1335 11Th St NW Washington, DC $ 21,500,000
1335 11Th St NW
$ 21,500,000
Recently Listed New Construction
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1335 11Th St NW

Washington, DC, 20001
$ 21,500,000
Bedrooms42 Baths0.0

Monthly Estimate*

$ 150,184

1335 11Th St NW, Washington, DC 20001 - Image 1

Multi-Family Home for sale in Washington, DC

for $21,500,000 with 42 bedrooms. This home was built in 2024 on a lot size of 0.16.

EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.

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Multi-Family Active

Price

$ 21,500,000

Bedrooms

42

Property Type

Multi-Family

Taxes

$ 57,981

Style

Contemporary

Lot Size

0.16

Year Built

2024

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2139392

Features
General
Interior Features Combination Dining/Living Combination Kitchen/Dining Crown Moldings Dining Area Family Room Off Kitchen Floor Plan - Open Kitchen - Gourmet Sound System Wet/Dry Bar
Sewer Public Sewer
Heating Forced Air Central
Cooling Central A/C
Utilities Sewer Available Water Available Electric Available Natural Gas Available
Possession Settlement Negotiable
Appliances Built-In Microwave Built-In Range Dishwasher Disposal Dryer Freezer Icemaker Intercom Microwave Refrigerator Stove Surface Unit Washer Trash Compactor Water Heater
Zoning MU-4
Pool Y/N No Pool
Architectural Style Contemporary
Security Features Exterior Cameras Carbon Monoxide Detector(s) Fire Detection System Intercom Main Entrance Lock Security System Smoke Detector Sprinkler System - Indoor
Construction Materials Brick
Year Built 2024
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction Y
Property Type Multi-Family
Subdivision Name LOGAN CIRCLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions O St NW and 11 St NW. Adjacent to Nina May Restaurant
City WASHINGTON
Buyer Agent Compensation 3
Total Units 4
Lot Size Square Feet 7180.00
Waterfront Y/N N
Street Name 11TH ST
Tax Annual Amount 57981.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 12
Structure Type Interior Row/Townhouse
Price Per Sq Ft 723.1
Acceptable Financing Conventional Cash
Construction Completed Y/N N
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision Old City 2
Tax Lot 39
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Daylight Full Windows Walkout Stairs
Flooring Hardwood
Hot Water Electric
Total Stories 5
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
Number of Elevators 4
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Exterior
Parking Features Assigned
Water Source Public
Type of Parking Parking Lot
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Urban Land-Sassafras-Chillum
Land Assessed Value 2653440.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1335
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* Excluded Features
List By
Ttr Sotheby's International Realty

Broker

kimberly.casey@sothebysrealty.com

Email

Affordability Calculator

$155,016
Per Month
97%
3%
0%
Monthly Principal & Interest
$150,184
Monthly Property Taxes
$4,832
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$21,500,000 Listed Price

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1335 11Th St NW, Washington, DC, 20001 is a Multi-Family Home for sale at $21,500,000 with a lot size of 0.16. 1335 11Th St NW has 42 bedrooms, 0.0 baths, and was built in 2024. The property's zip code is 20001 which is in Washington, DC