
$525,000
1722 Alter St, Philadelphia, PA 19146
Listed by Coldwell Banker Realty
NEW PRICE, EXCELLENT OPPORTUNITY! PARKING AT YOUR DOOR! Welcome to Pier 5 — Waterfront Living in the Heart of Philadelphia. Discover this spacious and light-filled two-bedroom, two-and-a-half-bath condominium at sought-after Pier 5 on the Delaware River in Penn’s Landing. This exceptional home offers a unique blend of tranquility and city excitement, featuring bright, open living spaces accented by a warm fireplace and timeless neutral tones throughout. Enjoy cooking and entertaining in the recently updated kitchen, thoughtfully designed with modern finishes and ample storage. Each of the two generous bedrooms offer new carpeting and include their own own en suite baths, providing privacy and comfort for residents and guests alike. Step outside onto your private deck overlooking the river and marina — the perfect spot to relax and take in the views. Convenience is key, with your dedicated garage parking space located adjacent to your private lower-level entry. A utility area next to the garage makes loading and unloading groceries a breeze, and the convenient ground-level laundry room adds to the home’s effortless livability. Residents at Pier 5 also benefit from impressive building-wide upgrades currently underway, including large-scale renovations to the interior common spaces of the Pier, and the re-creation and re-installation of the Pier’s iconic and stunning atrium garden. Once completed, this lush green oasis will offer residents a peaceful retreat just steps from their front door — a perfect complement to the waterfront setting. The seller will be paying the full cost of the assessment to pay for these building renovations, approximately $70K, at closing. In addition, the building features a beautifully maintained riverfront common terrace that spans the entire Delaware River side of the property — an ideal gathering place for morning coffee, sunset cocktails, or entertaining guests. This spectacular space offers sweeping views of the water and the iconic Benjamin Franklin Bridge, creating a one-of-a-kind backdrop for daily living. Step outside your door and enjoy all that vibrant Penn’s Landing has to offer: riverside parks, seasonal events, waterfront trails, Spruce Street Harbor Park, Blue Cross RiverRink, and a wide variety of restaurants, cafes, and entertainment options. You’re just minutes from historic Old City, lively South Street, and the best of Philadelphia’s shopping, dining, and cultural attractions. Commuting is effortless with quick access to I-95, I-676, major bridges, and public transportation, connecting you seamlessly to Center City and beyond. Please note that the interior common spaces of the Pier are currently undergoing significant renovation. Images of the gardens were taken prior to the start of the renovations. Don’t miss this opportunity to enjoy the best of waterfront living with the comfort, convenience, and excitement of city life at your doorstep. Schedule your private tour today and experience Pier 5 for yourself!
| Date | Event | Price |
|---|---|---|
| Jul 1, 2025 | Listed for sale | $495,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$502,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, and this home's own April 2025 sale grown with the local market, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 207 DELANCEY ST, PHILADELPHIA, PA 19106 | May 2026 | $1,085,000 | 3/2 | 2,155 | $1,293,639 |
| 318 S AMERICAN ST, PHILADELPHIA, PA 19106 | June 2026 | $1,636,000 | 3/2 | 2,211 | $2,290,400 |
| 711 LOMBARD ST, PHILADELPHIA, PA 19147 | June 2026 | $804,500 | 3/2 | 2,165 | $801,300 |
| 1606 N 4TH ST, PHILADELPHIA, PA 19122 | May 2026 | $465,000 | 2/2 | 2,000 | $556,498 |
| 1634 S 23RD ST, PHILADELPHIA, PA 19145 | June 2026 | $361,000 | 3/2 | 2,200 | $458,987 |
| 1033 N LEITHGOW ST, PHILADELPHIA, PA 19123 | May 2026 | $685,000 | 3/2 | 2,200 | $856,933 |
| Date | Event | Price |
|---|---|---|
| April 2025 | Sold | $410,000 |
| December 2024 | Sold | $450,000 |
| December 2024 | Sold | $550,000 |
| November 2024 | Sold | $327,000 |
From closed MLS and county deed records. Earlier transactions may exist.
Recorded property taxes: $6,206 (2024 bill as recorded in the MLS).
Loan term
Estimated monthly payment
$3,146/mo
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.
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 →
FBI and Pennsylvania source data, presented without spin.
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: July 8, 2026 at 2:46 PM EDT
Our concierge desk does a 1-on-1 needs analysis with you, then hand-picks a vetted Philadelphia agent or lender, not whoever paid for your ZIP. Free, no obligation. If you work with a partner we introduce, NookLocal may earn a referral fee from their broker.