A DC Co-op Primer

Posted by Mark Washburn on Friday, January 18th, 2019 at 10:14am.

the chastleton cooperative - 1701 16th st nw

If you’re looking for DC housing in the New Year, you need to understand what you’re buying. While some people may use the terms condo and co-op interchangeably, they’re not the same. While many co-ops started in DC in the 1920s, the first DC area co-op started in the late 1800s, well before condos arrived in the city. These days more than 100 co-ops exist in DC.

With a condo, you take on a private unit within a multi-unit property, where ownership extends to common use of certain areas. Co-op owners, meanwhile, don’t actually own their own private residential units, but rather hold a share or interest in the entire building.

Residents collectively own and manage co-ops, but a nonprofit corporation holds the property title. As for the selling price, condos and co-ops aren’t all that different.

Co-ops sometimes include lower closing costs, yet you may find condos are easier to finance. Monthly fees for co-ops, however, can be higher because they’ll sometimes include not just maintenance and amenities, but also utilities, building property taxes and the mortgage.

Typically a co-op board has to approve someone new to come to the property. While this gives some control over new residents coming in, it may make it harder to sell because a new buyer is essentially buying into a corporation, and the board has the final say.

The process often involves an interview, something you don’t have when purchasing a condo. Residents also have to abide by certain regulations and rules.

Co-ops often put restrictions on renting out units too, and rentals usually have to be approved by the co-op board. Still, co-ops and condos do have some advantages that both share. They’re often less expensive than a single-family house, plus they both offer a sense of community and there’s no yard work involved.

DC Co-op Listings

42 Properties Found. Page 1 of 4

With Unobstructed Views Of The Potomac River, T...

REDUCED 7% Photo of Listing #1006003670

$3,999,900 Active

  • 4 Beds
  • Baths
  • 3,400 ft²

Residential

2700 Virginia Ave Nw #502, Washington, DC

MLS® #1006003670

With Unobstructed Views Of The Potomac River, The Location And Exposures Are Complimented By The Absolutely Breathtaking Renovation, Maybe The Finest Offered Within The Iconic Watergate Residences. This Is A Modern Home Within One Of Washington Dc's Iconic ...

An Impeccable Renovation Marks This Stunning 2 ...

REDUCED 6% Photo of Listing #1007544452

$3,098,000 Active

  • 2 Beds
  • Baths
  • 3,200 ft²

Residential

700 New Hampshire Ave Nw #1021, Washington, DC

MLS® #1007544452

An Impeccable Renovation Marks This Stunning 2 Bedroom And Den, 2.5 Bathroom, 3,200 Square Foot Residence At Watergate South, Washington's Most Iconic And Storied Mid-century Modern Residential Building. An Expansive Floor Plan, Gourmet Kitchen With Luxury...

Best View In Washington Dc! Great River View Fr...

Photo of Listing #DCDC400456

$2,995,000 Active

  • 3 Beds
  • Baths
  • 2,589 ft²

Residential

2700 Virginia Ave Nw #501, Washington, DC

MLS® #DCDC400456

Best View In Washington Dc! Great River View From Every Main Room! ~premiere Sought-after "01" Tier Floorplan! Fantastic Panoramic View Of Potomac River Sunsets, Key Bridge, Kennedy Center And More! Long/wide Balcony And New Floor-to-ceiling Windows Surr...

Enjoy The Convenience And Amenities Of A Full S...

Photo of Listing #DCDC421318

$2,965,000 Active

  • 5 Beds
  • 6 Baths
  • 4,505 ft²

Residential

2700 Virginia Ave Nw #101/102, Washington, DC

MLS® #DCDC421318

Enjoy The Convenience And Amenities Of A Full Service Building- Watergate West While Having The Spaciousness And Patio/garden Of A Private Home. Over 1100 Square Foot Private Terrace In This Rare 5 Bedroom, 5 Full And 2 Half Bath, 4505 Square Feet, "townh...

New To The Market Is This Two Bedrooms With Den...

Photo of Listing #DCDC308168

$2,950,000 Active

  • 2 Beds
  • Baths
  • 3.89 Acres
  • 2,698 ft²

Residential

2510 Virginia Ave Nw #1407-n, Washington, DC

MLS® #DCDC308168

New To The Market Is This Two Bedrooms With Den Watergate East Penthouse. Watergate East Is One Of Washington's Most Distinguished Co-ops And Listed As A "best Address" Building. This Lovely And Scaled Apartment Is Perched On The Top Floor And Offers The Ne...

