1335 11TH ST NW, WASHINGTON, DC 20001 - Cummings & Co. Realtors

$18,900,000

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… Read More 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. Read Less

Courtesy of Kimberly Casey, TTR Sotheby's International Realty [email protected]

Listing Snapshot

Days Online

381

Last Updated

May 17, 2025

Property Type

Townhouse

Square Ft.

34,807

Lot Size

0.16 Acres

Year Built

2024

MLS Number

DCDC2139392

30 Days Snapshot Of 20001

$815k

(avg) sold price

-14%

homes sold

+6%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

4 elevators, Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Intercom, Microwave, Refrigerator, Stove, Surface Unit, Washer, Trash Compactor, Water Heater

Basement

Daylight, Full, Windows, Walkout Stairs

Building

34,807 sqft living area, Built in 2024, Major renovation in 2024, Structure Type: Interior Row/Townhouse, Wall & Ceiling Types: 9'+ Ceilings, 1 unit in building, 5 levels in building, Contemporary, Brick

Cooling

Central Air, Electric, Central A/C

Floors

Hardwood

Foundation

Concrete Perimeter

Heating

Electric, Forced Air, Central

Interior Features

Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Sound System, Wet/Dry Bar

Lot

7,180 sqft, 0.16 acres

Parking

4 assigned parking spaces, Assigned

Property

Historic, Other Structures: Above Grade, Below Grade, Soil Types: Urban Land-Sassafras-Chillum, 6 one-bedroom units, 4 three-bedroom units, 12 two-bedroom units

Sewer

Public Sewer

Taxes

City/Town Tax: $74,835, City/Town Tax Pymnt Freq: Annually, Tax Annual Amount: $74,835, Tax Year: 2024

Utilities

Hot Water: Electric, Sewer Available, Water Available, Electric Available, Natural Gas Available

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