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

45 Properties Found. Page 1 of 4

A Modernist Masterpiece Designed By Robert Gurn...

Photo of Listing #DCDC424968

$2,795,000 Active

  • 3 Beds
  • 3 Baths
  • 2,800 ft²

Residential

2101 Connecticut Ave Nw #24, Washington, DC

MLS® #DCDC424968

A Modernist Masterpiece Designed By Robert Gurney (faia) In An Iconic Kalorama Co-op. Renovated By Added Dimensions, This Meticulous Design Features Ornate Finishes, Extensive Built-in Storage And Custom Woodwork Throughout. Full-service Building Features 2...

*amazing New Price* Wander Down The Historic Ha...

NEW Photo of Listing #DCDC435576

$2,399,900 Active

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

Residential

700 New Hampshire Ave Nw #402, Washington, DC

MLS® #DCDC435576

*amazing New Price* 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 ...

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

REDUCED 24% Photo of Listing #DCDC308168

$2,250,000 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...

Beautiful Renovated 4 Bedroom & Den With 4 Full...

REDUCED 9% Photo of Listing #DCDC426684

$1,999,000 Active

  • 4 Beds
  • 4 Baths
  • 2,850 ft²

Residential

2510 Virginia Ave Nw #705-n, Washington, DC

MLS® #DCDC426684

Beautiful Renovated 4 Bedroom & Den With 4 Full Baths. Bright, Contemporary 2,850 Square Foot Interior With Corner Open Floor Plan On 2 Levels- Perfect For Living And Entertaining. 110 Ft Tiled Wrap-around Balcony With Built In Planters And Brazilian Hardw...

Newly Designed Duplex.stunning Views Of Potomac...

Photo of Listing #DCDC432494

$1,995,000 Active

  • 2 Beds
  • Baths
  • 1,612 ft²

Residential

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

MLS® #DCDC432494

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...

Price Reduced $100k! Southwest Exposure With Su...

Photo of Listing #DCDC433364

$1,695,000 Active

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

Residential

1901 Wyoming Ave Nw #11, Washington, DC

MLS® #DCDC433364

Price Reduced $100k! 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, Wid...

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

REDUCED 3% Photo of Listing #DCDC422836

$1,360,000 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...

This Lovely Watergate South Renovated Unit Has ...

Photo of Listing #DCDC429116

$1,299,000 Active

  • 2 Beds
  • 2 Baths
  • 1.76 Acres
  • 1,735 ft²

Residential

700 New Hampshire Ave Nw #717, Washington, DC

MLS® #DCDC429116

This Lovely Watergate South Renovated Unit Has Floor To Ceiling Windows That Curve With The Architecture Of The Building Allowing For Sun-filled Rooms. The Unit Offers Two Bedrooms With Two Full Renovated Baths With 1,735 Sq/ft Of Living Space. The Renovate...

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

REDUCED 8% Photo of Listing #1010009292

$1,195,000 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...

New Price. Beautifully Proportioned Rooms, With...

REDUCED 5% Photo of Listing #DCDC309644

$990,000 Active

  • 3 Beds
  • 2 Baths
  • 2,200 ft²

Residential

4000 Cathedral Ave Nw #704b, Washington, DC

MLS® #DCDC309644

New Price. Beautifully Proportioned Rooms, With High Ceilings Are A Hallmark Of This Gracious, Elegant Large Apartment On The Bright And Sunny Seventh Floor. There Are Three Exposures And Views Of The National Cathedral. An Inviting Spacious Hall Leads To...

3 Bedroom 2294 Sq Ft "townhouse" Style Apt In W...

REDUCED 11% Photo of Listing #1002040062

$975,000 Active

  • 3 Beds
  • Baths
  • 2,294 ft²

Residential

700 New Hampshire Ave Nw #120, Washington, DC

MLS® #1002040062

3 Bedroom 2294 Sq Ft "townhouse" Style Apt In Watergate W/ Your Own Private Garden Terrace (over 400 Sq Ft) & Gas Grill Leading To Beautiful Saltwater Pool.the Feel Of A House W/ The Convenience Of Watergate- Your Own 24 Hr Desk, Doorman Shops, & Amenities...

Welcome To 348-349b At The Westchester Thi...

Photo of Listing #DCDC428782

$929,900 Active

  • 2 Beds
  • 2 Baths
  • 10.46 Acres
  • 1,940 ft²

Residential

4000 Cathedral Ave Nw #348-349b, Washington, DC

MLS® #DCDC428782

Welcome To 348-349b At The Westchester This Stunning Completely Renovated Two Bedroom- Two Bathroom Apartment At The Westchester Was Originally Two Units That Have Been Seamlessly Combined For Over 1940 Sq. Ft. Of Grand Living Space In The City. Throu...

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