Great River View "on-the-point" Floorplan. Fant...

Photo of Listing #DCDC241296

$2,850,000 Active

  • 3 Beds
  • Baths
  • 3,170 ft²

Residential

2700 Virginia Ave Nw #902/903, Washington, DC

MLS® #DCDC241296

Great River View "on-the-point" Floorplan. Fantastic View Of Sunsets, Key Bridge And More! Dramatic Circular Entry Foyer. Eat In Kitchen With View! Juliette Balcony And Floor-to-ceiling Windows Surround Perimeter. 2 Bedrooms Plus Sitting Room That Could Be...

Wander Down The Historic Hallways Of The Waterg...

NEW Photo of Listing #DCDC422114

$2,699,000 Active

  • 3 Beds
  • 4 Baths
  • 1.76 Acres
  • 3,214 ft²

Residential

700 New Hampshire Ave Nw #402, Washington, DC

MLS® #DCDC422114

Wander Down The Historic Hallways Of The Watergate South Building And Marvel At This One-of-a-kind Renovation. Ideal For Entertaining, This Single Level Residence Covering More Than 3,200 Square Feet Of Living Space Has Been Transformed Into A Luxurious Oas...

Newly Designed Duplex.stunning Views Of Potomac...

REDUCED 9% Photo of Listing #1006069110

$1,995,000 Active

  • 2 Beds
  • Baths
  • 1,612 ft²

Residential

2500 Virginia Ave Nw #717-s, Washington, DC

MLS® #1006069110

Newly Designed Duplex.stunning Views Of Potomac River, Key Bridge-world Renowned Watergate. Imported Marble Flrs, Expansive Windows, 2 Superb Brs, Marble Baths Gourmet Kitchen ,wood Cabinets,subzero/wolf Appliances. Prime Location Near Kenn Ctr & Wash Har...

New Listing! Southwest Exposure With Sun Pourin...

Photo of Listing #DCDC364510

$1,795,000 Active

  • 3 Beds
  • 3 Baths
  • 0.57 Acres
  • 1,800 ft²

Residential

1901 Wyoming Ave Nw #11, Washington, DC

MLS® #DCDC364510

New Listing! Southwest Exposure With Sun Pouring Through 23 Custom Pella French Casement Windows That Fill The Home With Light. Open Floor Plan Allows For Easy Everyday Living And Good Flow For Entertaining. Fully Renovated Including Electrical, Wide Plank ...

Fantastic 2 Bedroom With Den/home Office. , 206...

NEW Photo of Listing #DCDC422836

$1,395,000 Active

  • 2 Beds
  • 2 Baths
  • 2,065 ft²

Residential

2500 Virginia Ave Nw #312-s, Washington, DC

MLS® #DCDC422836

Fantastic 2 Bedroom With Den/home Office. , 2065 Sq Ft. Long Balcony And Extra Breakfast Balcony. Picturesque View Of Magnolia Trees And Kennedy Center. Renovated Throughout. Great Floorplan . Open Table Space Kitchen. Large Dining Area And Living Room. A...

4 Bedroom- 2520 Sq Ft "townhouse" Style Apt In ...

Photo of Listing #1010009292

$1,295,000 Active

  • 4 Beds
  • Baths
  • 2,520 ft²

Residential

2700 Virginia Ave Nw #104, Washington, DC

MLS® #1010009292

4 Bedroom- 2520 Sq Ft "townhouse" Style Apt In Watergate. Bedroom/den On First Level. Your Own Huge Private Garden Terrace Facing Toward River & Trees Leading To Pool. Gas Grill. The Feel Of A House W/ The Convenience Of Watergate- 24 Hr Desk, Doorman Shop...

Watergate "townhouse-style" 3 Br 2.5 Ba W Priva...

REDUCED 4% Photo of Listing #1010008650

$1,290,000 Active

  • 3 Beds
  • Baths
  • 2,092 ft²

Residential

700 New Hampshire Ave Nw #107, Washington, DC

MLS® #1010008650

Watergate "townhouse-style" 3 Br 2.5 Ba W Private, Yard-sized Terrace & Gas Grill Overlooking Potomac River View.2,092 Sq Ft Completely Renovated , Custom Built-ins, Beautiful Wood Flooring, New Windows, Gourmet Open Kitchen, Italian Snaidero Cabinetry, Mie...

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