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Mitchell Belcher
Managing Director
425.891.9594
mitchell.belcher@berkadia.com
Steven Chattin
Managing Director
425.269.3826
steven.chattin@berkadia.com
Jay Timpani
Managing Director
206.999.3206
jay.timpani@berkadia.com
INVESTMENT ADVISORS
Primary Contact:
Mitchell Belcher
Managing Director
425.891.9594
mitchell.belcher@berkadia.com
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Address
City, State, Zip
Price
Units
Parking
Built
Building Size
Lot Size
Zoning
Parcels
3405-3417 Harbor Ave SW
Seattle, WA 98126
$46,000,000
115
60 spaces
2024
47,569 NRSF
16,036 / 0.37 acres
C1-55 (M)
7987400150, 7987400140
7987400130
Chad Blenz
Senior Director
206.491.2008
chad.blenz@berkadia.com
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
contact
Phone: 206.521.7220
Fax: 206.521.7222
Privacy | Terms of Use
The Opportunity
/ Brand new 6-story build in West Seattle adjacent to confluence of Harbor Avenue, SW Admiral Way, and the West Seattle Bridge
/ 115 one and two-bed units developed by Housing Diversity Corporation with architecture by Atelier Drome; TCO expected in July 2024
/ Qualifies for Multifamily Tax Exemption Program with 23 rent-restricted units, allowing ownership to receive a property tax exemption
/ Amenities include 60 parking spaces, rooftop deck and clubhouse with expansive Puget Sound and Seattle skyline views, lobby, elevator service, bike storage, storage lockers, and package room
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Brandon Lawler
Senior Director
206.484.8114
brandon.lawler@berkadia.com
/ Light Rail stop proposed within walking distance; 1-minute walk to Harbor Ave bus stop; 1 mile from King County Water Taxi dock; Highway 99 and I-5 accessible within a 5-minute drive
Chad Blenz
Senior Director
206.491.3826
chad.blenz@berkadia.com
brandon lawler
Senior Director
206.484.8114
brandon.lawler@berkadia.com
Jay Timpani
Managing Director
206.999.3206
jay.timpani@berkadia.com
Steven Chattin
Managing Director
425.269.3826
steven.chattin@berkadia.com
Mitchell Belcher
Managing Director
425.891.9594
mitchell.belcher@berkadia.com
INVESTMENT ADVISORS
Our team
Back to Top
View Listings
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
contact
Phone: 206.521.7220
Fax: 206.521.7222
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
3405-3417 Harbor Ave SW
Seattle, WA 98126
Units
115
Parking
60 spaces
Lot size
0.37 acres
zoning
C1-55 (M)
Price
$46M
Mitchell Belcher | Managing Director
425.891.9594
mitchell.belcher@berkadia.com
425.891.9594
mitchell.belcher@berkadia.com
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Our Team
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The Opportunity
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View Opportunity
/ Brand new 6-story build in West Seattle adjacent to confluence of Harbor Avenue, SW Admiral Way, and the West Seattle Bridge
/ 115 one and two-bed units developed by Housing Diversity Corporation with architecture by Atelier Drome; TCO expected in July 2024
/ Light Rail stop proposed within walking distance; 1-minute walk to Harbor Ave bus stop; 1 mile from King County Water Taxi dock; Highway 99 and I-5 accessible within a 5-minute drive
/ Amenities include 60 parking spaces, rooftop deck and clubhouse with expansive Puget Sound and Seattle skyline views, lobby, elevator service, bike storage, storage lockers, and package room
/ Qualifies for Multifamily Tax Exemption Program with 23 rent-restricted units, allowing ownership to receive a property tax exemption
Built
2024
Pre-TCO Build with 115 Units in West Seattle
Option to be Delivered Fully Vacant at Closing
Pre-TCO Build with 115 Units in West Seattle Option to be Delivered Fully Vacant at Closing
Brandon Grisham
Senior Managing Director
206.296.2077
brandon.grisham@berkadia.com
brandon grisham
Senior Managing Director
206.296.2077
brandon.grisham@berkadia.com