#DCDC2174252, David W Kranich, Listing Office: Ramsbury Real Estate, LLC
Property details
About 1335 11th St NW
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 Spring 2025, 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.
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2139392
- MLS Name: BRIGHT
- Office Name: TTR Sotheby's International Realty
- Office Phone: (301) 967-3344
- Office Email: chevychase@ttrsir.com
- Listing Agent: Kimberly A. Casey
- Agent Phone: (202) 361-3228
- Agent Email: kimberly.casey@sothebysrealty.com
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Last updated on: 3/13/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$21,500,000
1335 11th St NW
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 08, 2022 | Home Sold | $4,350,000 |
Apr 24, 2014 | Home Sold | $1,015,000 |
Dec 27, 2012 | Home Sold | $374,491 |
Apr 18, 2011 | Home Sold | $1,195,000 |
Jun 15, 2005 | Home Sold | $1,150,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $3,597,310 | $59,355 |
2022 | $3,998,710 | $57,981 |
2021 | $4,713,360 | $68,343 |
History based on county public records data.
Nearby schools
7
Seaton Elementary School
Public District EE-5
0.2 mi
•1503 10th St NW
7
Thomson Elementary School
Public District EE-5
0.4 mi
•1200 L St NW
7
Garrison Elementary School
Public District EE-5
0.4 mi
•1200 S St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,595. Residents of Washington, DC typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1335 11th St NW
This home is located at 1335 11th St NW in Washington, DC and zip code 20001 in the Northwest neighborhood. This 34,807 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $21,500,000.
Washington, DC housing market in February 2025 saw over 93 listings sold above listed price, more than 106 sold at listed price and over 203 sold below. In February 2025 in Washington, DC there were 17% more homes for sale than in January. In February 2025 median list price was $676,408 and the average listing age was 51 days.