
About
1818 NEW YORK AVENUE NE, WASHINGTON, DC
Office & Retail Investment Opportunity with Redevelopment Potential
ASKING PRICE: USD $23,000,000 | CAP RATE: 7.0%+

INVESTMENT OVERVIEW
1818 New York Avenue NE offers a rare opportunity to acquire a strategically located office and retail asset with immediate cash flow and significant redevelopment potential. Situated on approximately 3.137 acres, the property includes a well-maintained, two-story, 78,000 SF building with meaningful upside through repositioning, redevelopment, or future density expansion, subject to approvals.
PROPERTY FACTS
• Building Size: ±78,000 SF
• Land Area: ±3.137 Acres (136,675 SF)
• Year Built: 1937
• Renovated: 2005
• Zoning: PDR-2
• Parking: 180 Space
INVESTMENT HIGHLIGHTS
• Prime Washington, DC location
• Stable in-place cash flow
• Flexible PDR-2 zoning
• Rare urban redevelopment site
• Potential vertical expansion
• Long-term appreciation potential