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915 3RD STREET NE
About This Property
The three-level penthouse residence offers 3 bedrooms and 3.5 baths, with generous living spaces and a thoughtful separation between entertaining areas and private quarters. The main level features an open living and dining area with Brazilian Rosewood flooring, granite countertops and Viking appliances. The upper levels include a spacious primary suite and a versatile rooftop-level family room with wet bar and powder room, creating an ideal setting for entertaining, relaxing or enjoying movie nights. Private outdoor spaces include a balcony and rooftop terrace, offering room for outdoor dining, entertaining and taking in panoramic views across the city.
The separate residence offers 2 bedrooms and 3 full baths across two levels. The main level includes an open living and dining area with Brazilian Rosewood flooring, granite countertops, Viking appliances and a full bath. The lower level features two primary bedrooms, each with an en-suite bath. With its own exterior entrance, the residence offers privacy and flexibility for guests, extended family or rental use.
Together, the two residences offer approximately 2,800 square feet of interior living space and tremendous flexibility. Enjoy the penthouse as your primary residence while generating rental income from the second unit, or acquire the entire property as an investment with two distinct residences. Two separately deeded parking spaces convey with the sale.
The location puts some of DC's most popular destinations within easy reach. Just off the vibrant H Street Corridor and convenient to NoMa, Union Market and Union Station, the property is surrounded by restaurants, cafes, shopping, nightlife and everyday conveniences. NoMa-Gallaudet U Metro and Union Station provide multiple options for getting around the city and beyond.
A distinctive opportunity to combine penthouse living, private rooftop space, additional income potential and deeded parking in one of DC's most dynamic urban locations.
Sale includes four tax IDs: 0775-2001, 0775-2002, 0775-2003 and 0775-2004, representing the two residential units and two separately deeded parking spaces.
**Unit 1:**
- 2 bedrooms
- 3 full baths
- 1,024 sq. ft.
**Unit 2 PH:**
- 3 bedrooms
- 3.5 baths
- 1,750 sq. ft.
- 2 Private rooftop decks with a wet bar
The sale includes four tax IDs: 0775-2001, 0775-2002, 0775-2003, 0775-2004, which includes the 2 separately deeded parking spaces.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Listed by Northgate Realty, LLC | $1,849,000 | |
| Listed by Northgate Realty, LLC | |||
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About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017