1920 Eye St NW
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1920 Eye St NW
5,000 SF 100% Leased Office Building Washington, DC 20006 £2,567,532 (£514/SF)
Investment Highlights
- Nestled between Pennsylvania Avenue and Eye Street, the block is filled with restaurants, embassies, office, multifamily and retail uses.
Executive Summary
Newmark has been exclusively retained to offer for sale 1920 I Street, NW, a beautifully restored rowhome located on the south side of I
Street, between 19th and 20th Streets NW in the Foggy Bottom neighborhood of Washington DC. This elegant, meticulously renovated
commercial townhome has been owned and occupied by a technology based consulting firm for the last 20 years. Features of the building
include high ceilings, oversized windows, large open spaces for internal meetings and gatherings and a separate entrance to the common area.
Renovation improvements include bathrooms, kitchen, cabling and wiring and creation of a penthouse office space.
The location is unparalleled within blocks of both the Foggy Bottom and Farragut West Metro stops. 1920 I Street NW has a Walk Score of 99
out of 100. The location is a walker’s paradise with no car required for daily errands. The building is less than a five minute walk from Farragut
West, Foggy Bottom and Dupont Circle Metro stops covering all of the Metro lines in and out of the District. Retail is abundant from the food
halls at 2000 Pennsylvania Avenue and I Square to Whole Foods and countless restaurants, hotels and nightlife spots.
The building was constructed in 1900, renovated in 2001 and extensively renovated by the current owner in 2018. The building is 5000
square feet on five levels, and the lot is approximately 915 square feet. The property is zoned D-5 which permits high density development
with incentives for residential use in predominately non-residential areas. The D-5 zone allows for 110 feet in height with maximum lot
coverage and the ability to build within 4 feet of the build-to line. Given the flexible zoning and exceptional location, 1920 I is ideal for
continued office use or conversion to a residential use.
Street, between 19th and 20th Streets NW in the Foggy Bottom neighborhood of Washington DC. This elegant, meticulously renovated
commercial townhome has been owned and occupied by a technology based consulting firm for the last 20 years. Features of the building
include high ceilings, oversized windows, large open spaces for internal meetings and gatherings and a separate entrance to the common area.
Renovation improvements include bathrooms, kitchen, cabling and wiring and creation of a penthouse office space.
The location is unparalleled within blocks of both the Foggy Bottom and Farragut West Metro stops. 1920 I Street NW has a Walk Score of 99
out of 100. The location is a walker’s paradise with no car required for daily errands. The building is less than a five minute walk from Farragut
West, Foggy Bottom and Dupont Circle Metro stops covering all of the Metro lines in and out of the District. Retail is abundant from the food
halls at 2000 Pennsylvania Avenue and I Square to Whole Foods and countless restaurants, hotels and nightlife spots.
The building was constructed in 1900, renovated in 2001 and extensively renovated by the current owner in 2018. The building is 5000
square feet on five levels, and the lot is approximately 915 square feet. The property is zoned D-5 which permits high density development
with incentives for residential use in predominately non-residential areas. The D-5 zone allows for 110 feet in height with maximum lot
coverage and the ability to build within 4 feet of the build-to line. Given the flexible zoning and exceptional location, 1920 I is ideal for
continued office use or conversion to a residential use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
£2,567,532
Price Per SF
£514
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
1,000 SF
Building FAR
3.83
Land Acres
0.03 AC
Zoning
D-5 - high density commercial development
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suitable for one user of the whole 5,000 sft.
Suitable for one user of the whole 5,000 sft.
Suitable for one user of the whole 5,000 sft.
Suitable for one user of the whole 5,000 sft.
Suitable for one user of the whole 5,000 sft.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,000 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 1,000 SF | Office | Full Build-Out | 30 Days |
| 3rd Floor | 1,000 SF | Office | Full Build-Out | 30 Days |
| 4th Floor | 1,000 SF | Office | Full Build-Out | 30 Days |
| 5th Floor | 1,000 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
4th Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
5th Floor
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 1,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suitable for one user of the whole 5,000 sft.
2nd Floor
| Size | 1,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suitable for one user of the whole 5,000 sft.
3rd Floor
| Size | 1,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suitable for one user of the whole 5,000 sft.
4th Floor
| Size | 1,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suitable for one user of the whole 5,000 sft.
5th Floor
| Size | 1,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suitable for one user of the whole 5,000 sft.
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 0118-0026 | Improvements Assessment | £831,698 |
| Land Assessment | £503,658 | Total Assessment | £1,335,356 |
PROPERTY TAXES
Parcel Number
0118-0026
Land Assessment
£503,658
Improvements Assessment
£831,698
Total Assessment
£1,335,356
-
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Newmark
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