Mixed-Use New Construction Multifamily, Office & Retail — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Washington, DC 20011

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Mixed-Use New Construction Multifamily, Office & Retail — Sale in Washington, DC, photo 1 of 2
Mixed-Use New Construction Multifamily, Office & Retail — Sale in Washington, DC, photo 2 of 2

Investment Figures

Cap rate
9.02%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exceptional investment opportunity located at 5419 1st Street NW in Washington, D.C. The asset consists of a newly constructed mixed-use property comprised of multifamily, office, and retail components. Encompassing approximately 12,800 rentable square feet, the asset offers a diversified income stream supported by both residential and commercial tenancy, creating a compelling opportunity for investors seeking stable cash flow and long-term value appreciation. The residential portion of the property consists of four spacious five-bedroom, four-bathroom units with a projected rental rate of $7,004 per month ($4.12/SF). Complementing the residential component are five professionally designed studio office suites, each totaling approximately 555 square feet and projected to lease for $1,803 per month ($38.97/SF). This balanced tenant mix provides multiple revenue sources while reducing exposure to any single market segment. The property is projected to achieve a strong 8.79 percent pro forma capitalization rate and a 11.82 percent stabilized cash-on-cash return, underscoring its attractive income-producing potential. With a projected effective gross income of $471,789 and projected net operating income of $369,262, the asset offers investors an opportunity to acquire a newly delivered property with minimal deferred maintenance concerns and significant income-generating capability from day one. This new construction mixed-use investment combines modern design, diversified tenancy, and strong projected financial performance, positioning it as an attractive addition to both private and institutional real estate portfolios. Investment Highlights: • Newly Constructed Mixed-Use Asset Featuring Multifamily, Office, and Retail • Diversified Income Stream Supported by Four Residential Units and Five Office Suites • Projected 8.79 Percent Pro Forma Capitalization Rate • Projected Effective Gross Income of $471,789 and Net Operating I

Market Context

This multifamily in Washington, DC is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Washington, DC — view the full market.

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