For Sale/Rent

On the Market: Bi-Level Condo in Old City

Is this or isn't this a loft? It has the industrial windows, true, but it has the style and sophistication that takes it to the next level up.


condo for sale old city bi-level living room

115 Arch St. #201, Philadelphia, Pa. 19106 | Renderings: Astoban Invesments via Astoban Realty Group

Say the phrases “loft condominium” or “loft apartment” and a certain aesthetic comes to mind, one that probably resembles the apartment those “Friends” lived in.

It has big industrial-style windows, exposed brick walls and ductwork, maybe even exposed beam ceilings, depending on when the factory housing it was built. What it probably doesn’t have is an actual loft space above the main floor.

condo for sale old city bi-level exterior front

Front elevation

This unit in the new condominium at 113-15 Arch Street in Old City has those big industrial-style windows. And this one does have that actual loft space. But there the similarity with “Friends” ends.

The two factories that comprise this development were built in the mid-19th century. As we reported when the development was announced back in September, the one containing this bi-level condo for sale (the building at right in the photo at left) got a facelift in the early 20th century.

Its second and third floors have been combined into one spacious, ultra-modern apartment. As this unit is still under construction, what you see here are renderings of the type of spaces you will find in every one of this building’s six units.

Save for the living-room rendering above. That soaring space is unique to this condo. Because it faces south, you will get plenty of sunlight pouring through those large industrial windows.

What it shares with its five building-mates are:

old city bi-level kitchen

Kitchen

Open-plan main living/dining areas attached to sleek Italian kitchens designed by Record è Cucine and equipped with Wolf, Sub-Zero and Asko appliances.

old city bi-level bedroom

Bedroom

Bedrooms with closets designed by Pianca.

old city bi-level master bathroom

Master bathroom

Bathrooms from IDEA Design Group, with a radiant-heat floor in the master-suite bath.

And wide-plank hardwood floors in all the other rooms in the unit.

All the units in this development also come with Old City’s eclectic mix of shops, art galleries, restaurants, theaters and history right outside your door.

As of now, architect/developer Astoban Investments informs us that one-third of the units have been sold; marketer Astoban Realty Group is putting them on the market in stages. This unit is one of three bi-level units in this development, and it’s the only one with a stunning two-story-high living room with loft overlook. It’s also the second-biggest and the only four-bedroom unit in the development. If you have a large family or like to host overnight guests, this represents your best opportunity to house them in high style in Old City.

THE FINE PRINT

BEDS: 4

BATHS: 4 full, 1 half

SQUARE FEET: 3,631

SALE PRICE: $2,250,000

OTHER STUFF: This unit also comes with a deeded indoor parking space accessed through the rear of the building.

115 Arch St. #201, Philadelphia, Pa. 19106 [Brett Caspi | Astoban Realty Group]

Updated Jan. 16, 2020, 11:08 a.m., to correct facts about the unit’s location and bathrooms and correctly identify the developer.