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421 Chestnut Street 401Philadelphia, PA 19106

For Sale

$1,595,000

Smart Buyer Rebate $15,950

Grand in scale and extraordinary in detail, Unit #401 in the historic Bank Building pairs old world craftsmanship, modern updates, stunning architecture, and front-row views of
Philadelphia history in a truly exceptional residence. This single-level condo offers 3 bedrooms,
2.5 bathrooms, and an open, airy layout thoughtfully divided among three distinct wings.
Constructed in 1859 along what was once Bankers Row, The Bank Building makes a
commanding impression with its stately facade, arched windows, intricate stonework, and
distinctive cast-iron entrance. A private lobby and attentive doorman welcome the building’s
few residents, while an elevator carries you right to #401’s towering French doors. Stepping
inside the foyer, you’re immediately captivated by the magnificent center gallery, where Carrara
and Bardiglio marble flooring, marble-trimmed arches, classically sculptured busts, elaborate
moldings, and a gold-leaf-adorned coffered Venetian plaster ceiling set an unforgettable tone.
At the far end, a striking nook framing a south-facing window creates an idyllic spot for a
writing desk and a daily connection to the historic surroundings. Multiple sets of double doors
open to the separate wings, including two pairs that lead to the breathtaking, sunlit main living
space. Here, soaring ceilings and Versailles-pattern oak flooring enhance an impressive open
layout with abundant room for relaxing, formal dining, and entertaining on a grand scale.
Ornate millwork, elegant chandeliers, picture molding, and a detailed fireplace mantel add to
the room’s character, while oversized arched windows showcase lush treetops and views of
the Second Bank of the United States. Sure to inspire plenty of home-cooked meals, the
Joanne Hudson-designed chef’s kitchen is fitted with bespoke cabinetry, a paneled Sub-Zero
refrigerator, a Wolf dual-fuel range, a Miele dishwasher, a distinctive tile backsplash, and a
center island with a solid walnut top and seating. A pantry, powder room, and laundry cabinet
are conveniently tucked just off the kitchen. Back through the center gallery, the bright, hotel-like primary suite boasts a sitting area, a walk-in closet, and a luxurious ensuite bathroom with
dual vanities, a soaking tub, and a large glass-enclosed, multi-jet shower. Completing the
home is a final wing with two additional bedrooms and a full hall bathroom. Residents of The
Bank Building enjoy access the adjoining Renaissance Hotel, for possible valet parking.
Outside the front door, the setting is just as special. Independence Mall and the historic streets
of Old City surround the property, while sprawling Washington Square Park, top restaurants,
friendly cafes, lively entertainment, and local shops are all steps away. Penn’s Landing and
Center City are also close by, with easy access to I-95 and South Jersey. Rare in its
combination of scale, craftsmanship, and setting, 421 Chestnut St #401 offers the chance to
live among the landmarks that define Philadelphia in a residence every bit as memorable as the
history outside its windows. Schedule your tour today! Owner pays electric bill.

Listed by Michael R. McCann

·

License #AB049770L

·

KW Empower

·

2157094141

Last updated September 15, 2026

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Source: BrightMLS #PAPH2658318

Listing Facts

  • TypeCondo
  • NeighborhoodOld City
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu32
  • HOA/Maint. Fees$2,225.14/month
  • Taxes$21,586/year
  • Size3,068 sqft
  • Price per sqft$520

Amenities

  • Concierge
  • Elevator
  • Fitness Center

Location

Mortgage Calculator

Listing History

08/14/2026
Listed by KW Empower
$1,595,000
  1. 08/14/2026$1,595,000
    Listed by KW Empower

Property Details for 421 Chestnut Street 401

Association

Amenities

  • Association Amenities: Elevator, Fitness Center, Concierge
  • Pets Allowed: Case by Case Basis

Fees

  • Association Fee 2: $2,225.14 Monthly
  • Association Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Gas, Snow Removal, Trash, Water

Exterior

Construction

  • New Construction: No
  • Year Built: 1900
  • Architectural Style: Unit/Flat
  • Building Name: THE BANK BUILDING
  • Construction Materials: Masonry
  • Entry Level: 4

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

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

Financial

Taxes

  • Tax Annual Amount: $21,586.00
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 3,068
  • Living Area Source: Assessor

Rooms

  • Has Basement: No
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Main Level Bedrooms: 3

Other

Features

  • Accessibility Features: Elevator

General

  • Senior Community: No

Location

  • Subdivision Name: OLD CITY
  • Tax Lot: 262

Parking

Parking

  • Garage: No
  • Parking Features: Prepaid

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 3 bathrooms in this condo at 421 Chestnut Street 401.

What are the annual taxes for 421 Chestnut Street 401?

Annual taxes for this condo are estimated at $21,586.

How does 421 Chestnut Street 401 compare to other condos in Old City?

This condo is listed 137% above the average price for condos in Old City and has been on the market for 101 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the THE BANK BUILDING building.

What is the square footage on this condo?

According to the MLS, this listing is 3,068 sqft.

421 Chestnut Street 401 is a 3-bedroom, 3-bath condo for sale in PHILADELPHIA PA 19106. Listed on Prevu for 32 days at $1,595,000. This property features 3,068 square feet of living space, located in Old City. The median listing price for condos in this area is $392,450. Additional amenities include concierge, elevator, and fitness center. Browse more condo listings in Philadelphia.

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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.