Three-Level Residential Income
For Sale
$1,049,900
2419 1ST STREET NW Unit 2, Washington, DC 20001
The 3-bedroom, 3-bath residence includes a private rooftop terrace and a second kitchen.
Property Size1,902 SF
Price / SF$551
Days on Market12
Property Features for 2419 1ST STREET NW Unit 2
General Information
Standard status
Active
Size
1,902 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Bloomingdale
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$8,794
Amenities
rooftop terrace
rooftop kitchen
private balcony
Building Details
Building Size
1,902 SF
Year Built
1905
Construction
Victorian
Listing Agency:
Compass
Listed By:
Leah Fernandez · License #SP98375387
(202) 796-8499
Source:
Kerishull
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 24 at 10:10PM
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 three-level residence occupies a circa-1905 Victorian row house and contains approximately 1,902 square feet, with three bedrooms and three full baths. The main level combines the kitchen, dining, and living areas, with another bedroom and bath. The primary suite has a private balcony and ensuite bath; a second upstairs bedroom also has an ensuite. A rooftop terrace and separate equipped kitchen extend the home’s entertaining space. Brazilian cherry floors, an in-ceiling Sonos system, and professional-grade kitchen appliances are among the interior features. Recent improvements include a Carrier HVAC system, a recoated roof, and a roll-up parking gate.
The property is in Bloomingdale, Washington, DC. The rooftop offers views that include the U.S. Capitol and Washington Monument. Nearby neighborhood destinations named in the property information include Big Bear Cafe, the Red Hen, Crispus Attucks Park, and the Metropolitan Branch Trail.
The property is in Bloomingdale, Washington, DC. The rooftop offers views that include the U.S. Capitol and Washington Monument. Nearby neighborhood destinations named in the property information include Big Bear Cafe, the Red Hen, Crispus Attucks Park, and the Metropolitan Branch Trail.
Key Highlights
- Three bedrooms and three full baths across approximately 1,902 square feet
- Private rooftop terrace with a second equipped kitchen
- Circa‑1905 Victorian row house arranged across three levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,603
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,060
$632.1K
Cap Rate 7%
$451,471
$451.5K
Cap Rate 9%
$351,144
$351.1K
Market Conditions
NOI Build-Up for 1,902 SF
Gross rent
$60.5K $31.80/SF
− Vacancy
−$3.0K −$1.59/SF
EGI
$57.5K $30.21/SF
− OpEx
−$25.9K −$13.59/SF
NOI
$31.6K $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%
$632,060
Cap Rate 7%
$451,471
Cap Rate 9%
$351,144
Alternative Uses
Best Use
Apartment 5plus
$451.5K
$395.0K – $526.7K
NOI $31,603 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$978.3K
$856.0K – $1.14M
NOI $68,483 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,219
Businesses Nearby
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Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 3-bedroom, 3-bath residence includes a private rooftop terrace and a second kitchen.
Where is this residential income property located?
The property is located at 2419 1ST STREET NW Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $1,049,900.
What are key features of this property?
This property features: Three bedrooms and three full baths across approximately 1,902 square feet; Private rooftop terrace with a second equipped kitchen; Circa‑1905 Victorian row house arranged across three levels
