1335 11th Street Northwest

Washington, DC 20001

$21,500,000
Price
Beds
34,807 Sq. Ft.
$618 / Sq. Ft.
34,807
Sq. Ft.
$618
per Sq. Ft.

Description

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...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.

Property Details for 1335 11th Street Northwest

Tax ID Number
0339//0039
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
LOGAN CIRCLE
Subdivision
LOGAN CIRCLE (WASHINGTON DC)

Location

Listing Courtesy of TTR Sotheby's International Realty
Add your commute
LISTING UPDATED: 05/01/2024 12:15 PM

Property Details for 1335 11th Street Northwest

StatusActive
MLS #DCDC2139392
Days on Market19
Taxes$57,981 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2024
Lot Size0.16 AC / 7,180 SF
CountyDistrict of Columbia

Location

Listing Courtesy of TTR Sotheby's International Realty
Add your commute

Building Information for 1335 11th Street Northwest

Stories-Residences4Year Built2024Building Size-Lot Size0.16 AC / 7,180 SF

Payment Calculator

$122,166 per month

30 year fixed, 7.25% Interest

Principal and Interest

$117,334

Property Taxes

$4,832

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1335 11th Street Northwest

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $3,597,310
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $943,870
  • City Town Tax: $57,981
  • Land Assessed Value: $2,653,440
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: Yes
  • Zoning: MU-4
  • Tax Lot: 39
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 6
  • Two Bedroom Units Count: 12
  • Three Bedroom Units Count: 4
Building Info
Building Info
  • Year Major Reno Remodel: 2024
  • Building Level Count: 5
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 23114773
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 4
  • Number of Assigned Spaces: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • 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
  • Fireplace: No
  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Intercom, Microwave, Refrigerator, Stove, Surface Unit, Washer, Trash Compactor, Water Heater
  • Accessibility Features: None
  • Security Features: Exterior Cameras, Carbon Monoxide Detector(s), Fire Detection System, Intercom, Main Entrance Lock, Security System, Smoke Detector, Sprinkler System - Indoor
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Sewer Available, Water Available, Electric Available, Natural Gas Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: kimberlycaseyteam.com

Property History for 1335 11th Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1335 11th Street Northwest

Taxable ValueLand$2,653,440Additions$943,870Total$3,597,310
Tax Record2023$59,356 ($4,946 / month)
Home Facts
Total Finished SqFt26,094 SqFtAbove Grade Finished SqFt26,094 SqFtStories2Lot Size7,180 SqFtStyleStoresYear Built2019ZoningMU-4CountyDISTRICT OF COLUMBIAAPN0339 0039

Schools near 1335 11th Street Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Seaton Elementary School
PublicPK to 5

Cardozo Education Campus
Public6 to 12

C.H.O.I.C.E. Academy @ Washington Met
Public7 to 12

Washington Metropolitan High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1335 11th Street Northwest is a multi-family home for sale in Washington, DC 20001. This property was listed for sale on May 1, 2024 by TTR Sotheby's International Realty, it's currently listed at $21,500,000. It has been on the market for a total of 19 days and was last sold on March 4, 2022. This listing's school district is District Of Columbia Public Schools. Nearby schools include Seaton Elementary School, Cardozo Education Campus and C.H.O.I.C.E. Academy @ Washington Met. 1335 11th Street Northwest is a 0-bed, 0-bath, 34,807 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TTR Sotheby's International Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/01/2024 12:15 PM