1919 Benning Road NE

Washington, D.C. 20002

Offering Memorandum

The Offering

Summary

  • List Price $999,000
  • Proposed GBA 11,216 SF
  • Proposed Units 10
  • Proposed Rentable/Sellable Area 9,061 SF
  • Zoning MU-5A
  • FAR 4.2 + Penthouse
  • Proposed Levels 5 + Cellar & Penthouse
  • Unit Mix 1 - 2BR/1BA; 6 - 2BR/2BA; 3 - 2BR/2.5BA
  • # of IZ Units 0
  • Lot Size 2,160 SF
  • Amenities Outdoor Space, 2 Surface Parking Spaces

Investment Summary

Feldman Ruel is pleased to present 1919 Benning Road NE, a fully-permitted development site located in the burgeoning Kingman Park neighborhood of Washington, D.C. This 10-unit development site is a truly shovel-ready project that allows a buyer to break ground immediately after closing, thereby mitigating carrying costs and avoiding the Washington, D.C. notoriously cumbersome entitlement process.

Investment Highlights

• Truly Shovel-Ready 10-Unit Multifamily Development Project | Conveys with Building Permit

• All 2-Bedroom Units with Outdoor Spaces | Amenities Include On-Site Parking
• No IZ Units Required Allowing for Maximum Outsale or Rental Proceeds

• Conveniently Located within One Block of Multiple Metrobus & DC Streetcar Stops

Listing Agents

Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Adam Costanzo

Adam Costanzo

Senior Associate
Direct: (202) 318-6826