124 N 2nd St Unit 4 Philadelphia, PA 19106
Old City NeighborhoodEstimated payment $13,356/month
Highlights
- Remodeled in 2024
- Commercial Range
- 1 Elevator
- Gourmet Kitchen
- Open Floorplan
- 3-minute walk to Girard Fountain Park
About This Home
Introducing Residence 4 at 124 N. 2nd Street - a rare, full-floor residence located in one of Philadelphia’s most exclusive and historically rich neighborhoods. Developed by the esteemed Astoban Investments, known for architecturally distinctive and design-forward projects, this newly constructed boutique condominium features just four private homes - each occupying an entire floor for an exceptional blend of privacy, scale, and sophistication. Spanning 2,805 square feet, Residence 4 is accessed via a private elevator that opens into a dedicated reception vestibule reserved exclusively for this unit. Behind the building’s classic 1920s façade, the interiors have been completely reimagined with clean architectural lines, high ceilings, and oversized windows that bathe the space in natural light from morning through dusk. Wide-plank Austrian oak flooring adds warmth and refinement, complementing the home’s airy, contemporary layout. At the center of the residence is an Italian-imported Scavolini kitchen, a sculptural showpiece with minimalist cabinetry and bookmatched Compac Unique Calacatta countertops. Designed for both beauty and performance, the kitchen is outfitted with a suite of professional-grade appliances, including a 36” Wolf gas range, Sub-Zero refrigerator, Wolf microwave, ASKO dishwasher, and wine fridge. The oversized island anchors the expansive open living and dining areas, creating an ideal setting for both intimate evenings and stylish entertaining. Three spacious bedrooms each offer custom walk-in closets and en-suite baths for the ultimate in comfort and privacy. The primary suite serves as a tranquil retreat, featuring radiant-heated floors, an oversized glass-enclosed steam shower, a deep soaking tub, and dual floating Scavolini vanities. Bathrooms throughout are finished with Porcelanosa marble, mosaic, and porcelain tile, and enhanced by designer fixtures from Fantini, Dornbracht, Grohe, and Hansgrohe - blending modern minimalism with quiet elegance. Thoughtful design and premium finishes continue throughout the home, including 8-foot solid-core interior doors, frameless glass showers, and custom cabinetry and organization systems by Culnova and Inspired Closets. The residence is also equipped with a full-size Whirlpool washer and dryer, a two-zone Daikin HVAC system for efficient climate control, ButterflyMX video intercom for secure entry, and Nest x Yale keyless access for modern convenience. One garage parking space is included with the residence. A full 10-year property tax abatement adds significant long-term value. Entirely new construction within the shell of a historic Philadelphia building, Residence 4 at 124 N. 2nd Street offers the rare opportunity to own a home that combines timeless architectural character with the finest in contemporary design. With only four residences in the building and unmatched access to Old City’s dining, art, and cultural scene, this is luxury boutique living at its best.
Co-Listing Agent
(610) 755-2534 megan.nicoletti@serhant.com KW Empower License #RS355151
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,196
Year Built
- Built in 1920 | Remodeled in 2024
HOA Fees
- $1,029 Monthly HOA Fees
Parking
- 1 Car Detached Garage
Home Design
- Entry on the 4th floor
- Masonry
Interior Spaces
- 2,805 Sq Ft Home
- Open Floorplan
- Built-In Features
- Dining Area
- Home Security System
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Commercial Range
- Range Hood
- Built-In Microwave
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Zoned Heating and Cooling System
- Tankless Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
Listing and Financial Details
- Tax Lot 389
- Assessor Parcel Number 888000182
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, trash, snow removal
- Mid-Rise Condominium
- Old City Subdivision
- Property Manager
- Property has 6 Levels
Pet Policy
- Limit on the number of pets
Additional Features
- 1 Elevator
- Security Service
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $25,196 | $1,854,000 | $241,000 | $1,613,000 |
| 2025 | $25,196 | $1,854,000 | $241,000 | $1,613,000 |
| 2024 | $25,196 | $1,854,000 | $241,000 | $1,613,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $1,950,000 | -- | $695 / Sq Ft |
Source: Bright MLS
MLS Number: PAPH2516962
APN: 888000182
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