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32342902
32342903

3930 Georgia Avenue Northwest, Washington, DC 20011

IR
DC DC BR200201389, VA VA 0225208264 (+1)
Feldman Ruel
AP
DC DC-SP40002955, MD MD-5017551 (+1)
Feldman Ruel
CC
VA VA 0225206248
Feldman Ruel
Listed by Feldman Ruel
Unpriced
34 days on market
Updated 34 days ago

3930 Georgia Avenue Northwest

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 40,728
Tenancy Multi
Year Built 2015
Buildings 1
Lot Size (SqFt) 6,788
Zoning NMU-7B/GA
Parking Spaces 2 spaces
Parking Per SqFt 0.05
Ground Lease No

TOPA-Exempt Mixed-Use Property with 31 Multifamily Units & 1 Retail Unit

Marketing description

Feldman Ruel is pleased to offer for sale The Fahrenheit, located at 3930 Georgia Avenue NW, a 40,728-square-foot, six-story mixed-use building constructed in 2015. The offering represents a rare opportunity to acquire a modern, condo-quality asset below replacement cost. Originally designed as a condominium project, the building features high-end finishes and a desirable mix of one-bedroom and two-bedroom units, along with a unique three-bedroom unit that includes private outdoor space. Because the building was constructed less than 15 years ago, the transaction qualifies for an exemption from Washington, D.C.’s TOPA process. A newly executed five-year retail lease with New Hampshire Medical Supply, a corporately guaranteed tenant established in 1962, provides stable ground-floor income. Positioned at a signalized intersection along Georgia Avenue NW, the subject property benefits from strong visibility and abundant natural light. Located steps from the Georgia Ave–Petworth Metro station and near Howard University, 3930 Georgia Avenue NW is well connected and surrounded by major economic drivers that support long-term rental demand and asset value.

Investment highlights

• Highly Visible Mixed-Use Property Located at at Signalized Intersection

• TOPA -Exempt Multifamily Transaction | 2015 Construction

• Attractive Multifamily Unit Mix | 5 - 1BRs, 25 - 2BRs, & 1 - 3BR with Private Outdoor Space

• 40,728 Gross SF Across 7 Levels | 2,840-SF Street-Level Retail Unit

• Newly Signed Retail Lease | Experienced Operator with Strong Financials

• Prominent Corner Location 2 Blocks from the Georgia Ave-Petworth Metro

Listing Contacts

IR
DC DC BR200201389, VA VA 0225208264 (+1)
Feldman Ruel
AP
DC DC-SP40002955, MD MD-5017551 (+1)
Feldman Ruel
CC
VA VA 0225206248
Feldman Ruel
Listed by Feldman Ruel

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Additional Information

Name
Ian Ruel
License
DC BR200201389
Brokerage
Feldman Ruel Urban Property Advisors LLC
Brokerage Address
4800 Montgomery Lane
Name
Alex Petrov
License
DC-SP40002955
Brokerage
Feldman Ruel
Title
INVESTMENT ASSOCIATE
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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