One-Bedroom Co-op
For Sale
$340,000
1000 NEW JERSEY AVENUE SE Unit 321, Washington, DC 20003
In-home laundry, a walk-in closet, and dual-entry bathroom complement the unit’s open kitchen and living area.
Property Size696 SF
Price / SF$488.51
Days on Market177
Property Features for 1000 NEW JERSEY AVENUE SE Unit 321
General Information
Standard status
Active
Size
696 SF
Property subtype
Unit/Flat/Apartment
Financials
Asking Price
$340,000
HOA Fee
$358
Site & Location
Neighborhood
Southeast
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,088
Amenities
24-hour concierge
fitness center
indoor pool & spa
resident lounge
club room
landscaped courtyard
gas grills
dining/seating areas
Sweetgreen Outpost
Starbucks coffee bar
in-unit laundry
granite counters
gas range
walk-in closet
refrigerator
garbage disposal
Building Details
Building Size
696 SF
Year Built
2006
Listing Agency:
Compass
Listed By:
Christopher M Coppola · License #SP98369956
(781) 696-8130
Source:
Canopy-re
Added: May 7
Changed: Oct 26
Last Checked: Oct 26 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This 696-square-foot co-op residence offers one bedroom and one bathroom in a building constructed in 2006. The layout features an open kitchen with granite counters and a gas range, a dual-entry bathroom, a walk-in closet, and in-unit laundry. A new HVAC system was installed in April 2026; the refrigerator and garbage disposal were replaced in 2025. The unit overlooks Canal Park.
Building amenities include a 24-hour concierge, fitness center, indoor pool and spa, resident lounge, club room, and landscaped courtyard with a water feature, gas grills, and outdoor dining and seating areas. A Sweetgreen Outpost and complimentary Starbucks coffee bar are also on site. Hallways and common areas have recently been renovated.
The property is one block from Metro and Whole Foods, and two blocks from Yards Park, Harris Teeter, Vida, and restaurants and bars. Co-op rental rules require a minimum lease of six months; no other rental restrictions are stated.
Building amenities include a 24-hour concierge, fitness center, indoor pool and spa, resident lounge, club room, and landscaped courtyard with a water feature, gas grills, and outdoor dining and seating areas. A Sweetgreen Outpost and complimentary Starbucks coffee bar are also on site. Hallways and common areas have recently been renovated.
The property is one block from Metro and Whole Foods, and two blocks from Yards Park, Harris Teeter, Vida, and restaurants and bars. Co-op rental rules require a minimum lease of six months; no other rental restrictions are stated.
Key Highlights
- 696‑square‑foot, one‑bedroom, one‑bathroom co‑op residence
- New HVAC system installed in April 2026
- In‑unit laundry, walk‑in closet, and dual‑entry bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,564
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,280
$231.3K
Cap Rate 7%
$165,200
$165.2K
Cap Rate 9%
$128,489
$128.5K
Market Conditions
NOI Build-Up for 696 SF
Gross rent
$22.1K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.0K $30.21/SF
− OpEx
−$9.5K −$13.59/SF
NOI
$11.6K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,280
Cap Rate 7%
$165,200
Cap Rate 9%
$128,489
Alternative Uses
Best Use
Apartment 5plus
$165.2K
$144.6K – $192.7K
NOI $11,564 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.0K
$313.3K – $417.7K
NOI $25,060 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - In-home laundry, a walk-in closet, and dual-entry bathroom complement the unit’s open kitchen and living area.
Where is this residential income property located?
The property is located at 1000 NEW JERSEY AVENUE SE Unit 321 Washington, DC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 696‑square‑foot, one‑bedroom, one‑bathroom co‑op residence; New HVAC system installed in April 2026; In‑unit laundry, walk‑in closet, and dual‑entry bathroom
