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 $21,500,000 with a projected delivery in late Summer 2024, 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.
This property is $20.8M more than the Median Sold Price and $107/SqFt more than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2139392
Listing Office:
Office Name: TTR Sotheby's International Realty
Office Phone: (301) 967-3344
Listing Agent: Kimberly A. Casey
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Seaton Elementary School
1503 10th St NW
Distance between this listing and this school0.17 miles
Public District Grades EE-5
7
/10
Thomson Elementary School
1200 L St NW
Distance between this listing and this school0.35 miles
Public District Grades EE-5
7
/10
Garrison Elementary School
1200 S St NW
Distance between this listing and this school0.39 miles
Public District Grades EE-5
Nearby Schools
4
/10
Center City Public Charter School - Shaw
711 N St NW
Distance between this listing and this school0.23 miles
Public Charter Grades PK-8
5
/10
Kipp Dc - Will Academy Public Charter School
421 P St NW
Distance between this listing and this school0.48 miles
Public Charter Grades 5-8
4
/10
Meridian Public Charter School
2120 13th St NW
Distance between this listing and this school0.73 miles
Public Charter Grades PK-8
Nearby Schools
4
/10
Dunbar High School
101 N St NW
Distance between this listing and this school0.75 miles
Public District Grades 9-12
8
/10
Basis Dc Public Charter School
410 8th St NW
Distance between this listing and this school0.92 miles
Public Charter Grades 5-12
4
/10
Cardozo Education Campus
1200 Clifton St NW
Distance between this listing and this school0.96 miles
The neighbors living near this home have an average income of $49,595. Most Washington, DC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1335 11th St NW
What is the listing price of this property?
The listing price of 1335 11th St NW property is $21,500,000.
What type of property is this?
The property 1335 11th St NW is a house located in Washington, District of Columbia, 20001.
Is this property for sale now?
Active Listing: 1335 11th St NW is For Sale (Active/New) which means the seller is accepting offers.
What is the square footage of this property?
The property 1335 11th St NW is 34,807 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1335 11th St NW is 2024.
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This home is located at 1335 11th St NW in Washington, DC and zip code 20001 in the Northwest neighborhood. This 34,807 square foot home, which was built in 2024, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $21,500,000.
While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 225 were sold below. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $672,329.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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