The Offering

Summary

  • List Price Request for Offers
  • Development Type Multifamily/Mixed-Use
  • Proposed Development 30 Multifamily Units & 2 Commercial Units
  • Proposed Multifamily Unit Mix 14 - Efficiency (Studios), 4 - 1BR/1BA, 4 - 1BR/1.5BA, 3 - 1BR/2BA, 2 - 1BR/2.5BA, 3 - 2BR/2BA
  • Proposed Multifamily SF 23,574 SF
  • Proposed Commercial SF 4,832 SF
  • Lot Size 10,260 SF
  • Zoning MU-4

Investment Summary

Feldman Ruel is pleased to present for sale 1023 Bladensburg Road NE, a multifamily/mixed-use development opportunity in Washington, D.C. The subject property is designed for 30 multifamily units with two ground floor retail spaces and is located in the Carver-Langston neighborhood. At closing, the offering will include a complete set of previously approved plans prepared by award winning architect Urban Design Group LLC. While the approvals have lapsed, they establish a clear and well-defined path forward for development.

Investment Highlights

• Conveys with Architechtural Plans for 30 Multifamily Units Above 4,832-SF of Retail

• Strong Development Pipeline in the Immediate Area Including the Planned RFK Campus
• Proximate to the H Street Corridor, Hechinger Mall, Union Market, Ivy City, & More

• Located Along a Bladensburg Road NE (Alternate Route 1) which is a Major Commuter Artery

Listing Agents

Brandon Shure

Brandon Shure

Investment Associate
Feldman Ruel
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