38-Unit Multifamily Redevelopment Opportunity

336-340 18th Street Northeast, Washington, DC 20002

  • For Sale Subject To Offer
  • Property Type VacantLand
  • Lot Size 0.14 Acre
  • Date Updated Jan 24, 2024
The Trinidad neighborhood of Washington, D.C. has exploded in the past few years. The area continues to grow with surrounding developments at RFK Stadium, Park Kennedy, The Ethel and Navy Yard. Downtown D.C. is only 3.5 miles away, making one of the nation’s most vibrant metropolitan areas readily accessible. With the Stadium-Armory Metro Station minutes away from the neighborhood, driving becomes optional as well. The Orange, Silver and Blue lines offer direct access to National Landing and Amazon HQ2 alike. If residents need a break from the urban scene, the 446-acre National Arboretum and Kingman Lake both adjoin the neighborhood, providing welcome outdoor recreation.Nestled within Washington’s vibrant Trinidad neighborhood, this fully permitted, 38-unit multifamily development opportunity enjoys a prime location in one of the capital’s most sought-after submarkets. Surrounded by a host of new residential and retail projects, the property also benefits from proximity to the booming H Street Corridor. The H Street Corridor has gained acclaim for its eclectic blend of international restaurants, live music venues, boutique shops, and beloved local establishments, making it an attractive destination for residents and visitors alike. Currently slated to be affordable housing, the next investor can keep that designation or pursue market-rate or luxury housing. If completed under the existing development plans, the property will feature a desirable mix of unit sizes, as well as two penthouse units on the eighth floor, each with private rooftop decks. This shovel-ready site offers immediate access to the bustling political and cultural epicenter of the nation. The location couldn’t be more ideal as an investment exuding immense potential and prestige.

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Attachments

Highlights

  • Fully permitted, entitled, shovel-ready site
  • Planned 38-unit, 8-story building with penthouse level
  • All approved plans & permits conveyed upon closing
  • Only 2 miles east of Capitol Hill
  • In the heart of the NE redevelopment corridor/Trinidad submarket
  • Proximate to H Street NE, Hechinger Mall redevelopment project, Union Market, neighborhood universities & numerous retailers

Contacts

broker

Fernando Palacios

Hilco Real Estate

(877) 933-7779

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable
  • Transit Score ®

    72/100 Excellent Transit
  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • City Washington, DC
  • Neighborhood Kingman Park
  • Zip Code 20002
  • Market Washington DC Suburban Maryland

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Contact Listing Broker

broker

Fernando Palacios

Hilco Real Estate

(877) 933-7779