Patterson-Schwartz Real Estate124 N 2Nd Street #4, Philadelphia, PA 19106 $1,950,000
Interior Sq. Ft: 2,805
Acreage:
Age:105 years
Style:
Loft with Bedrooms, Unit/Flat
Subdivision: Old City
Design/Type:
Unit/Flat/Apartment
Description
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.
Home Assoc: No
Condo Assoc: $1,028/Monthly
Basement: N
Pool: No Pool
Features
Utilities
Zoned Heating, Natural Gas, Central A/C, Electric, Hot Water - Tankless, Public Water, Public Sewer, Dryer In Unit, Washer In Unit
Garage/Parking
Detached Garage, Covered Parking, Detached Garage Spaces #: 1;
Interior
Built-Ins, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Accessibility - Elevator, Security System
Exterior
Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (121 schools)
Public Middle (25 schools)
Public High (59 schools)
Private (80 schools)
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This report is a detailed community overview for Philadelphia (19106), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $101,066
Community Summary
- Population Density (ppl / mile): 10,442
- Household Size (ppl): 1.70
- Households w/ Children: 13%
Housing Inventory
- Owned: 3,307 (43.0%)
- Rented: 3,429 (44.6%)
- Vacant: 947 (12.3%)
- Total: 7,683
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.5%
- Some High School: 2.8%
- High School Graduate: 8.6%
- Some College: 8.8%
- Associate Degree: 1.5%
- Bachelor's Degree: 37.1%
- Graduate Degree: 40.7%
Income by dollar range
Median Income: $107,388
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,344
- One Bedroom: $1,731
- Two Bedroom: $2,124
- Three Bedroom: $2,528
- Four Bedroom: $2,389
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-753-2116
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 7/17/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
