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Listing description

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.

Facts & features

Interior

Bedrooms
3
Bathrooms
2 full · 1 half
Living area
3,068 sq ft
Heating
Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Unit/Flat/Apartment
Architectural style
Unit/Flat
Year built
1900

Financial

Price / sq ft
$520
HOA dues
None

Listing details

MLS #
PAPH2658318
County
Philadelphia County
School district
The School District Of Philadelphia
Days on NookLocal
33 days

Interior features

Laundry
Has Laundry
Levels
1
Accessibility
Elevator

Exterior & construction

Construction
Masonry

Systems & utilities

Heating fuel
Other
Cooling fuel
Electric
Hot water
Other
Water source
Public
Sewer
Public Sewer

Parking

Parking
Parking Lot
Parking features
Prepaid
Total spaces
1

Community

Subdivision
OLD CITY
HOA amenities
Elevator, Fitness Center, Concierge
HOA includes
Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Gas, Snow Removal, Trash, Water

Lot & zoning

Lot dimensions
0.00 x 0.00
Zoning
CMX4

Included in the sale

Inclusions
1 year pre-paid parking
Possession
Settlement

Price history

DateEventPrice
Aug 14, 2026Listed for sale$1,595,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

This address was previously listed January 2026 and taken off the market without selling. A new listing restarts the days-on-market clock.

The NookLocal estimate

Estimated value

$1,433,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, and this home's own April 2026 sale grown with the local market, weighted toward the current asking price.

Last sold
April 2026 for $980,000
About $980,000 in today's market
Current list price
$1,595,000
County assessment implies
$1,634,619

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
1414 S PENN SQ #26CDE, PHILADELPHIA, PA 19102May 2026$1,600,0003/33,080$1,102,075
143 S 2ND ST #605, PHILADELPHIA, PA 19106May 2026$975,0003/22,152$1,096,599
301 S BROAD #2203, PHILADELPHIA, PA 19107August 2026$2,495,0003/32,649$1,809,782
130 S 18TH ST #2801, PHILADELPHIA, PA 19103June 2026$2,475,0003/22,560$2,106,900
20 LETITIA STREET #3B, PHILADELPHIA, PA 19106June 2026$700,0002/22,176$789,765
211-25 S 4TH ST #301, PHILADELPHIA, PA 19106April 2026$953,5002/21,692$1,323,715

Sale history

DateEventPrice
April 2026Sold$980,000
April 2022Sold$725,000
April 2022Sold$860,000
March 2022Sold$1,525,000
October 2020Sold$225,000
May 2019Sold$690,000
August 2017Sold$250,000
November 2016Sold$625,000
April 2015Sold$235,000
May 2014Sold$899,000
March 2014Sold$987,500

From closed MLS and county deed records. Earlier transactions may exist.

Estimated taxes

Recorded property taxes: $21,586 (2026 bill as recorded in the MLS).

Estimated monthly payment calculator

$319,000 (20%)
6.43%

Loan term

Estimated monthly payment

$10,271/mo

Principal & interest
$8,007
Property taxes
$1,799
Home insurance (est.)
$465

Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

The School District Of Philadelphia

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Philadelphia County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Philadelphia County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: September 16, 2026 at 2:21 AM EDT

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