3435 Brown Street NW - Flyer · 3435 BROWN STREET NW REALTY MOUNT PLEASANT | WASHINGTON, DC...

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MAC Realty Advisors, LLC (“MAC”), as the exclusive agent, is pleased to offer the opportunity to purchase 3435 Brown Street NW (“Property”), a boutique apartment building located in the highly desirable Mount Pleasant neighborhood of Washington, DC. This Property is currently a 16-unit cooperative (co-op). The Property includes two above grade floors (8-units per floor) and a full basement currently dedicated to storage space, utilities area, and conference room, all of which could be converted into parking or additional livable space. This Property offers a unique opportunity to purchase a fully vacant building in Northwest, Washington, DC, that has significant additional FAR that is not being utilized. Further, the owners will mitigate the developer risk by allowing an extended closing period to fully understand the development potential and close with permits to redevelop the Property and maximize value. REALTY ADVISORS Bill Gribbin Director | 202.618.5110 [email protected] Andrew McAllister Executive Director | 202.296.0007 [email protected] Bruce Levin Executive Director | 202.296.0459 [email protected] ADDRESS 3435 Brown Street NW Washington, DC 20010 SUBMARKET Mount Pleasant / Columbia Heights SQUARE | LOT 2623 | 0040 ZONING RA - 4 LAND AREA 6,720 SF FAR 3.50 WALKSCORE 91 / 100 REDEVELOPMENT OPPORTUNITY 3435 BROWN STREET NW MOUNT PLEASANT | WASHINGTON, DC Property Side View - Oak Street NW Property Side View - Meridian Place NW

Transcript of 3435 Brown Street NW - Flyer · 3435 BROWN STREET NW REALTY MOUNT PLEASANT | WASHINGTON, DC...

Page 1: 3435 Brown Street NW - Flyer · 3435 BROWN STREET NW REALTY MOUNT PLEASANT | WASHINGTON, DC ADVISORS. Title: 3435 Brown Street NW - Flyer Created Date: 12/2/2019 8:28:42 PM ...

MAC Realty Advisors, LLC (“MAC”), as the exclusive agent, is pleased to offer

the opportunity to purchase 3435 Brown Street NW (“Property”), a boutique

apartment building located in the highly desirable Mount Pleasant

neighborhood of Washington, DC. This Property is currently a 16-unit

cooperative (co-op). The Property includes two above grade floors (8-units per

floor) and a full basement currently dedicated to storage space, utilities area,

and conference room, all of which could be converted into parking or

additional livable space.

This Property offers a unique opportunity to purchase a fully vacant building in Northwest, Washington, DC, that has significant additional FAR that is not being utilized. Further, the owners will mitigate the developer risk by allowing

an extended closing period to fully understand the development potential and close with permits to redevelop the Property and maximize value.

REA LT YADV I SORS

Bill Gribbin Director | 202.618.5110 [email protected]

Andrew McAllister Executive Director | 202.296.0007 [email protected]

Bruce Levin Executive Director | 202.296.0459 [email protected]

ADDRESS3435 Brown Street NW

Washington, DC 20010

SUBMARKET Mount Pleasant / Columbia Heights

SQUARE | LOT 2623 | 0040

ZONING RA - 4

LAND AREA 6,720 SF

FAR 3.50

WALKSCORE 91 / 100

REDEVELOPMENT OPPORTUNITY

3435 BROWN STREET NWMOUNT PLEASANT | WASHINGTON, DC

Property Side View - Oak Street NW

Property Side View - Meridian Place NW

Page 2: 3435 Brown Street NW - Flyer · 3435 BROWN STREET NW REALTY MOUNT PLEASANT | WASHINGTON, DC ADVISORS. Title: 3435 Brown Street NW - Flyer Created Date: 12/2/2019 8:28:42 PM ...

WALK SCORE

91 WALKER’S PARADISE

Giant - 0.5 Miles from Property

Purple Patch - 0.4 Miles from Property Elle - 0.3 Miles from Property Past Tense - 0.2 Miles from Property

TRANSIT SCORE

79 EXCELLENT TRANSIT

1660 Park Road NW, Mount Pleasant • 20

16TH

ST

RE

ET

NW

14TH STR

EET NW

SPRING ROAD NW

13TH STR

EET NW

11TH STREET NWSHERM

AN AVE

DCUSA Target DSW CAVA

Chic-fil-a CVS

Best Buy Starbucks Modell’s

Petco

GIANT FOOD

PROPERTY Gloria’s Lourdes Bakery

Zeba Bar

Dos Gringos Haydee’s

Beau Thai 7-Eleven

Mola Purple Patch

Subway BestWorld

Corado’s Sabydee Thai China Town Marx Cafe Marleny

Argyle Deli

Woodner Market

Mi Casita Bakery This Khao

Sheba Cafe

COLUMBIA HEIGHTS

SAFEWAYGEORGIA AVENUE

The CoupeQueen’s English

Makan

RedRocks

Room 11 Bad Saint

Wonderland Ballroom

El Chucho Odd Provisions

Rock Creek Park

0.5 Mile Radius

La Molienda The Pinch

Pizza D’Oro La Cabana

The Airedale Juanita’s Pho Viet

Tequila Mezcal

Karibbean Kitchen

Thip Khao Le Caprice

Subway Coffy Cafe

Pho 14 Los Hermanos

Mi Cuba

Tynan Coffee Lou’s City Bar

CVS

Sticky Fingers FroZenYo

Pollo Campero &Pizza

MWALK SCORE

91 WALKER’S PARADISE

TRANSIT SCORE

79 EXCELLENT

TRANSIT

NEIGHBORHOOD AMENITIES

6 9LOCATION ANALYSIS8

REDEVELOPMENT OPPORTUNITY

3435 BROWN STREET NWMOUNT PLEASANT | WASHINGTON, DC

REA LT YADV I SORS