1335 11th St NW Washington, DC 20001
Shaw NeighborhoodEstimated payment $111,724/month
Highlights
- New Construction
- 0.16 Acre Lot
- Contemporary Architecture
- Gourmet Kitchen
- Open Floorplan
- 5-minute walk to Logan Circle
About This Home
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 $18,900,000 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $74,835
Year Built
- Built in 2024 | New Construction
Lot Details
- 7,180 Sq Ft Lot
- Historic Home
- Property is in excellent condition
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Wet Bar
- Sound System
- Crown Molding
- Ceiling height of 9 feet or more
- Family Room Off Kitchen
- Dining Area
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Built-In Range
- Stove
- Built-In Microwave
- Freezer
- Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Laundry
- Dryer
- Washer
Basement
- Walk-Up Access
- Basement Windows
Home Security
- Home Security System
- Intercom
- Exterior Cameras
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Lot
- 4 Assigned Parking Spaces
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Elevators
- 5-Story Building
- Logan Circle Subdivision
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 0339//0039
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $226,773 | $4,535,450 | $2,706,500 | $1,828,950 |
| 2023 | $59,356 | $3,597,310 | $2,653,440 | $943,870 |
| 2022 | $57,981 | $3,998,710 | $2,653,440 | $1,345,270 |
| 2021 | $68,343 | $4,713,360 | $2,653,440 | $2,059,920 |
| 2020 | $61,727 | $3,741,010 | $2,412,190 | $1,328,820 |
| 2019 | $61,727 | $3,741,010 | $2,192,910 | $1,548,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Price Changed | $18,900,000 | -12.1% | $543 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $21,500,000 | -- | $618 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,350,000 | Paragon Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $40,000 | New Conventional | |
| Open | $3,318,709 | No Value Available | |
| Open | $9,924,102 | Credit Line Revolving |
Source: Bright MLS
MLS Number: DCDC2139392
APN: 0339-0039
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