Murano Condominiums

2101 Market Street [Google Maps]

You know it when you see it! The towering Murano condominiums at 2101 Market St, in the 19103 zip code, tower a whopping 42 stories tall. Built from the ground up around 2006-2007 and known for offering spectacular views, the Murano offers one, two, and three bedroom condominiums with a maximum of seven units per floor. A 6th-floor swimming pool along with inside and outside common deck areas are a nice addition. ALL units have parking, a 24-hour concierge, and most units have balconies. The Murano Condominiums are a great option for Center City condominium living! A small storage space is also included in every sale if my memory serves me correctly.

What Most People Don't Know About 2101 Market Street Condominiums

• 1) The Murano condos have two palates from which to choose. The variations are minimal and most buyers I bring to the Murano don't either know or see a difference in the "light" or "dark" palates.
• 2) The building had a rough start selling- and the sales staff were a bunch of a-holes (in my opinion) which certainly didn't help bring in the Realtors OR their buyers.
• 3) Almost ALL my buyers used to say (back in like 2007) that the location was a bit isolating. NONE of my buyers say that today as the connectivity to Rittenhouse Sq. has improved greatly with "in-fill" between the two.
• 4) Today, the condominiums at 2101 Market St. remain much in demand and units generally don't sit for long.

Quick Sales Stats

• 2018: 21 Sales - Top price $985,000
• 2017: 36 Sales - Top price $1,550,000
• 2016: 16 Sales - Top price $1,600,000
• 2015: 26 Sales - Top price $1,670,000

Condo Fees Include:

• Pool, Gym, Heat, Central A/C, Water & Sewer, Building Electric, Management Fee, Building Maintenance, Master Insurance Policy, common area lighting, trash removal, hot water.

The Murano Condos at 2101 Market St. - My Experience and Two Cents

Back in like 2005 when the Murano was announced- sales started off with a bang, then slowly faded as the market here in Philadelphia tanked. Then the Murano owner/developer decided to have an auction to help gain some traction with sales- and sold like 40 units in one day. I sold 4 of those units that day. Prices fell 20% from the original sale prices that day and a new pricing structure was set. No appraiser or buyer was going to value the condos at the original prices.

The Murano Condos in Philadelphia really have some stunning curb appeal.

The Murano is probably one of the most striking modern condo buildings in Philadelphia and is a wonderful addition to our skyline. Some units include parking and an additional storage space. One of the largest and nicest amenities floor in town- 6th floor has a pool, large gym, conference area and outdoor deck- really smashing. The "02" and "03" units are really groovy in the fact that they have a large curved glass living room..with mostly floor to ceiling windows. Views are lovely and common areas are always clean and well kept. A number of my buyers have commented on the lack of closet space in some of the smaller two bed condos. Almost all the condominiums here have outside space- a small balcony. Very high floors at the Murano house large penthouse condos which truly have some of the best views in town. Proximity to U of Penn and 30th street station is a huge plus at the Murano. Trader Joe's is about 50 feet outside the front door of the 2101 Market Street, and the condos sit about 4 blocks off Rittenhouse Square. Today, the resale condos at the Murano perform very well and sell fairly quickly once they hit the market.

Additional Information:

• Built in 2008
• 302 Total Condos
• Heat: Forced Air, Common
• Unit Sizes: 743-2626 sq. ft.
• On-Site Management

Five Fast Facts about The Murano Condos:

• 1) In 2009 an auction of 40+/- units here reset the pricing structure, and the building has since sold well
• 2) Probably one of the best in-house /on-site gyms in a Philadelphia high rise
• 3) Built with two options for interior palates- simply, a "light" one, and a "darker" one
• 4) Values originally heavily dependent upon floor height (in my opinion)
• 5) Commercial space on first floor now a financial institution/bank

To Schedule a Showing at The Murano call 215-521-1523 or email Mark.

Amenities

Parking Available	Pet Friendly Building	Doorman
Indoor Pool	On-Site Gym

Floor Plans

1 Bedroom 1 Bathroom	Murano 1 Bedroom 1.5 Bathroom Layout 1	Murano 1 Bedroom 1.5 Bathroom Layout 2
Murano 2 Bedroom 2 Bathroom Layout 1	Murano 2 Bedroom 2 Bathroom Layout 2	2 Bedroom 2 Bathroom Layout 3	2 Bedroom 2.5 Bathroom
3 Bedroom 3 Bathroom	3 Bedroom 3.5 Bathroom

Click on Floor Plan for a larger view!

Related Links

Click here to listen to Mark's podcast about The Murano Auction.
Click here to read a blog about 2101 Market Street.