BuySellBlogBrowse Listings

225 Race Street 400Philadelphia, PA 19106

For Sale

$849,900

Smart Buyer Rebate $8,499

Unicorns do exist in real estate. With a 97 Walk Score and 97 Transit Score, you’re right across the street from 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 deeded off-street parking for one covered valet garage parking space at The Old City Parkominium right across the street from the rear entrance to the building that conveys with the unit, 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.

Listed by Tim Owen

·

License #RS304635

·

Compass Pennsylvania, LLC

·

2672821136

Last updated October 21, 2025

·

Source: BrightMLS #PAPH2536968

Listing Facts

  • TypeCondo
  • NeighborhoodOld City
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu42
  • HOA/Maint. Fees$618.84/month
  • Taxes$7,813/year
  • Size1,976 sqft
  • Price per sqft$430

Amenities

  • Dishwasher
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

09/12/2025
Listed by Compass Pennsylvania, LLC
$849,900

Property Details for 225 Race Street 400

Association

Amenities

  • Pets Allowed: No Pet Restrictions

Fees

  • Association Fee 2: $618.84 Monthly
  • Association Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal

Exterior

Construction

  • New Construction: No
  • Window Features: Atrium, Casement, Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Insulated, Low-E, Palladian, Replacement, Screens, Skylights
  • Year Built: 1860
  • Architectural Style: Contemporary, Loft
  • Construction Materials: Masonry, Brick
  • Entry Level: 4
  • Exterior Features: Exterior Lighting, Roof Deck

Features

  • Other Structures: Above Grade, Below Grade
  • View: City, River, Panoramic
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 0

Financial

Taxes

  • Tax Annual Amount: $7,813.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Intercom, Oven - Self Cleaning, Oven - Single, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
  • Fireplace Features: Gas/Propane, Mantel(s), Metal, Screen
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Solid Hardwood, Stone
  • Interior Features: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Sprinkler System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage, Wood Floors

Measurements

  • Living Area: 1,976
  • Living Area Source: Assessor

Rooms

  • Basement: Drainage System, Drain, Full, Improved, Interior Access, Sump Pump
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Environmental

  • Green Energy Efficient: Appliances,Construction,Fireplace/Wood Stove,Flooring,Home Energy Management,HVAC,Lighting

Features

  • Accessibility Features: Elevator

General

  • Exclusions: Personal Property.
  • Senior Community: No

Location

  • Subdivision Name: OLD CITY
  • Tax Lot: 804

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Assigned, Attendant, Heated, Lighted Parking

Utilities

Equipment

  • Cooling: Central A/C, Energy Star Cooling System
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: 90% Forced Air, Heat Pump - Gas Back Up, Energy Star Heating System
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.