Investment Overview

Marcus & Millichap is pleased to present the exceptional investment opportunity located at 5419 1st Street NW in Washington, D.C. The asset consists of a newly constructed mixed-use property comprised of multifamily, office, and retail components. Encompassing approximately 12,800 rentable square feet, the asset offers a diversified income stream supported by both residential and commercial tenancy, creating a compelling opportunity for investors seeking stable cash flow and long-term value appreciation. The residential portion of the property consists of four spacious five-bedroom, four-bathroom units with a projected rental rate of $7,004 per month ($4.12/SF). Complementing the residential component are five professionally designed studio office suites, each totaling approximately 555 square feet and projected to lease for $1,803 per month ($38.97/SF). This balanced tenant mix provides multiple revenue sources while reducing exposure to any single market segment. The property is projected to achieve a strong 8.79 percent pro forma capitalization rate and a 11.82 percent stabilized cash-on-cash return, underscoring its attractive income-producing potential. With a projected effective gross income of $471,789 and projected net operating income of $369,262, the asset offers investors an opportunity to acquire a newly delivered property with minimal deferred maintenance concerns and significant income-generating capability from day one. This new construction mixed-use investment combines modern design, diversified tenancy, and strong projected financial performance, positioning it as an attractive addition to both private and institutional real estate portfolios.