225 Race St, Unit 400

$799,900
Price
2
Beds
1,976 Sq. Ft.
$405 / Sq. Ft.
1,976
Sq. Ft.
$405
per Sq. Ft.

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,...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.

Listing Agent

  1. Tim Owen

    Tim Owen

    Listing Agent

    Compass

    tim.owen@compass.com

    P: (267)-282-1136

Property Details for 225 Race Street, Unit 400

Tax ID Number
888039120
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
4
Structure Type
Penthouse Unit/Flat/Apartment
Style
Contemporary, Loft
Levels/Stories
2
LISTING UPDATED: 12/04/2025 04:38 PM

Property Details for 225 Race Street, Unit 400

StatusPending
MLS #PAPH2536968
Days on Market75
Taxes$7,813 / year
HOA Fees-
Condo/Co-op Fees$619 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1860
CountyPhiladelphia County
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Virtual Tour

Building Information for 225 Race Street, Unit 400

Building/Complex225 Race StFloor-Stories2Residences-Pet PolicyAllowedPet Policy DetailsNo Pet RestrictionsYear Built1860

Payment Calculator

$5,223 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,953

Property Taxes

$651

HOA Dues

$619

The Payment Calculator is for illustrative purposes only.

Property Information for 225 Race Street, Unit 400

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19106 (19106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal
  • HOA Condo Coop Amenities: None
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $558,200
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $480,100
  • City Town Tax: $3,437
  • Land Assessed Value: $78,100
  • Clean Green Assessed: No
  • Land Use Code: 570
  • Zoning: RESIDENTIAL
  • Tax Lot: 804
  • School Tax: $4,375
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 0
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Office
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Foyer
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Laundry
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Office
  • Room Level: Main
  • Room Exists: Yes
Building Info
Green Info
  • Green Energy Efficient: Appliances, Construction, Fireplace/Wood Stove, Flooring, Home Energy Management, HVAC, Lighting
Building Info
  • Total Finished SQFT: 1,976.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 906158
Parking
Parking
  • Type Of Parking: Parking Garage
  • Parking Garage - # of Spaces: 1
  • Total Garage Spaces: 1
  • Number of Assigned Spaces: 1
  • Assigned Parking Space Number(s): 102
  • Parking Features: Assigned, Attendant, Heated, Lighted Parking
  • Garage Features: Covered Parking, Underground
Interior Features
Interior Features
  • 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
  • Fireplaces Count: 1
  • Fireplace Features: 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
  • Accessibility Features: Elevator
  • Security Features: Carbon Monoxide Detector(s), Fire Detection System, Intercom, Security System, Smoke Detector, Sprinkler System - Indoor
  • Door Features: ENERGY STAR Qualified Door(s), Insulated
  • Window Features: Atrium, Casement, Double Hung, Double Pane, Energy Efficient, ENERGY STAR Qualified, Insulated, Low-E, Palladian, Replacement, Screens, Skylights
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Roof Deck
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: 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
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service, Circuit Breakers

Property History for 225 Race Street, Unit 400

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Pending

BRIGHT #PAPH2536968

Nov 25, 2025

Active Under Contract

BRIGHT #PAPH2536968

Nov 5, 2025

Price Change

BRIGHT #PAPH2536968

$799,900
Sep 12, 2025

Listed (Active)

BRIGHT #PAPH2536968

$849,900
Dec 30, 2010

Withdrawn

BRIGHT #1009018438

$649,900
Mar 25, 2010

Listed (Active)

BRIGHT #1009018438

$749,000
Aug 19, 2009

Withdrawn

BRIGHT #1008761478

$874,900
Apr 30, 2009

Listed (Active)

BRIGHT #1008761478

$874,900
Apr 23, 2009

Withdrawn

BRIGHT #1000839827

$899,000
Aug 1, 2008

Listed (Active)

BRIGHT #1000839827

$949,000
Jul 28, 2008

Withdrawn

BRIGHT #1000524963

$800,000
Oct 11, 2007

Withdrawn

BRIGHT #1000580447

$949,900
Oct 3, 2007

Listed (Active)

BRIGHT #1000524963

$949,900
Oct 3, 2007

Listed (Active)

BRIGHT #1000580447

$949,900
Oct 30, 2006

Closed (Public Record)

Public Record #240361915

$930,000

-30.9% / yr

Oct 30, 2006

Closed

BRIGHT #PAPH168790

$930,000
Jul 14, 2006

Pending

BRIGHT #PAPH168790

Jan 3, 2006

Listed (Active)

BRIGHT #PAPH168790

$950,000
Jul 15, 2005

Closed (Public Record)

Public Record #239850683

$1,500,000
DateEvent & SourcePrice
11/25/2025

Pending

BRIGHT #PAPH2536968

11/25/2025

Active Under Contract

BRIGHT #PAPH2536968

11/05/2025

Price Change

BRIGHT #PAPH2536968

$799,900
09/12/2025

Listed (Active)

BRIGHT #PAPH2536968

$849,900
12/30/2010

Withdrawn

BRIGHT #1009018438

$649,900
03/25/2010

Listed (Active)

BRIGHT #1009018438

$749,000
08/19/2009

Withdrawn

BRIGHT #1008761478

$874,900
04/30/2009

Listed (Active)

BRIGHT #1008761478

$874,900
04/23/2009

Withdrawn

BRIGHT #1000839827

$899,000
08/01/2008

Listed (Active)

BRIGHT #1000839827

$949,000
07/28/2008

Withdrawn

BRIGHT #1000524963

$800,000
10/11/2007

Withdrawn

BRIGHT #1000580447

$949,900
10/03/2007

Listed (Active)

BRIGHT #1000524963

$949,900
10/03/2007

Listed (Active)

BRIGHT #1000580447

$949,900
10/30/2006

Closed (Public Record)

Public Record #240361915

$930,000

-30.9% / yr

10/30/2006

Closed

BRIGHT #PAPH168790

$930,000
07/14/2006

Pending

BRIGHT #PAPH168790

01/03/2006

Listed (Active)

BRIGHT #PAPH168790

$950,000
07/15/2005

Closed (Public Record)

Public Record #239850683

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 225 Race Street, Unit 400

Taxable ValueLand$78,100Additions$480,100Total$558,200
Tax Record2025$7,814 ($651 / month)
Home Facts
Beds2Total Finished SqFt1,976 SqFtAbove Grade Finished SqFt1,976 SqFtStories1Lot Size2,052 SqFtStyleCondominiumYear Built2007ZoningCMX3CountyPHILADELPHIAAPN88-8-0391-20

Schools near 225 Race Street, Unit 400

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Constitution High School
Public9 to 12

Bodine William W High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.