608-618 Kennedy Street NW
Washington, D.C. 20011
The Offering
Property Overview
- List Price Request For Offers
- Lot Size 21,363 SF
- Zoning MU-4
- Product Type Mixed-Use/Multifamily Development Site
- Above Grade FAR 3.0 (IZ) + Penthouse
- Proposed Residential Units 77
- Total Proposed Rentable/Sellable SF 44,737 SF
- Proposed Rentable/Sellable Commercial SF 11,500 SF
- Proposed # of Studio Units 3
- Proposed # of 1BDR Untis 32
- Proposed # of 2BDR Units 42
- Proposed # of IZ Units 9
- Proposed Parking Spaces 61
- Proposed Elevators 2 Residential, 1 Commercial
Investment Summary
Feldman Ruel Urban Property Advisors is pleased to offer for sale 608-618 Kennedy Street NW, a 21,363-square-foot development site located in an Opportunity Zone. The site conveys with plans for 77 residential units and 11,500 square feet of ground-level commercial space. Plans can be modified to eliminate the commercial space and one of the two levels of subterranean parking.
Investment Highlights
● Conveys with Plans & Permits to Build 77 Residential Units & 11,500 Square Feet of Retail
● Mix of One & Two Bedroom Units | Nine Inclusionary Zoning Units
● Ability to Achieve Approximately 100 Residential Units By Eliminating Retail Component
● Project Designed by Teass \ Warren Architects
● Approximately 500 Multifamily Units Under Construction or Planned on Kennedy Street NW
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