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$770,000
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Property Description
Unicorns do exist in real estate. With a 97 Walk Score and 97 Transit Score, you're directly 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.
Full Property Details
Full Property Details for 225 Race St #400
General
- Sold For: $770,000
- HOA FEE: $618/month
- Taxes: $7,813 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSPhilly
- MLS ID: PAPH2536968
- Added to Site: 128 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Office
- 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas/Propane, Mantel(s), Metal, Screen
- 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
- Flooring: Solid Hardwood, Stone
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Additional Information
- Shared Amenities: None
- Security/Safety: Carbon Monoxide Detector(s), Fire Detection System, Intercom, Security System, Smoke Detector, Sprinkler System - Indoor
Exterior
- Exterior Features: Exterior Lighting, Roof Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Assigned Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, Attendant, Heated, Lighted Parking
- Parking Type: Parking Garage
- Garage Description: Covered Parking, Underground
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLD CITY
- Cross Streets: N. 2nd Street
- Driving Directions: Market Street to N. 2nd Street, Right on Race Street. Building is on the Left at 225 Race Street # 400.
School Information
- School District: The School District Of Philadelphia
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Snow Removal
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Energy Star Cooling System
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Heat Pump - Gas BackUp, Energy Star Heating System
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary, Loft
- Structure Type: Garden 1 - 4 Floors
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Drainage System, Drain, Full, Improved, Interior Access, Sump Pump
- Windows: Atrium, Casement, Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Insulated, Low-E, Palladian, Replacement, Screens, Skylights
- Doors: ENERGY STAR Qualified Door(s), Insulated
- Entry Floor Number: 4
- Elevator(s ): 1
- Stories Description: Main
- Square Feet: 1,976
- Sq. Ft. Source: Assessor
- Living Area: 1,976 Sq. Ft.
- Finished Above Grnd: 1,976 Sq. Ft.
- Year Built: 1860
- Year Built Source: Estimated
Lot Features
- Property View: City, River, Panoramic
- Zoning: RESIDENTIAL
Water Features
- Water View: Yes
Green Features
- Energy Efficient: Appliances, Construction, Fireplace/Wood Stove, Flooring, Home Energy Management, HVAC, Lighting
Financial Considerations
- Price Per Sq. Ft.: $404.81
- Condo Fee: $618
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- School Tax: $4,375
- City/TownTax: $3,437
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $558,200
- Tax Amount: $7,813
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1976
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Personal Property.
- Inclusions: Refrigerator/Freezer, 6 Burner Gas Range/Oven, Wall Oven, Wall Microwave, Dishwasher, Washer, Dryer, Curtains/Rods, Window Treatments. All convey in as-is condition.
- Lot Number: 804
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Schools
Schools serving 225 Race St #400
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.8 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 Race St #400
Date
Details
Price
Change
Source
1/14/2026
Sold
$770,000
-3.74%
MLS
11/05/2025
Price Reduced
$799,900
-5.88%
MLS
9/12/2025
Listed
$849,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
225 Race Street #400, Philadelphia, PA 19106 (MLS# PAPH2536968) is a Condo property that was sold at $770,000 on January 14, 2026. This property was sold by Dominic Fuscia Team from our Old City Office.Want to learn more about 225 Race Street #400? Do you have questions about finding other Condo real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.


