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700 Monroe St NeWashington, DC 20017MLS Number DCDC2019030

  • Price: $20,000,000
  • 40 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
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700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017700 Monroe St Ne Washington DC 20017
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  • 0.43Acreage
  • 1981Year Built
  • 1037Price Per Square Foot
  • 1Units
A Developers Dream has just hit the MARKET!! Just a two-minute walk from the Brookland-CUA Metro Station, 700 Monroe Street Northeast is the last parcel in Brookland for major redevelopment. One block away from Catholic University, there has been an influx of development within a one-block radius adding over 500 rental units with 2-bedroom units starting at $3400 per month. Brookland, also known as Little Rome, is a neighborhood located in the Northeast (NE) quadrant of Washington, D.C. It is best known for its numerous Catholic institutions, including schools, religious communities, shrines, institutes, and other organizations built and based around the Catholic University of America. Recent redevelopment projects within a one-block radius have produced several six-level buildings with the largest featuring 310 rental units with ground-floor retail and restaurants. The Brookland submarket having a smaller town neighborhood vibe close to Downtown D.C. has been experiencing a massive influx of development over the last decade. With notable projects such as the Monroe Street Market (three separate and distinct buildings), Brookland Artspace Lofts, Hanover 8th, and RIA development on Rhode Island Avenue this is a highly sought-after area for redevelopment. The most unique development is directly next door and features 152 rental units and 26 dedicated artist spaces which hosts numerous events including the weekly Farmer's Market.
Listed by Shalamar Muhammad, TTR Sotheby's International Realty

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Basic Information

  • Broker NameTTR Sotheby's International Realty
  • List Price$20,000,000
  • MLS NumberDCDC2019030
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot1037
  • Security FeaturesElectric Alarm, Monitored
  • StatusACT
  • Units1
  • Vacation Rental YNN

Property

  • Acreage0.43
  • Business TypeSchool, Professional, Hair Salon and Spa, Day Care Facility
  • Lot Size SourceAssessor
  • Lot Size Square Feet18,570
  • New Construction YNN
  • Property ConditionGood
  • Property SubTypeMixed Use
  • ZoningMU-3A
  • Zoning DescriptionThe MU-3A and MU-3B Zones are mixed-use zones intended to be applied throughout the city consistent with the density designation

Other

  • Ground Rent Exists YNN
  • Historic YNN
  • Soil TypesUnknown

Tax Information

  • Assessment Year2020
  • City Town Tax111426
  • City Town Tax Payment FrequencyAnnually
  • Tax Assessment Amount6560050
  • Tax Lot827
  • Tax Year2020
  • Taxes$111,426
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceAssessor
  • Building Area Total19279
  • Construction MaterialsBrick
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces27
  • Year Built1981

Amenities

  • Accessibility AmenitiesElevator

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Parking

  • Assigned Parking Spaces
  • Parking FeaturesPaved Parking, Lighted Parking, Unassigned
  • Parking TypesOff Site, On Street, Driveway

Basic Information

  • Date Listed10/30/2021

Location

  • Address700 Monroe St Ne
  • Building Number700
  • CountyWashington
  • Cross Street7th Street NE
  • DirectionsThe Property Sits on the corner of Monroe NE & 7th Street NE.
  • In City Limits YNY
  • StateDC
  • SubdivisionBrookland
  • TownWashington
  • Water Oriented YNN
  • Zip20017

Utilities

  • Central Air YNY
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat System90% Forced Air
  • Heating FuelNatural Gas
  • Heating YNY
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

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Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 8, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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