225 RACE STREET #400, PHILADELPHIA, PA 19106 - Steven Joseph Real Estate LLC

$799,900

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… Read More 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. Read Less

Courtesy of Tim Owen, Compass Pennsylvania, LLC 267-435-8015

Listing Snapshot

Days Online

Last Updated

Dec 18, 2025

Property Type

Condominium

Beds

Full Baths

Square Ft.

1,976

Year Built

1860

MLS Number

PAPH2536968

Additional Details

Appliances & Equipment

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

Basement

Drainage System, Drain, Full, Improved, Interior Access, Sump Pump

Building

Built in 1860, Living area: 1976, Levels: 2, Entry level: 4, Construction Materials: Masonry, Brick

Cooling

Central A/C, Energy Star Cooling System

Doors

ENERGY STAR Qualified Door(s), Insulated

Accessibility Features

Elevator

Energy Saving

Energy Efficiency: Appliances, Construction, Fireplace/Wood Stove, Flooring, Home Energy Management, HVAC, Lighting

Exterior Features

Exterior Lighting, Roof Deck

Fireplaces

1 fireplace, Gas/Propane, Mantel(s), Metal, Screen

Floors

Solid Hardwood, Stone

Garage

1 spaces

Heating

90% Forced Air, Heat Pump - Gas BackUp, Energy Star Heating System

Home Owner's Association

Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Amenities: None

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

Lot

Dimensions: 0.00 x 0.00

Parking

Assigned, Attendant, Heated, Lighted Parking

Property

Other structures: Above Grade, Below Grade, City, River, Panoramic

Security Features

Carbon Monoxide Detector(s), Fire Detection System, Intercom, Security System, Smoke Detector, Sprinkler System - Indoor

Sewer

Public Sewer

Taxes

Annual Amount: $7,813, Lot: 804, Year: 2025, Zoning: RESIDENTIAL

Utilities

Water Source: Public, 200+ Amp Service, Circuit Breakers

Windows

Atrium, Casement, Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Insulated, Low-E, Palladian, Replacement, Screens, Skylights

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