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You Can Buy These Manayunk Condos—With Bitcoins


Got some spare Bitcoins floating around in the stratosphere? We know where they could be put to good use: The Falcon Condomiums in Manayunk. Real estate agent Susanna Kunkel says her four condo listings are accepting Bitcoins as a form of payment, a first for Philly's real estate. In a Philadelphia Inquirer article, Kunkel explained that she's trying to attract tech-savvy buyers, particularly those who work on what's been dubbed as "Nerd Street" on North Third Street in Old City. The condos are asking for 795 bitcoin—or, in normal currency speak, about $365,000 to $385,000. But the tricky thing is that the virtual currency is finicky—the bitcoin to dollar rate fluctuates a lot, which means you could be paying much more in US dollars if you don't buy with bitcoin at the right time, the Inky reported. Still intrigued? Here's exactly what this virtual currency will buy you: a 3-bed, 2.5-bath tri-level condo that features granite countertops in the kitchen, a large master bedroom with a massive walk-in closet, two decks, and a parking space. There's an open house on January 31 for 1 to 3 pm.

·3836 Terrace St., #7 [Redfin]
·Philadelphia's First Bitcoin Condo Offering [PR]
·Actual condo, virtual price—buying via bitcoin [PI]