1000 NEW JERSEY AVE SE #1224 Washington, DC 20003
2 Beds
1 Bath
823 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 823 sqft
Price per Sqft $577
Subdivision Navy Yard
MLS Listing ID DCDC2282806
Style Contemporary
Bedrooms 2
Full Baths 1
Condo Fees $632/mo
HOA Y/N N
Abv Grd Liv Area 823
Year Built 2006
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
That exceptionally low-rate mortgage conveys with the home, reducing the amount a buyer needs to finance conventionally and creating meaningful monthly savings from day one.
Inside, soaring 10-foot ceilings and dramatic floor-to-ceiling windows bring a sense of scale and natural light to the open living and dining spaces. Hardwood floors extend throughout, while a private west-facing balcony overlooks the building's beautifully landscaped interior courtyard, offering a peaceful retreat from the energy of the city.
The open kitchen is thoughtfully designed with stainless steel appliances, gas cooking, abundant cabinetry, and generous preparation space, equally suited to everyday living and entertaining. Both bedrooms are generously proportioned with large walk-in closets, while a well-appointed dual-entry bath provides convenient access from both the primary bedroom and hallway. An in-unit washer and dryer completes the home.
The monthly co-op fee of $1,609 is notably comprehensive and includes the underlying mortgage payment of approximately $670 per month at 2.89%, association dues of $632 per month, and property taxes of $307 per month.
A garage parking license also conveys with the residence, with a separate monthly maintenance fee of $99.47 paid directly to the garage operator.
Capitol Hill Tower's cooperative structure also offers a surprisingly accessible path to ownership. The minimum down payment is just 10%, calculated only on the difference between the purchase price and the underlying mortgage balance. At a $474,900 purchase price with an approximately $145,000 underlying mortgage, the amount subject to the minimum down payment would be $329,900, resulting in a minimum down payment of approximately $32,990.
The combination of a lower cash requirement and the assumable 2.89% underlying mortgage creates a compelling alternative to a traditional condominium purchase.
For investors, Capitol Hill Tower is equally appealing, with no rental restrictions beyond a six-month minimum lease term.
Residents enjoy a full-service amenity experience that includes a 24-hour concierge, newly renovated fitness center, indoor pool and spa, resident lounge and club room, and an expansive landscaped courtyard with water features, gas grills, and multiple gathering spaces. Additional conveniences include an on-site Sweetgreen and complimentary Starbucks coffee bar. Recently refreshed hallways and common areas lend the building a polished, contemporary feel without the premium associated with new construction.
And then there is the location. Metro and Whole Foods are just one block away, while Yards Park, Harris Teeter, VIDA Fitness, acclaimed restaurants, neighborhood cafés, shopping, and nightlife are all within a few blocks.
At Capitol Hill Tower, sophisticated interiors, exceptional amenities, garage parking, and one of Navy Yard's most convenient locations come together with a financing structure that is increasingly difficult to replicate.
Location
State DC
County Washington
Zoning D-5
Rooms
Main Level Bedrooms 2
Interior
Interior Features Kitchen - Gourmet, Combination Dining/Living, Breakfast Area, Wood Floors, Window Treatments, Floor Plan - Open, Bathroom - Tub Shower, Combination Kitchen/Dining, Combination Kitchen/Living, Primary Bath(s), Walk-in Closet(s)
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Equipment Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Fireplace N
Appliance Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Heat Source Natural Gas
Laundry Dryer In Unit, Washer In Unit
Exterior
Exterior Feature Balcony
Parking Features Underground, Inside Access
Garage Spaces 1.0
Amenities Available Bar/Lounge, Common Grounds, Concierge, Elevator, Exercise Room, Hot tub, Meeting Room, Newspaper Service, Party Room, Pool - Indoor, Other, Spa, Fitness Center, Swimming Pool
Water Access N
Accessibility Elevator
Porch Balcony
Attached Garage 1
Total Parking Spaces 1
Garage Y
Private Pool Yes
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 823
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Custodial Services Maintenance,Ext Bldg Maint,Lawn Maintenance,Management,Insurance,Other,Pool(s),Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Underlying Mortgage,Water
Senior Community No
Tax ID NO TAX ID
Ownership Cooperative
SqFt Source 823
Security Features Desk in Lobby,Doorman,24 hour security,Exterior Cameras,Fire Detection System,Intercom,Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
