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$21,500,000
72 Days Online

1335 11th St NW
Washington, DC 20001

For Sale|Multi-Family|Active
Subdivision:
Logan Circle
County:
Washington

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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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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Listing Snapshot
Price 
$21,500,000
Days Online 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
34,807 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
2024
MLS® Number 
DCDC2139392
Status 
Active
Property Tax 
$59,356
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
9 minutes agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Style 
Contemporary
Water 
Public
Sewer 
Public Sewer
Utilities 
Sewer AvailableWater AvailableElectric AvailableNatural Gas Available
Garage 
No
Parking 
Assigned
Foundation 
Concrete Perimeter
Other Structures 
Above GradeBelow Grade
Construction Materials 
Brick
Zoning 
MU-4
Acceptable Financing 
ConventionalCash
Interior Features
Flooring 
Hardwood
Appliances 
Built-In MicrowaveBuilt-In RangeDishwasherDisposalDryerFreezerIcemakerIntercomMicrowaveRefrigeratorStoveSurface UnitWasherTrash CompactorWater Heater
Heating 
Forced AirCentral
Cooling 
Central A/C
Central Air 
Yes
Basement 
Yes
Basement Description 
Daylight, FullWindowsWalkout Stairs
Fireplace 
No
Other Interior Features 
Combination Dining/LivingCombination Kitchen/DiningCrown MoldingsDining AreaFamily Room Off KitchenFloor Plan - OpenKitchen - GourmetSound SystemWet/Dry Bar
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Exterior Features
Pool 
No Pool
Community Features
Security 
Exterior CamerasCarbon Monoxide Detector(s)Fire Detection SystemIntercomMain Entrance LockSecurity SystemSmoke DetectorSprinkler System - Indoor
Accessibility Features 
None
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of TTR Sotheby's International Realty chevychase@ttrsir.com



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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