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December 14, 2016

Luxury penthouse goes for $11 million at Two Liberty Place

Real Estate Penthouse
121416_LuxpentLiberty Source/Residences at Two Liberty Place

View from penthouse at Residences at Two Liberty Place in Center City, Philadelphia.

How much money would you spend, assuming you had it, to live 57 floors above Philadelphia?

For a read on the city's top-tier luxury condominium market, look no further than the $10.9 million pricetag for a 7,000-square-foot penthouse on the penultimate floor of Center City's Two Liberty Place.

The sale to an undisclosed buyer, reported by the Philadelphia Business Journal, was handled by Dranoff Properties on behalf of owner iStar Financial Inc. The property had been on the market for about a year and is one of 14 luxury residences on floors 54-57. 

Two Liberty Place has been an iconic Philadelphia skyscraper for nearly 27 years.

The sale of the penthouse comes about six months after an unknown buyer purchased a yet-to-be-completed, two-story penthouse at 500 Walnut for $17.85 million, marking the most expensive residential real estate sale in Philadelphia history.

The video below gives a look at the interior of the condos at the Residences at Two Liberty Place (h/t Philly Curbed).