deal image
5151 Wisconsin Ave, Washington, DC 4201 Garrison St NW, Washington, DC
Multifamily Development Sites For Sale
Asset ClassLand, Multifamily
# Sites: 2# Units: 336Land: 2 AcresAccess Data Room
For Sale: Two (2) Adjacent Multifamily Development Sites
overview of deal

Overview

Donohoe Commercial Real Estate is pleased to offer the opportunity to acquire one or both multifamily development sites: 5151 Wisconsin Avenue NW, which is a permit-in-hand, 210-unit project, and 4201 Garrison Street NW, which is approved for 126 units.

 

Situated in a prime location just two blocks from the Friendship Heights Metro Station in a prominent retail corridor and with zoning approvals in place, 5151 Wisconsin and 4201 Garrison offer a rare opportunity to develop in a highly constrained rental market in one of the highest income areas in the United States.

 

Access the Data Room

Investment Highlights

5151 Wisconsin (Pictured)

  • 210 Luxury Units - Approved Design (The Walden), Permit-In-Hand
  • 150 Parking Spaces in Two Level Underground Garage
  • Two Blocks from the Friendship Heights Metro Station
  • Steps Away from Grocer, Retail, and Fine Dining

4201 Garrison

  • 126 Multifamily Units Including 42 Affordable Units
  • Adjacent to 5151 Wisconsin Site - 336 Total Units
  • 80 Parking Spots with Garage Access Off Shared Private Alley
  • HANTA Approval - 40 Year Property Tax Abatement

 

Property Highlights

5151 Wisconsin
4201 Garrison
Lot #
813
812
Square #
1666
1666
Lot Size
44,458 SF
45,198 SF
Status
Fully Entitled
PUD Approved
Approved Units
210
126
Approved Parking
150 Spaces
80 Spaces
Approved SF
193,500 SF
123,444 SF
deal gallery image
deal gallery image
deal gallery image
5151 Wisconsin AveWashington, DC 20016
deal image

Inquire

Listing provided by LightBox Revere