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

70 Properties
Page 1 of 6
$3,899,000
Neighborhood: Foggy Bottom
3
Beds
3F21/2
Baths
4,000
Sq.Ft.
1965
Year Built
158
Days on Site
DCDC2056338
MLS
Rarely available, corner unit with unobstructed views from every room of the Potomac River from Georgetown to the Memorial Bridge including the city of Arlington skyline! Completely renovated, double...
$3,795,000
Neighborhood: Foggy Bottom
2
Beds
2F21/2
Baths
4,640
Sq.Ft.
1965
Year Built
859
Days on Site
DCDC472232
MLS
NEW PRICE: The best view in a Best Address co-op! This Watergate penthouse defines DC's luxury living and design. Possibly the finest renovation ever offered within the iconic Watergate Cooperative....
$3,085,000
Neighborhood: Watergate
4
Beds
4F11/2
Baths
3,375
Sq.Ft.
1971
Year Built
68
Days on Site
DCDC2068788
MLS
Extremely rare Watergate opportunity! Two adjacent apartments on the 11th floor with spectacular river views are for sale! Floor plans can be combined into one spacious 3375 sq ft breathtaking home....
$2,925,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,650
Sq.Ft.
1968
Year Built
53
Days on Site
DCDC2070802
MLS
With its twin balconies overlooking the Kennedy Center and down to National Harbor on one side and up to and beyond Key Bridge on the other side, Unit 1209 is a premier residence perched atop...
$2,795,000
Neighborhood: Foggy Bottom
2
Beds
3
Baths
3,350
Sq.Ft.
1971
Year Built
60
Days on Site
DCDC2061594
MLS
Rare opportunity at Watergate South! Double-unit Penthouse residence spanning 3350 square feet. Reimagine this expansive living space with abundant sunlight and beautiful vistas in the open-concept...
$2,599,000
Neighborhood: Cleveland Park
4
Beds
2F11/2
Baths
3,600
Sq.Ft.
1928
Year Built
164
Days on Site
DCDC2053524
MLS
Welcome to the crown jewel of Tilden Gardens, Unit ONE-I with private gated entrance and patio. Renovated with the finest in craftsmanship and millwork and enveloped in lush greenery from the...
$2,400,000
Neighborhood: Lanier Heights
3
Beds
3
Baths
2,768
Sq.Ft.
1905
Year Built
40
Days on Site
DCDC2071504
MLS
NEW LISTING. Premier Ontario Penthouse brings together modern interiors in an iconic Beaux Arts building set on three verdant acres. It will be shown by appointment only. The Ontario 605|607, is an...
$2,150,000
Neighborhood: Massachusetts Avenue Heights
1
Beds
2F11/2
Baths
2,450
Sq.Ft.
1964
Year Built
162
Days on Site
DCDC2054814
MLS
Rare offering - fully renovated one-level unit, with 1br+office/2.5BA, beautiful hardwood floors, high ceilings, thick crown molding, and recessed lighting throughout. A gracious entry foyer leads to...
$1,999,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,340
Sq.Ft.
1968
Year Built
401
Days on Site
DCDC2018958
MLS
Architecturally-designed stunning full renovation. 3,340 sq ft interior on the 12th floor with bright 180-degree cityscape view. Fantastic features and details. Long 85 ft balcony with extra wide...
3
Beds
2F11/2
Baths
1,908
Sq.Ft.
1971
Year Built
290
Days on Site
DCDC2036534
MLS
Spectacular, sunny and spacious, rare corner 3 bedroom with direct river view and 90 foot wrap-around balcony. Best river view ! Sought-after floor plan with large master suite and separate...
$1,995,000
Neighborhood: Watergate
3
Beds
3F11/2
Baths
2,295
Sq.Ft.
1971
Year Built
74
Days on Site
DCDC2067984
MLS
Beautifully renovated 3 bedroom townhouse style floorplan at The Watergate. Featuring rare bedroom on the main floor. 2295 sq ft interior plus a terrific private terrace with gas grill hookup and...
$1,850,000
Neighborhood: Foggy Bottom
4
Beds
3F11/2
Baths
2,740
Sq.Ft.
1970
Year Built
156
Days on Site
DCDC2044774
MLS
Spacious Three-Bedroom & den with Potomac River View! Bright 2,740 square foot interior with 3 bedrooms & den, 4.5 baths. Wide balcony and new floor-to-ceiling windows along the perimeter. River,...

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