Have you ever walked through Rittenhouse Square or Society Hill in Philadelphia and gazed up at the ritzy apartments, wondering what it would take to live the high life in one of these stunning buildings? What would your world be like gazing down on Center City Philadelphia from high above?

We dug through all the Philly data on Apartment Guide and Rent.com in October 2018 to sleuth out the most expensive apartment in Philadelphia – and boy is it a doozy. Located in the Fairmount/Spring Garden neighborhood is a 3-bed/3.5-bath, 2,362-square-foot 19th-floor penthouse at the Park Towne Place Premier Apartments. And it can be yours for the bargain basement price of $25,994 per month.

It’s all about location

Park Towne Place Premiere Apartments Penthouse View

Image courtesy of https://www.rent.com/pennsylvania/philadelphia-apartments/park-towne-place-premier-apartment-homes-4-100051136

You would expect the most expensive apartments in Philadelphia to sit in Old City or high up over the bustle of Broad Street. But for your money, you get a little more peace, quiet and trees (and a lot fewer neighbors) at Park Towne Place over in the Museum District, in a green space nestled between the Ben Franklin Parkway and the Schuylkill River. The wondrous, park-side location of this penthouse is a big part of that hefty price tag.

Park Towne sits just steps from some of the best Philly has to offer, with Eakins Oval and the Rodin Museum across the street and the Philadelphia Museum of Art and its “Rocky” steps only a block south.

Just out the back of the apartment building, you’ll find the Vine Street entrance to the Schuylkill River Trail, perfect for running, biking and dog-walking. And you’re less than 10 minutes away by Uber from both Center City for nightlife and 30th Street Station for a quick pop out of town.

Amenities inside and out

Park Towne Place Premiere Apartments Theater Room

Image courtesy of https://www.rent.com/pennsylvania/philadelphia-apartments/park-towne-place-premier-apartment-homes-4-100051136

So what do you get for roughly $26,000 a month? The answer – a lot.

Inside the penthouse, you’ll discover an upgraded modern kitchen with quartz countertops and a built-in wine fridge, hardwood flooring throughout and limestone tile in both bathrooms, walk-in closets with custom built-ins, glass-front cabinets and a wood-burning fireplace surrounded by granite accents. Both the south and west-facing sides are covered in wall-to-wall windows with views of University City, the Art Museum and Fairmount Park and a glass-protected balcony with stunning vistas over the Schuylkill.

The complex has an amazing pool that overlooks Center City complete with lap lanes and underwater speakers, private poolside cabanas that feature 42-inch flat screens, refrigerators and a lounge bar with fire pit seating.

A 4,000-square-foot “TechnoGym” fitness center, spin and yoga studio and boxing gym are also available to residents, as are three dog parks, a private club called Oar Pub, with pool tables and a demonstration kitchen, a movie theater room and an art studio. There’s also an onsite market and café, a salon/spa and a concierge who is available 24 hours a day.

That’s a lot of cheese

But what does it take to live here? Money, money and money. Experts in such things suggest spending no more than a third of your pre-tax income on your living space, which means to move on up to this deluxe apartment in the sky you should be pulling down just under a million a year. Good work if you can get it. Just the deposit fee of $3,000 is roughly twice the average monthly rent for a one-bedroom apartment in Philly.

$25,994 will also buy you 3,150 cheesesteaks from Geno's; 2,609 Rocky Blu-rays on Amazon; An entire row of lower level Eagles seats for a full season; A private wedding for 100 guests at the Franklin Institute; A year of rent for the average Philly apartment

If your wallet is a little smaller

We can’t all be executives at Comcast or long relievers for the Phillies, so we’re probably not throwing around $300k a year for an apartment. The good news is there are plenty of luxury addresses around Philly that might be slightly more affordable.

The rent information included in this article is based on October 2018 rental property inventory on ApartmentGuide.com and rent.com and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing or availability guarantee for any apartment.
Header image courtesy of https://www.rent.com/pennsylvania/philadelphia-apartments/park-towne-place-premier-apartment-homes-4-100051136

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