$4.2M Penthouse atop Philly’s historic The Phoenix building hits the market

The Phoenix's crown jewel -- a bright, meticulously updated 3,752-square-foot penthouse -- has recently hit the market. And it's a showstopper!

Georgie Mihaila
5 Min Read
Photo credit: Ed Tully, HomeJab

In the heart of Philadelphia, across the street from City Hall, sits the towering Georgian Revival-style building known simply as The Phoenix.

Built in 1925 to serve as headquarters for the first insurance company in North America, the historic building (also holding a National Historic Landmark status) bears the signature of lauded local architects Stewardson & Page.

As such, it features intricate details that date back to that time, ranging from coffered ceilings to Kasota and Carrera marble floors and walls, ornate bronze paneled elevators, and elaborate mill and plaster work.

entrance to The Phoenix building in Philadelphia
Photo credit: Ed Tully, HomeJab

The Phoenix’s crown jewel — a sprawling, meticulously updated penthouse — has recently hit the market. And it’s a showstopper!

Listed for $4,200,000 with Louise Marzulli, affiliated with the Old City office of Coldwell Banker Realty in Greater Philadelphia, The Phoenix penthouse is one of the city’s most exclusive (and downright impressive) real estate offerings.

luxury penthouse with an open floor plan atop the phoenix building in philadelphia
Photo credit: Ed Tully, HomeJab

Clocking in at 3,752 square feet, the penthouse has 3 bedrooms, 3 bathrooms, and a bonus room that can be used as a den, nursery, or smaller bedroom.

SEE ALSO: Former ‘The Daily Show’ host Trevor Noah lists swanky New York penthouse for $12.95M

living room with TV, hanging chandelier, a white sofa and an accent wall
Photo credit: Ed Tully, HomeJab

The residence also features a massive great room with a custom built-in limestone fireplace, perfect for cozying up on chilly evenings and adding to the overall warmth and comfort of the space.

“The size of the penthouse is most impressive – the living space is very grand and open. It is unusual to have a condo unit with so much square footage and ample bedrooms, bathrooms and common rooms,” agent Louise Marzulli tells us.

dining area with fireplace and white dining chairs
Photo credit: Ed Tully, HomeJab

The kitchen doesn’t leave much to be desired either.

Touted as “a chef’s dream kitchen”, it features an island kitchen with quartz countertop, tile backsplash, wolf appliances, sub-zero refrigerator, wine refrigerator, and pantry for added storage. It also has its own outdoor space, one of several in the home.

MORE: Inside the Barbie Penthouse Where the Real Barbie and Ken Grew Up

modern dark wood kitchen with white marble counter and bar stools
Photo credit: Ed Tully, HomeJab

In fact, as agent Marzulli points out, “the outdoor spaces are generous and afford wonderful city views of iconic Philadelphia landmarks.”

balcony with views of Philadelphia landmarks
Photo credit: Ed Tully, HomeJab

Given its location, it comes as little surprise that the posh residence has seen its fair share of celebrities over the years.

SEE ALSO: Pete Davidson lives in a penthouse loft in Brooklyn, is no longer ‘The King of Staten Island’

“While we can’t divulge any past owners or celebrities who have used the property, it has been documented in the local news and national tabloids that the penthouse was used as a home base while actors were in the Greater Philadelphia area for film production,” says Marzulli in an exclusive comment for Fancy Pants Homes.

primary bedroom of a luxury apartment at The Phoenix building in Philadelphia
Photo credit: Ed Tully, HomeJab

“The penthouse has long appealed to celebrities for its central location and the building’s concierge services. The fact that you can leave the condo and get to anywhere in the world without going outside because of the building’s direct access to public transportation would also be appealing to someone who is looking for a private, exclusive residence.”

Speaking of the building’s concierge services, that’s merely one of the building’s many upscale amenities.

Residents of The Phoenix building enjoy an on-site fitness center, media center, conference room, restaurant, and stunning roof deck with beautiful views of the city. Not to mention all the perks that come with its highly desirable location.

Set across the street from City Hall and Love Park, this property is right at the core of the city, with easy access to all the museums, including The Barnes and Philadelphia Art Museum, and the best Philadelphia has to offer. Plus, it offers front row seats to the city’s infamous Mummers Parade — the oldest folk parade in the country held each New Year’s Day in Philadelphia.

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com