Would You Rather Buy or Rent This Penthouse Loft in Old City?

Buying for $849,900 VS. Renting for 4,000/month.

Photo via Google Street View.

Photo via Google Street View.

You see that towering Art Deco structure standing there on the corner of Church and North 3rd? That’s the Daniel Building, a mixed-use space in one of Philadelphia’s most popular neighborhoods.

Lucky for us, one of its units will become available January 1st and offers potential occupants the option of buying or renting the spacious live/work home, which the listing describes as a “New York-style”  penthouse loft.

The home has an open layout, high ceilings and industrial windows that go over 140 linear feet. Original hardwood floors are throughout the home, which has a kitchen with Viking range, Liebherr refrigerator, and a stainless steel prep table. A laundry closet is also on the premises and the unit comes with rights for a roof deck, which must first be approved by the condo association.

Available garage parking is in the back of the property.

Beds: 2
Baths: 2
Square feet: 2,064
Price: $849,900
Rent: $4,000/month

Listing: 20 N 3rd St, Unit #701,Philadelphia, PA 19106 [MG Real Estate Group]