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42 N St NE 0.2 Acres of Commercial Land in Washington, DC 20002
Investment Highlights
- Conceptual Plans for a 218-Unit Multifamily Development with Potential to Increase Unit Count
- Transit-Oriented Location | 1 Block from the NoMa–Gallaudet Metro Station
- Nearby Amenities Include Union Market, Trader Joes, REI, Starbucks, & More
- Flexible D-5 Zoning | No FAR Limitation & No Inclusionary Zoning Requirements
- High Visibility & Traffic Exposure Along New York Avenue NE | +52,000 VPD
Executive Summary
Feldman Ruel is pleased to offer for sale 42 N Street NE, a development opportunity located in Washington, D.C.’s NoMa submarket, one of the District's most dynamic and rapidly evolving areas. The subject property benefits from flexible zoning, access to public transportation, and proximity to both retail amenities and major employment centers. The surrounding area has experienced sustained development activity and continued institutional investment across residential and office product types. With strong visibility along New York Avenue NE, a major arterial corridor, and preliminary architectural plans in place, the subject property is a rare opportunity to capitalize on the sustained demand for a high-quality, well-located, urban development site.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Property Type | Land | No. Stories | 3 |
| Property Subtype | Commercial | ||
| Zoning | D-5 - Downtown (D) zones | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.20 AC |
| No. Stories | 3 |
| Zoning | D-5 - Downtown (D) zones |
1 Lot Available
Lot
| Lot Size | 0.20 AC |
| Lot Size | 0.20 AC |
17,482-Square-Foot Parcel with D-5 Zoning One Block from the NoMa-Gallaudet Metro Station
Description
17,482-Square-Foot Parcel with D-5 Zoning One Block from the NoMa-Gallaudet Metro Station
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,114,944 CAD | |
| Land Assessment | $34,078,286 CAD | Total Assessment | $36,193,231 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$34,078,286 CAD
Improvements Assessment
$2,114,944 CAD
Total Assessment
$36,193,231 CAD
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42 N St NE
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