The Velocity Condominiums - 1025 1st Street SE Unit 415
Washington, DC 20003
- 2 beds
- 2 baths
- 1,062 sqft
- $677 per sqft
- 2009 build
This highly sought-after corner unit at The Velocity is a must-see for anyone looking for a luxurious and convenient lifestyle. With over 1,000 square feet of living space, this condo boasts an open floor plan with hardwood floors, stainless steel appliances, granite countertops, and floor-to-ceiling windows that offer stunning city views. The spacious living and dining area is perfect for entertaining guests or relaxing at home. The kitchen is a chef's dream, with plenty of counter space and a breakfast bar. The primary bedroom features a large bathroom with a spacious shower and dual customized closets. The second bedroom is also generously sized and has a spacious closet and full-sized window. This condo also comes with a number of desirable features, including off-street parking, an extra storage unit, and a 24-hour concierge desk. The Velocity also offers residents a variety of resort-style amenities, such as a rooftop deck with a swimming pool, grills, a state-of-the-art fitness center, a community room, and a courtyard. Located in the heart of Navy Yard, this condo is within walking distance to Whole Foods, Harris Teeter, Metro, Nats Park, and countless shopping and dining options. This is the perfect opportunity to live luxury in one of DC's most vibrant neighborhoods. Additional Features: 2 bedrooms, 2 bathrooms Over 1,000 square feet of living space Open floor plan Hardwood floors Stainless steel appliances Granite countertops Floor-to-ceiling windows City views Off-street parking Extra storage unit 24-hour concierge desk Rooftop deck with swimming pool Grills State-of-the-art fitness center Community room Courtyard Pet-friendly building This condo is being sold as-is. For investors: the building is at the rental cap of 30%. The purchaser of unit 415 must be owner occupied for a minimum of 6 months, and the unit owner must request to add the unit to the lease waitlist. Approximate wait time to lease this unit is 6-12 months. Wait times cannot be guaranteed.
Listing courtesy of BRIGHT / Simply Management
Last checked:
Checking…
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Last updated Nov 23, 2024
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MLS# DCDC2169918 —
The Building
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Year Built:2009
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick, Concrete
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Contemporary
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Historic:No
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Unit Building Type:Hi-Rise 9+ Floors
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Levels:1
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Building Name:The Velocity Condominiums
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Entry Floor Number:4
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Security Features:Desk in Lobby
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Accessibility Features:None
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Basement:No
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Unit Number:415
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1062
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1062
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1062
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Living Area SqFt:1,062 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:The Velocity Condominiums
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Latitude:38.87819000
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Longitude:-77.00605000
The Property
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Property Type:Residential
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Zoning:D-5
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Horse:No
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Water View:No
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Soil Types:Unknown
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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) 742-8555
- Office phone:
- (202) 742-8555
Taxes
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Tax ID Number:0699/N/2040
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Tax Year:2023
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Tax Lot:2040
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Tax Annual Amount:$5,556
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Tax Assessed Value:$677,660
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Year Assessed:2024
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City/Town Tax:5556.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
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:Central
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
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Laundry Type:Washer In Unit, Dryer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
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:Navy Yard
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Senior Community:No
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Pool:Yes - Community
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Pool - Rooftop, Recreational Center
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Condo/Coop Fee:$699
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Lawn Maintenance, Management, Pest Control, Pool(s), Reserve Funds, Snow Removal, Trash
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Municipal Trash:Yes
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Condo/Coop Name:The Velocity Condominiums
Parking
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Total Garage and Parking Spaces:1
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Garage:Yes
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Garage Features:Garage - Side Entry, Garage Door Opener
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Garage Spaces:1.00
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Type of Parking:Attached Garage
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Parking Features:Assigned
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Assigned Spaces Count:1
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# of Attached Garage Spaces:1
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$720,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,855
|
Taxes | $463 |
Insurance | $198 |
HOA fees | $699 |
Utilities | $115 See report |
Total | $5,330/mo.* |
*This is an estimate |
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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11/23/24
Nov 23, 2024
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Listed / Active | BRIGHT | $720,000 |