A DC Co-op Primer

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

DC Cooperatives For Sale

71 Properties
Page 1 of 6
$5,444,000
Neighborhood: Watergate
5
Beds
4F21/2
Baths
4,465
Sq.Ft.
1968
Year Built
27
Days on Site
DCDC2139502
MLS
$3,800,000
Neighborhood: Massachusetts Avenue Heights
2
Beds
3F21/2
Baths
4,850
Sq.Ft.
1965
Year Built
11
Days on Site
DCDC2139806
MLS
$3,795,000
Neighborhood: Foggy Bottom
2
Beds
2F21/2
Baths
4,640
Sq.Ft.
1965
Year Built
1400
Days on Site
DCDC472232
MLS
$3,333,000
Neighborhood: Watergate
3
Beds
2F11/2
Baths
2,735
Sq.Ft.
1968
Year Built
48
Days on Site
DCDC2136006
MLS
$3,150,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
2,740
Sq.Ft.
1970
Year Built
68
Days on Site
DCDC2133318
MLS
$2,750,000
Neighborhood: Kalorama
3
Beds
3
Baths
3,150
Sq.Ft.
1917
Year Built
103
Days on Site
DCDC2127214
MLS
$2,195,000
Neighborhood: Massachusetts Avenue Heights
2
Beds
2F11/2
Baths
2,569
Sq.Ft.
1964
Year Built
14
Days on Site
DCDC2141528
MLS
$2,111,000
Neighborhood: Watergate
2
Beds
2F11/2
Baths
1,730
Sq.Ft.
1968
Year Built
48
Days on Site
DCDC2136010
MLS
$1,795,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,036
Sq.Ft.
1971
Year Built
56
Days on Site
DCDC2116956
MLS
Open 6/2
2808 Battery Place NW Washington,  DC 20016
$1,700,000
Neighborhood: Kent
3
Beds
3F11/2
Baths
3,200
Sq.Ft.
1975
Year Built
5
Days on Site
DCDC2135006
MLS
$1,595,000
Neighborhood: Foggy Bottom
2
Beds
2F11/2
Baths
1,815
Sq.Ft.
1970
Year Built
46
Days on Site
DCDC2136778
MLS
$1,575,000
Neighborhood: Massachusetts Avenue Heights
1
Beds
1F11/2
Baths
1,850
Sq.Ft.
1965
Year Built
129
Days on Site
DCDC2125128
MLS

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