Tagged : d street

The Capitol Hill condo project on on D Street formerly known as Congressional Overlook is now back on the market as Congressional Mews. The project features eight units with true Victorian-era styling and upscale finishes.  With a location directly across the street from Congressional Office Buildings, Congressional Mews offers prime access to our nation's power brokers.

This project originally hit the market at the worst time and the units languished unsold as the developer was slow to adjust pricing expectations to the changing market.  Per MLS data, 23 D Street sold on 04/06/10 for $1.9M to an LLC based in Seffner, FL.  Per the DC Real Property Assessment Database records, the remaining six unsold units at Congressional Overlook were sold to a…

The Penn Quarter ranks near the top of the list of DC neighborhoods that have transformed the most over the last decade.  Sparked by the opening of the Verizon Center in 1997, the Penn Quarter is now home to over ten thousand Washingtonians living in a vibrant and exciting community.  With WalkScores in the top couple percentiles, Penn Quarter residents can truly enjoy a car-free lifestyle.

Much of the residential space in the Penn Quarter is upscale, modern and newly built within the last ten years.  With so many choices, it can be challenging to differentiate between Penn Quarter condo developments and pick the one best suited for your budget and lifestyle.  To assist in your search process, here are our favorite Penn Quarter condo developments:

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Capitol Hill Luxury New Construction

Reminiscent of a late night Billy Mays price slashing infomercial, luxury Capitol Hill development Congressional Overlook has cut prices to the bone to move the remaining inventory.  With a location directly across the street from Congressional Office Buildings and two blocks from the Capitol, this location is residential gold for DC power brokers.

The recent price cuts for the remaining Congressional Overlook units are among the most aggressive that I have seen recently in the DC luxury new construction market. Can anyone remember a 58% reduction in asking price?

All three of these units are multi-level, the A units are lower level and the B units are uppers.  Here is a resource to view the active listings at…

The West End and Capitol Hill Have Top Luxury Sales

The most expensive condo to sell in the District during April 2010 was in The West End at the 2501 Penn, located at 2501 Pennsylvania Avenue #2A, Washington, DC.  This new construction condo was completed in 2009 and is 2,732 SF and features 2 BR / 2.5 BA.  The selling price was $2.185M / $800 SF.

Congratulations to selling Realtor Anne Blakeman of Urban Pace for closing the most expensive condo sale in the District in April 2010.

Honorable mention for the 2nd most expensive DC condo sold in April 2010 was on Capitol Hill at Congressional Overlook, located at 23 D St, #23B SE Washington, DC. This new construction condo features 2 BR / 2.5 BA. The selling price was $1.9M.

Congratulations to selling…