Condominium Development with Approved
1938 I St NE Washington, DC 20002
1938 I St NE, Washington, DC, 20002
$898,000
For Sale
$898,000
Fully planned 10-unit boutique condominium project with zoning secured and construction permits approved for a streamlined development path.
Property Size7,414 SF
Price / SF$121.12
Days on Market90
Property Features for 1938 I St NE
General Information
- Standard status
- Active
- Size
- 7,414 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1942
Listing agency
(202) 900-3126
Listed by
Marc Cashin · License #SP40002817 (DC)
(202) 900-3126
Source
Elliman
Added: Apr 24 Updated: Jul 20 at 4:46PM Checked: Jul 21 at 8:53AM
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 Marc Cashin
Investment Insights
Based on property information with market context.
The Eastlight is a fully realized 10-unit boutique condominium development opportunity with zoning secured, architectural plans completed, and construction permits approved. The project is designed with two three-bedroom penthouse residences across the top levels, six two-bedroom homes, and two one-bedroom residences. Two on-site parking spaces are included. The development totals approximately 7,414 square feet of gross building area and 5,862 square feet of sellable residential space, with estimated construction costs between $1.2M and $1.5M.
Located just off the H Street Corridor, the property is positioned near multiple retail and transportation drivers, including Whole Foods Market (0.6 miles), Union Market District (1.2 miles), Union Station (1.4 miles), Gallaudet University (0.8 miles), and streetcar access along H Street (0.3 miles). WalkScore and transitScore metrics are provided with 78 (Very Walkable) and 72 (Excellent Transit), respectively.
The program size and planning status are intended to support execution without additional entitlement complexity, with a clear path forward for an owner prepared to move quickly.
Located just off the H Street Corridor, the property is positioned near multiple retail and transportation drivers, including Whole Foods Market (0.6 miles), Union Market District (1.2 miles), Union Station (1.4 miles), Gallaudet University (0.8 miles), and streetcar access along H Street (0.3 miles). WalkScore and transitScore metrics are provided with 78 (Very Walkable) and 72 (Excellent Transit), respectively.
The program size and planning status are intended to support execution without additional entitlement complexity, with a clear path forward for an owner prepared to move quickly.
Key Highlights
- Fully planned 10‑unit boutique condominium development with zoning secured and construction permits approved
- Unit mix includes 2 three‑bedroom penthouse residences, 6 two‑bedroom units, and 2 one‑bedroom residences
- Gross building area approx. 7,414 SF with approx. 5,862 SF of sellable residential space
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Fully planned 10-unit boutique condominium project with zoning secured and construction permits approved for a streamlined development path.
Where is this apartment building located?
The property is located at 1938 I St NE Washington, DC.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Fully planned 10‑unit boutique condominium development with zoning secured and construction permits approved; Unit mix includes 2 three‑bedroom penthouse residences, 6 two‑bedroom units, and 2 one‑bedroom residences; Gross building area approx. 7,414 SF with approx. 5,862 SF of sellable residential space
