1335 11th St NW
Washington, DC 20001
- – beds
- – baths
- 34,807 sqft
- 7,180 sqft lot
- $617 per sqft
- 2024 build
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.
Listing courtesy of BRIGHT / TTR Sotheby's International Realty
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# DCDC2139392 —
The Building
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Year Built:2024
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Year Built Source:Estimated
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Year Major Reno/Remodel:2024
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New Construction:Yes
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Construction Completed:No
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Construction Materials:Brick
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Structure Type:Interior Row/Townhouse
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Architectural Style:Contemporary
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Historic:Yes
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Building Levels:5
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Building Units Total:1
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Elevators:4
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Security Features:Exterior Cameras, Carbon Monoxide Detector(s), Fire Detection System, Intercom, Main Entrance Lock, Security System, Smoke Detector, Sprinkler System - Indoor
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Daylight, Full, Windows, Walkout Stairs
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Total SqFt Source:Estimated
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Total Below Grade SqFt:5074
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Total Below Grade SqFt Source:Estimated
Interior
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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
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Flooring Type:Hardwood
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Fireplace:No
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Wall & Ceilings:9'+ Ceilings
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:34807
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Living Area SqFt:34,807 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Settlement, Negotiable
Location
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Directions:O St NW and 11 St NW. Adjacent to Nina May Restaurant
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Latitude:38.91040000
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Longitude:-77.01831000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.16
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Lot Size Source:Assessor
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Lot SqFt:7,180 Sqft
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Zoning:MU-4
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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Soil Types:Urban Land-Sassafras-Chillum
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 361-3228
- Office phone:
- (301) 967-3344
Taxes
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Tax ID Number:0339//0039
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Tax Year:2023
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Tax Lot:39
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Tax Annual Amount:$59,356
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Tax Assessed Value:$3,597,310
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Year Assessed:2023
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City/Town Tax:59356.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Central
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Heating Fuel:Electric
Utilities
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Utilities:Sewer Available, Water Available, Electric Available, Natural Gas Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Intercom, Microwave, Refrigerator, Stove, Surface Unit, Washer, Trash Compactor, Water Heater
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Logan Circle
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Pool:No Pool
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Association Recreation Fee:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Assigned
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Assigned Spaces Count:4
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Parking Lot - # of Spaces:4
Extra Units
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Vacation Rental:No
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One Bedroom Units:6
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Two Bedroom Units:12
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Three Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/24
May 1, 2024
|
Listed / Active | BRIGHT | $21,500,000 |