Philadelphia’s first condominiums available for purchase in bitcoin will have their first open house today in the city’s historic Manayunk district. Susanna Kunkel, a veteran Philadelphia realtor, arranged the bitcoin offering as a way to entice tech-savvy, entrepreneurial-oriented buyers who are an important customer for modern urban condominiums.
The four condos from Falcon Condominiums range in size from 2,024 to 2,293 square feet of interior space. The initial asking price for each is 795 bitcoin.
Manayunk, a National Historic District, is a commercial neighborhood teaming with renovated Victorian storefronts located 15 minutes from Center City Philadelphia, King of Prussia, Chestnut Hill, and The Main Line.
Charting New Waters
“I’m really charting new water here,” Kunkel told CCN. “I just don’t think that (bitcoin) has been offered to our technology community as an option. Philadelphia has a growing presence of creative startup companies. As a realtor, I need to be in touch with our different communities and the trends.”
The condos, newly-constructed on the site of a former Polish social