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Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $379
MLS Listing ID DCDC2249920
Style Federal,Mid-Century Modern,Contemporary,Colonial
Abv Grd Liv Area 2,368
Year Built 1942
Annual Tax Amount $6,994
Tax Year 2026
Lot Size 2,432 Sqft
Acres 0.06
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Introducing The Eastlight, a 10-unit boutique condominium development opportunity positioned just off the H Street Corridor, one of Washington's most active growth corridors where residential demand, retail expansion, and long-term neighborhood investment continue to converge. This is not a concept or a pursuit. This is a fully realized development opportunity where the hard work has already been completed.
Zoning is secured. Architectural plans are complete. Construction permits are approved. The path forward is clear for a developer who understands the value of momentum.
Designed by respected DC firm 2Plys Architecture, the building balances efficiency and market appeal with a unit mix proven to perform in this submarket. The program includes two three-bedroom penthouse residences, six two-bedroom homes designed for end-user demand, and two one-bedroom residences ideal for attainable price points. Two on-site parking spaces further strengthen resale positioning.
With approximately 7,414 square feet of gross building area and 5,862 square feet of sellable residential space, the project is sized for execution without institutional complexity while still offering meaningful revenue potential. Estimated construction costs between $1.2M and $1.5M position the project for strong margins based on projected sellout values between $3.4M and $3.9M.
Projects at this stage rarely trade. The entitlement process in Washington can take a year or more. Here, that timeline has already been absorbed. The next owner steps into a position of readiness, not risk.
The Eastlight represents what experienced developers seek most: certainty, speed, and location strength. For the right buyer, this is not just another project. This is a chance to control a fully prepared development in a neighborhood still writing its growth story.
(2) Expansive three-bedroom penthouses across the top two levels
(6) Intelligently sized two-bedroom units
(2) Boutique one-bedroom flats
(2) On-site parking spaces
Total gross area: 7,414 SF | Net living: 5,862 SF
Nearby amenities and development drivers:
H Street Corridor dining & nightlife, 0.3 miles
Whole Foods Market, 0.6 miles
Union Market District, 1.2 miles
Union Station transportation hub, 1.4 miles
Gallaudet University, 0.8 miles
Streetcar access along H Street, 0.3 miles
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Concrete Perimeter, Other
Above Ground Finished SqFt 2368
Sewer Public Sewer
Water Public
Architectural Style Federal, Mid-Century Modern, Contemporary, Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4477//0022
Ownership Fee Simple
SqFt Source 2368
Acceptable Financing Cash, Joint Venture, Private, Other, Industrial Development Authority
Listing Terms Cash, Joint Venture, Private, Other, Industrial Development Authority
Financing Cash,Joint Venture,Private,Other,Industrial Development Authority
Special Listing Condition Standard
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413GET MORE INFORMATION
