's lifestyle. This two-bedroom, two-bathroom condominium combines period charm with contemporary comfort with a Private Roof Deck and Pilot House. It includes off-street parking for one covered valet garage parking space, a gas fireplace, in-unit laundry, home office space, and a private modern elevator that opens directly into the unit. One of the standout features is the private rooftop deck and pilot house, exclusive to this unit, offering stunning 360-degree views of Old City, the Center City skyline, and the Delaware River. The living space is flooded with natural light thanks to large, operable factory windows and skylights on all sides of the unit. The open-concept living, dining, and kitchen areas are ideal for entertaining. The gourmet kitchen features custom 42-inch solid wood cabinetry, a Sub-Zero refrigerator and freezer, Wolf 6-burner gas range with convection oven, built-in microwave and wall oven, Best high-CFM range hood, stone countertops, a custom tile backsplash, LED under-cabinet lighting, a double-bowl undermount sink, disposal, and an oversized pantry. Everything is designed with both form and function in mind. The spacious primary bedroom suite includes a full wall of custom-built closet storage and a luxurious en suite bath. The bath is outfitted with a walk-in stone-tiled shower with multiple heads and body jets, dual sinks, custom wood vanity, stone counters, Kohler fixtures, LED sconces, recessed lighting, and a linen closet. The second full bath features a Kohler bathtub and shower combination, stone wall and floor tile, a wood vanity with stone countertop, LED lighting, and is conveniently located next to the in-unit laundry room. This home has been meticulously upgraded with a high-efficiency AO Smith Pro Line XE gas hot water heater, a Bryant Legacy Line high-efficiency HVAC system, and an upgraded electrical panel dedicated solely to this unit. The original hardwood floors were professionally refinished to maintain their character while offering a modern, lived-in patina. The entire unit has just been professionally painted, and the building’s common hallways and exterior were also recently refreshed. The private rooftop deck, accessible only from this unit, features a Trex deck with railing and a dedicated gas line for grilling—perfect for hosting or simply relaxing above the city. Safety and convenience are top priorities in this well-managed building, which includes a fire suppression sprinkler system throughout and intercom/doorbell systems at both the front and rear entrances. You’ll love living in the heart of historic Old City, known for its beautiful architecture, art galleries, boutiques, restaurants, cafes, and cultural landmarks. You’re also within easy reach of Market and Broad Street lines, I-76, I-95, I-676, 30th Street Station, the Philadelphia Airport, and bridges to New Jersey. This move-in-ready penthouse offers the perfect blend of historic character, modern luxury, and a premier location. With the Philadelphia Homestead Exemption, the estimated property taxes for 2025 are just $6,414. Don’t miss this one-of-a-kind opportunity to own a piece of Philadelphia history with all the amenities of modern living.
Bedroom 2: Main
Foyer: Main
Laundry: Main
Dining Room: Main
Living Room: Main
Office: Main
Home Assoc: No
Condo Assoc: $618/Monthly
Basement: Y
Pool: No Pool
Features
Utilities
90% Forced Air, Energy Star Heating System, Heat Pump - Gas BackUp, Natural Gas, Central A/C, Energy Star Cooling System, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service, Circuit Breakers, Dryer In Unit, Washer In Unit
Garage/Parking
Parking Garage, Covered Parking, Underground, Assigned Parking, Attendant Parking, Lighted Parking
Interior
Breakfast Area, Built-Ins, Ceiling Fan(s), Basement Drain, Basement Drainage System, Full Basement, Improved Basement, Interior Access Basement, Basement Sump Pump, Stone Flooring, Solid Hardwood Flooring, Gas/Propane Fireplace, Mantel(s), Fireplace Screen, Metal Fireplace, Accessibility - Elevator, Atrium Windows, Casement Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Energy Efficient Windows, Insulated Windows, Double Hung Windows, ENERGY STAR Qualified Door(s), Insulated Doors, Carbon Monoxide Detector(s), Fire Detection System, Intercom, Security System, Smoke Detector
Exterior
Brick Exterior, Masonry, Exterior Lighting
Lot
City View, Panoramic View, River View
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Public Elementary (122 schools)
Public Middle (25 schools)
Public High (59 schools)
Private (80 schools)
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This report is a detailed community overview for Philadelphia (19106), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $101,066
Community Summary
- Population Density (ppl / mile): 10,442
- Household Size (ppl): 1.70
- Households w/ Children: 13%
Housing Inventory
- Owned: 3,307 (43.0%)
- Rented: 3,429 (44.6%)
- Vacant: 947 (12.3%)
- Total: 7,683
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.5%
- Some High School: 2.8%
- High School Graduate: 8.6%
- Some College: 8.8%
- Associate Degree: 1.5%
- Bachelor's Degree: 37.1%
- Graduate Degree: 40.7%
Income by dollar range
Median Income: $107,388
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,344
- One Bedroom: $1,731
- Two Bedroom: $2,124
- Three Bedroom: $2,528
- Four Bedroom: $2,389
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2233
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, kenenochs@compass.com
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Information Deemed Reliable But Not Guaranteed.
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Listing data as of 9/11/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.