About This Home

This 2-bedroom, 1-bathroom condo at 80 NEW YORK Avenue NW #402 in Washington, DC is listed for $374,900 ($445 per sqft). Built in 1925, the home offers 842 sqft of living space on a N/A lot.

Key Features

  • Built in 1925

Property Details

1 story
1 full
#402
1925

Amenities

A/C
Listing Description

High-Yield Investment Property, Instant Cash Flow: Secure a premier asset with immediate cash flow potential in one of Washington, D.C.'s high-demand rental markets. This updated 2-bedroom, 1-bathroom condominium offers an exceptional rate of return, projecting a gross annual rental income of $35,400 based on a rental value of $2,950 per month.

Whether you are looking to expand your portfolio or execute a 1031 exchange, this asset delivers both strong immediate yields and long-term historic equity growth, this property delivers an outstanding 9.44% Gross Rate of Return. Coupled with a guaranteed lease transferring through August 2027, this represents a low-risk addition to any real estate portfolio with immediate, high-yield cash flow from day one.

Located in sought-after Eckington with close proximity to the metro, this 4th floor unit comes with views of the city and features an open-concept floor plan designed to maximize space and natural light. It comes fully upgraded with brand-new hardwood plank flooring, fresh neutral paint, a kitchen equipped with premium quartz countertops and newer appliances.

The low-maintenance, turnkey nature of this property ensures minimized capital expenditures and immediate tenant placement. Current lease transfers to buyer, fully occupied until August 2027 and unit cannot be shown until then.

Monthly Cost Estimate

$2,529/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109
HOA$524

Estimates only. Actual payments may vary.

Location

80 NEW YORK Avenue NW #402

Washington, DC 20001

CONVENTION CENTER

Features & Amenities

Interior Features

Kitchen - Galley

Property Details

Construction

Brick

Parking

On StreetParking Lot

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom condo at 80 NEW YORK Avenue NW is listed at $374,900 ($445/sqft). The estimated monthly payment is $2,529 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $524/month.

Key features include: Built in 1925. Interior Features: Kitchen - Galley.

This property is listed by Barri McClellan.

BM

Barri McClellan

License sp98372805

Agent at RLAH @properties

Listed by RLAH @properties · Broker phone: (301) 652-0643 · View on Broker Site · Broker website

MLS# DCDC2280670· Source: Bright MLS· 61 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

80 NEW YORK Avenue NW #402, Washington, DC 20001

Open this listing in: