

33 Unit Shovel Ready Multifamily Development Site
Multifamily | 33 Units
Marketing description
Long and Foster Commercial Division is pleased to offer the sale of 1716 Rhode Island Ave NE which is a 0.17 Acre lot strategically located in Northeast DC. Nestled on Rhode Island Ave in the Brookland submarket, this development site conveys with plans for a 5 story 33 unit multifamily building, with a unit mix of 18 One Bedroom Units and 15 2 Bedroom Units. Its prime location on heavily trafficked Rhode Island Ave NE, surrounded by numerous development projects, adds to the desirability of this opportunity.
Brookland, often referred to as "Little Rome," is a charming neighborhood in Northeast DC known for its historic sites, academic institutions, and vibrant arts scene. The area features a mix of historic homes, modern apartments, and townhouses. Monroe Street Market offers a variety of shops, restaurants, and art studios. The Catholic University of America and the Basilica of the National Shrine of the Immaculate Conception are prominent landmarks attracting visitors. Brookland-CUA Metro Station and major roads like Michigan Avenue and Rhode Island Avenue provide convenient transportation options to downtown DC and beyond.
Investment highlights
- 0.17 AC Lot in Northeast DC
- Development Site Conveys with Plans for 5 Story 33 Unit Multifamily
- Unit Mix of 18 One BR & 15 2 BR
- MU-4 Zoning
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