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Residential Income Property with Rooftop Terrace
For Sale
$4,400,000

124 N 2ND STREET Unit PENTHOUSE, Philadelphia, PA 19106

A two-level penthouse pairs four private bedroom suites with a rooftop terrace and direct elevator entry.

Property Size5,167 SF
Days on Market15

Property Features for 124 N 2ND STREET Unit PENTHOUSE

General Information

Standard status Active
Size 5,167 SF
Total Parking Spaces 2
Elevators Yes
Property subtype Penthouse Unit/Flat/Apartment

Site & Location

Neighborhood Center City

Units

Unit Mix 1 x 4BR/5.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $8,703

Amenities

private rooftop terrace
private open-air atrium
glass-enclosed great room
spa-inspired bathroom
wide-plank Austrian oak flooring
Porcelanosa tilework
Daikin climate control
ButterflyMX video intercom
Nest keyless entry

Building Details

Building Size 5,167 SF
Year Built 1925
Listing Agency: SERHANT PENNSYLVANIA LLC
Listed By: Stephen A Calandrino
Source: Patmckennarealtors
Added: Oct 16 Changed: Oct 25 Last Checked: Oct 28 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERHANT PENNSYLVANIA LLC

Rey
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Investment Insights

Based on property information with market context.

This two-level penthouse occupies the fifth and sixth floors of a four-residence condominium at 124 N. 2nd Street. The home has four bedroom suites, each with a private bathroom, plus five full bathrooms and a powder room. A private elevator opens directly into the residence. Upper-floor living spaces feature ceilings exceeding 15 feet, skylights, and a private open-air atrium. The Italian Scavolini kitchen includes custom cabinetry, Calacatta stone countertops, an island, and professional-grade appliances. A private rooftop terrace measures nearly 700 square feet, and the building provides two spaces in its secure indoor garage.

The property is in Philadelphia’s Old City neighborhood, near the Delaware River waterfront and Center City amenities. The surrounding area includes restaurants, cafes, galleries, boutiques, cultural landmarks, and nightlife, with access to major transportation routes.

Key Highlights

  • Four bedroom suites, five full bathrooms, and a powder room across two levels
  • Private rooftop terrace of nearly 700 square feet
  • Direct elevator entry into the residence

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,253
Businesses Nearby

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A two-level penthouse pairs four private bedroom suites with a rooftop terrace and direct elevator entry.
Where is this residential income property located?
The property is located at 124 N 2ND STREET Unit PENTHOUSE Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Four bedroom suites, five full bathrooms, and a powder room across two levels; Private rooftop terrace of nearly 700 square feet; Direct elevator entry into the residence
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