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

63 Properties
Page 1 of 6
$3,995,000
Neighborhood: Foggy Bottom
2
Beds
2F21/2
Baths
4,640
Sq.Ft.
1965
Year Built
702
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....
$3,595,000
Neighborhood: Foggy Bottom
4
Beds
3F11/2
Baths
3,678
Sq.Ft.
1965
Year Built
69
Days on Site
DCDC2043130
MLS
With unobstructed views of the Potomac River, the breathtaking exposures are complemented and enhanced by the absolutely impeccable renovation, maybe the finest offered within the iconic Watergate...
$3,250,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,650
Sq.Ft.
1968
Year Built
8
Days on Site
DCDC2052224
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...
$2,599,000
Neighborhood: Cleveland Park
4
Beds
2F11/2
Baths
3,600
Sq.Ft.
1928
Year Built
7
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...
$2,495,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
2,972
Sq.Ft.
1971
Year Built
233
Days on Site
DCDC2020422
MLS
A Symphony of River Views, Superb Floor Plan, and a Stunning Renovation! Sought-after floor plan, 2,972 square feet of luxurious living space. 2 bedrooms + spacious office/study, 3 + plus powder room....
$2,400,000
Neighborhood: Massachusetts Avenue Heights
2
Beds
2F11/2
Baths
2,550
Sq.Ft.
1964
Year Built
58
Days on Site
DCDC2047244
MLS
Extraordinary opportunity to acquire a High Floor Fully Renovated Two Bedroom with Two Beautiful Full Marble Baths and Powder Room at the fabled Shoreham West Cooperative. 2550 Square Feet with Two...
$2,395,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,340
Sq.Ft.
1968
Year Built
244
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...
$2,350,000
Neighborhood: Massachusetts Avenue Heights
1
Beds
2F11/2
Baths
2,450
Sq.Ft.
1964
Year Built
5
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...
$2,290,000
Neighborhood: Watergate
5
Beds
5F21/2
Baths
4,505
Sq.Ft.
1970
Year Built
274
Days on Site
DCDC2015920
MLS
5 bedroom town house style plan lets you enjoy the convenience and amenities of the Watergate with the spaciousness and "back yard: patio/garden of a private home. Over 1100 square foot terrace in...
3
Beds
2F11/2
Baths
1,908
Sq.Ft.
1971
Year Built
133
Days on Site
DCDC2036534
MLS
Spectacular, sunny and spacious, rare corner 3 bedroom with direct river view and 90 foot wrap-around balcony. Sought-after floor plan with large master suite and separate "wing" for privacy...
$1,995,000
Neighborhood: Foggy Bottom
3
Beds
3F11/2
Baths
3,036
Sq.Ft.
1971
Year Built
103
Days on Site
DCDC2039924
MLS
Perfect floorplan! 3036 sq ft includes 3 bedroom and den, 3.5 baths. Expansive living room, office/den, dining area, gourmet kitchen, breakfast/family room, fitness room. Floor to ceiling or...
$1,994,999
Neighborhood: Kalorama
4
Beds
3F11/2
Baths
3,200
Sq.Ft.
1928
Year Built
48
Days on Site
DCDC2049334
MLS
Motivated Seller! $200,000 Price Drop! At a grand 3,200 sq. ft., this corner unit in Kalorama's iconic 2101 Connecticut Ave NW co-operative has been recently overhauled by Landis Architects/Builders....

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