57 N St NW Unit 221, Washington, DC 20001

$281,139 Asking Price

2 beds
1 bath
791  sqft
Built in 2018

IZ Unit | 57 N Street NW #221 | 2 BD | 1 BA | Walk-in Closets | Floor-to-Ceiling Windows | Stainless Steel Appliances | Exposed Brick | Rooftop Deck | Welcome to Chapman Stables, located in the heart of NoMa! This modern, luxury building was lovingly restored in 2018 from the historic Chapman Coal Company building, which was built on the site of a stable that originally occupied the lot. The building preserves several historical elements, including the 1906 facade, original exterior windows, and a unique car elevator that once lifted coal cars to the upper-level service bay. Unit 221 features two spacious bedrooms, floor-to-ceiling windows, walk-in closets, hardwood floors, exposed brick, a Bosch stacked washer/dryer, stainless steel appliances, and a bathroom with a quartz-countered vanity and bespoke tile selections. Pursuant to the District of Columbia Inclusionary Zoning Program, income restricted units are available at this development. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI unit, by household size: $99,000(2 people) $111,400(3 people) $123,750 (4 people) $133,650 (5 people). Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. The minimum occupancy requirement of at least 1 person per bedroom. The unit must remain the owner’s continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage. This unit is available via the IZ program. To become eligible for the IZ purchase units, complete steps 1, 2 and 3 on the DC DHCD website. Click on “Services” then “Inclusionary Zoning Registration. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.

Features & Amenities

Interior

Laundry:
Y
A/C:
Central A/C
Heating:
Y, Central, Electric
Disability Feature:
Elevator

Exterior

General:
Above Grade,Below Grade
Style:
Contemporary

Construction

General:
Brick,Other,Mixed, 1

Location

HOA Amenities:
Elevator,Concierge, Reserve Funds,Water,Insurance,Management, 623.85, Monthly
Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
MU-4, 0617//2057
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
TTR Sotheby's International Realty, Spencer James Hodgson

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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