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For salePrice cut: $55K (8/14)
$1,595,000
3beds
3,068sqft

421 Chestnut St APT 401, Philadelphia, PA 19106

3beds
3,068sqft
Condominium
Built in 1900
1 Parking space
$520 price/sqft
$2,225/mo HOA

What's special

Detailed fireplace mantelClassically sculptured bustsStately facadePrivate lobbyWolf dual-fuel rangeMiele dishwasherPaneled sub-zero refrigerator

Grand in scale and extraordinary in detail, Unit #401 in the historic Bank Building pairs old world craftsmanship, modern updates, stunning architecture, and front-row views of Philadelphia history in a truly exceptional residence. This single-level condo offers 3 bedrooms, 2.5 bathrooms, and an open, airy layout thoughtfully divided among three distinct wings. Constructed in 1859 along what was once Bankers Row, The Bank Building makes a commanding impression with its stately facade, arched windows, intricate stonework, and distinctive cast-iron entrance. A private lobby and attentive doorman welcome the building’s few residents, while an elevator carries you right to #401’s towering French doors. Stepping inside the foyer, you’re immediately captivated by the magnificent center gallery, where Carrara and Bardiglio marble flooring, marble-trimmed arches, classically sculptured busts, elaborate moldings, and a gold-leaf-adorned coffered Venetian plaster ceiling set an unforgettable tone. At the far end, a striking nook framing a south-facing window creates an idyllic spot for a writing desk and a daily connection to the historic surroundings. Multiple sets of double doors open to the separate wings, including two pairs that lead to the breathtaking, sunlit main living space. Here, soaring ceilings and Versailles-pattern oak flooring enhance an impressive open layout with abundant room for relaxing, formal dining, and entertaining on a grand scale. Ornate millwork, elegant chandeliers, picture molding, and a detailed fireplace mantel add to the room’s character, while oversized arched windows showcase lush treetops and views of the Second Bank of the United States. Sure to inspire plenty of home-cooked meals, the Joanne Hudson-designed chef’s kitchen is fitted with bespoke cabinetry, a paneled Sub-Zero refrigerator, a Wolf dual-fuel range, a Miele dishwasher, a distinctive tile backsplash, and a center island with a solid walnut top and seating. A pantry, powder room, and laundry cabinet are conveniently tucked just off the kitchen. Back through the center gallery, the bright, hotel-like primary suite boasts a sitting area, a walk-in closet, and a luxurious ensuite bathroom with dual vanities, a soaking tub, and a large glass-enclosed, multi-jet shower. Completing the home is a final wing with two additional bedrooms and a full hall bathroom. Residents of The Bank Building enjoy access the adjoining Renaissance Hotel, for possible valet parking. Outside the front door, the setting is just as special. Independence Mall and the historic streets of Old City surround the property, while sprawling Washington Square Park, top restaurants, friendly cafes, lively entertainment, and local shops are all steps away. Penn’s Landing and Center City are also close by, with easy access to I-95 and South Jersey. Rare in its combination of scale, craftsmanship, and setting, 421 Chestnut St #401 offers the chance to live among the landmarks that define Philadelphia in a residence every bit as memorable as the history outside its windows. Schedule your tour today! Owner pays electric bill.

53 days
|
1,454
|
129
|

Likely to sell faster than

Source: Bright MLS,MLS#: PAPH2658318MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Dining Room

Bedroom

Bedroom

Primary Bathroom

Zillow last checked:

Listing updated:

Listed by:

Michael McCann 215-709-4141,

KW Empower 215-627-3500,

Listing Team: The Mike Mccann Team, Co-Listing Agent: Andrew Pulini 215-805-7035,

KW Empower

Source: Bright MLS,MLS#: PAPH2658318MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3
Basement
  • Area: 0
Heating
  • Forced Air, Other
Cooling
  • Central Air, Electric
Appliances
  • Included: Water Heater
  • Laundry: Has Laundry, In Unit
Features
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 3,068
  • Total interior livable area: 3,068 sqft
  • Finished area above ground: 3,068
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 1
  • Parking features: Prepaid, Parking Lot
Accessibility
  • Accessibility features: Accessible Elevator Installed
Features
  • Levels: One
  • Stories: 1
  • Pool features: None
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 888037692
  • Zoning: CMX4
  • Special conditions: Standard

Construction

Type & style
  • Home type: Condo
  • Property subtype: Condominium
  • Attached to another structure: Yes
Materials
  • Masonry
Condition
  • New construction: No
  • Year built: 1900
  • Major remodel year: 2016

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Condo and coop fee: $2,225 monthly
  • Subdivision: Old City
HOA
  • Has HOA: No
  • Amenities included: Elevator(s), Fitness Center, Concierge
  • Services included: Common Area Maintenance, Maintenance Structure, Management, Reserve Funds, Gas, Snow Removal, Trash, Water
Location
  • Region: Philadelphia
  • Municipality: PHILADELPHIA

Financial & listing details

  • Price per square foot: $520/sqft
  • Tax assessed value: $1,542,100
  • Annual tax amount: $21,586
  • Date on market: 8/14/2026
  • Listing agreement: Exclusive Right To Sell
  • Inclusions: 1 Year Pre-paid Parking
  • Ownership: Condominium

Price history

DateEventPrice
8/14/2026Price change$1,595,000-3.3%$520/sqft
Source: Bright MLS #PAPH2658318
6/17/2026Listed for sale$1,650,000$538/sqft
Source: Bright MLS #PAPH2571862
5/26/2026Pending sale$1,650,000$538/sqft
Source: Bright MLS #PAPH2571862
1/6/2026Listed for sale$1,650,000-8.1%$538/sqft
Source: Bright MLS #PAPH2571862
11/25/2025Listing removed$11,000$4/sqft
Source: Bright MLS #PAPH2542390
9/29/2025Listed for rent$11,000+15.8%$4/sqft
Source: Bright MLS #PAPH2542390
12/2/2024Listed for sale$1,795,000$585/sqft
Source: Bright MLS #PAPH2424564
11/21/2024Listing removed$1,795,000$585/sqft
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH2358808
6/1/2024Listing removed--
Source: Zillow Rentals
5/25/2024Listed for sale$1,795,000$585/sqft
Source: Bright MLS #PAPH2358808
5/5/2024Listing removed$1,795,000$585/sqft
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH2225858
4/19/2024Price change$1,795,000-2.7%$585/sqft
Source: Bright MLS #PAPH2225858
4/1/2024Listed for sale$1,845,000-7.5%$601/sqft
Source: Bright MLS #PAPH2225858
12/14/2023Listed for rent$9,500$3/sqft
Source: Zillow Rentals
9/16/2023Price change$1,995,000-4.8%$650/sqft
Source: Bright MLS #PAPH2225858
5/3/2023Listed for sale$2,095,000-4.7%$683/sqft
Source: Bright MLS #PAPH2225858
4/13/2023Listing removed$2,199,000$717/sqft
Source: Bright MLS #PAPH2175116
11/1/2022Listed for sale$2,199,000+2035%$717/sqft
Source: Bright MLS #PAPH2175116
3/31/2014Sold$103,000-92%$34/sqft
Source: Public Record
7/29/2006Sold$1,288,560$420/sqft
Source: Public Record
5/1/2006Sold$1,288,560$420/sqft
Source: Agent Provided

Public tax history

YearProperty taxesTax assessment
2025$19,555 +124.2%$1,397,000 +13%
2024$8,723 $1,236,300
2023$8,723 +11.2%$1,236,300
2022$7,847 --
2021$7,847 -47.7%--
2018$14,992 +98.7%--
2017$7,546 +2885.7%--
2016$253 -98.2%--
2015$13,931 --
2014$13,931 +25.5%$828,300 +837.5%
2012$11,099 $88,352
2011-- $88,352 +84.1%
2010-- $48,000
2009-- $48,000
2008-- $48,000
2007-- $48,000
2006-- $48,000

Find assessor info on the county website

Monthly payment

Est. payment
$11,699/mo
Principal & interest
$8225
HOA Fees
$2225
Property taxes
$1249
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Estimated market value

$1,505,100

$1.43M - $1.58M

$6,744/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Old City

Nearby schools

McCall Gen George A School
Grades K-8 • 0.4 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
9/10
Franklin Benjamin High School
Grades 9-12 • 1.2 miles
2/10
GreatSchools® Rating
Test Score Rating
1/10
College Readiness Rating
1/10
Student Progress Rating
3/10