Office Condo
522 21st St NW Suite 101 Washington, DC 20006
522 21st St NW Suite 101, Washington, DC, 20006
$899,000
For Sale
$899,000
Well-sized office condo suite available for sale or lease in Washington, DC for professional occupancy.
Property Size1,985 SF
Price / SF$452.90
Days on Market26
Property Features for 522 21st St NW Suite 101
General Information
- Standard status
- Active
- Size
- 1,985 SF
- Property subtype
- Office
Listing Agency
Lincoln Property Company | Washington DC
(202) 513-6730
Listed by
John Olson
Source
Lpc
Added: Jun 23 Checked: Jul 17 at 6:59 am
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 Lincoln Property Company | Washington DC
Investment Insights
Based on property information with market context.
522 21st Street NW, Suite 101 is a 1,985 RSF office condo offered for sale or lease. The space is configured as a private office suite within a condominium setting, designed for professional use.
The property is located at 522 21st Street NW in Washington, DC, providing a dedicated address for business operations. This listing is specifically for Suite 101, which allows prospective tenants and buyers to evaluate a single, defined space rather than an entire building.
For users seeking an owned or leased office environment, this suite’s size supports typical office operations requiring a dedicated, manageable footprint. Because it is presented as an office condo, it may be attractive to organizations looking for a space they can occupy directly, whether as a near-term lease or a longer-term ownership opportunity.
The property is located at 522 21st Street NW in Washington, DC, providing a dedicated address for business operations. This listing is specifically for Suite 101, which allows prospective tenants and buyers to evaluate a single, defined space rather than an entire building.
For users seeking an owned or leased office environment, this suite’s size supports typical office operations requiring a dedicated, manageable footprint. Because it is presented as an office condo, it may be attractive to organizations looking for a space they can occupy directly, whether as a near-term lease or a longer-term ownership opportunity.
Key Highlights
- 1,985 RSF office condo suite at 522 21st Street NW, Suite 101, Washington, DC
- Available for sale or lease for professional occupancy
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.0k | $50.40 |
| − Vacancy | −$16.0k | −$8.06 |
| EGI | $84.0k | $42.34 |
| − OpEx | −$21.0k | −$10.58 |
| NOI | $63.0k | $31.75 |
1,985 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.4K
$787.9K – $1.05M
NOI $63,028 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M
NOI $71,471 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-sized office condo suite available for sale or lease in Washington, DC for professional occupancy.
Where is this office units located?
The property is located at 522 21st St NW Suite 101 Washington, DC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,985 RSF office condo suite at 522 21st Street NW, Suite 101, Washington, DC; Available for sale or lease for professional occupancy
