912 Kennedy Street NW
Washington, D.C. 20011
The Offering
Summary
- List Price $799,000
- Product Type Multifamily Development
- Proposed GBA 12,167 SF
- Price Per Entitled FAR SF $65.66
- Number of Proposed Units 14
- Proposed Unit Mix 4 - Jr 1BR/1BA, 4 - 1BR/1BA, 1 - 1BR+Den/1BA, 2 - 2BR/1BA, 1 - 2BR/1.5BA, 1 - 2BR/2BA, 1 - 2BR/2.5BA
- Proposed IZ Units 2
- Proposed IZ Unit Type 2 - 2BR/1BA
Investment Summary
Feldman Ruel is pleased to offer for sale 912 Kennedy Street NW, a 14-unit multifamily development site located in an Opportunity Zone. At closing, ownership will convey conceptual plans and additional due diligence for the potential construction of up to 14 multifamily units.
Investment Highlights
• Conveys with Conceptual Plans to Build Up To 14 Multifamily Units
• 12,167 Square Feet of Gross Buildable Area Across 4 Levels + Cellar & Penthouse
• High-Demand Condominium Market | Recent Outsales Exceeding $500 per SF
• Located in an Opportunity Zone which Offers Tax Benefits to Developers of Ground-Up Projects
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