615 Kennedy St NW | Washington, DC 20011
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This Multifamily Property is no longer advertised on LoopNet.com.
615 Kennedy St NW
Washington, DC 20011
New Construction Luxury Condo Building · Multifamily Property For Sale
·
8 Units

INVESTMENT HIGHLIGHTS
- TOPA Free New Construction Multifamily Building Within Walking Distance to the Fort Totten Metro .
- Condo-Level Luxury Finishes Including Granite Countertops, Stainless Steel Appliances, Custom Hardwood Flooring, and High-End Appliances.
- The Kennedy Street Corridor is one of the Most Robust Commercial Strips in Washington D.C. with a Multitude of Large Scale Redevelopment Projects.
- Six Bi-Level Condo Units Including Two Penthouse Units with Access to the Rooftop Deck.
- Proforma Cap Rate of 6.64% After Filling These Vacant Units.
- This Property sits in an Opportunity Zone which can Yield Significant Tax Benefits Under this Federal Program.
PROPERTY FACTS
| No. Units | 8 | Building Size | 9,931 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2024 |
| Building Class | C | Parking Ratio | 0.2/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | MU-4 - Permit moderate-density mixed-use development. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,931 SF |
| Average Occupancy | 0% |
| No. Stories | 5 |
| Year Built | 2024 |
| Parking Ratio | 0.2/1,000 SF |
| Zoning | MU-4 - Permit moderate-density mixed-use development. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,888 | 536 - 650 |
| 2+2 | 4 | $2,850 | 1,085 |
| 3+2.5 | 1 | $3,700 | 1,350 |
| 3+3 | 1 | $3,850 | 1,400 |
Listing ID: 31353799
Date on Market: 3/28/2024
Last Updated:
Address: 615 Kennedy St NW, Washington, DC 20011
The Brightwood Park Multifamily Property at 615 Kennedy St NW, Washington, DC 20011 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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