Property profile

1231 New York NE Ave Washington, DC 20002

OFF-MARKET
Auto shops
Property ID
US16-0159552
1,711 SF 0.25 ac lot Built 1955
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Construction TILT-UP CONCRETE
Total area 1,711 SF
Lot 0.25 ac (10,846 SF)
Zoning code PDR-1
APN 4041 0825
UPID US16-0159552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Grocery & Convenience Store

Location

1231 New York NE Ave Washington, DC 20002-1628
Washington metro Census 8803 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$3.32M

Owner & transaction history

since 2021
Last sale
$3.6M
5 recorded transactions
2021
Price N/A
2021
$3.6M
2017
Price N/A
2006
$1.2M
1969
Price N/A

Zoning & alternative use

PDR-1 · Washington, DC
Zoning description

05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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