1483 Newton St NW, Washington DC 20010
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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.
© 2025 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.
4445 Willard Avenue, Suite 1200
Chevy Chase, MD 20815
Phone: 301.202.3550
Fax: 301.656.2451
Berkadia - Investment Sales
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Robert Meehling
Senior Managing Director 301.202.3553 bobby.meehling@berkadia.com DC, DRE #BR40000206
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Louis Jacobe
Director 240.396.1088 louis.jacobe@berkadia.com DC, DRE #SP200203315
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The Berkadia Real Estate Advisors team is pleased to exclusively present The Isabella (the ‘Property’) for sale- a 39-unit renovated multifamily community in the vibrant Columbia Heights submarket of Northwest Washington, DC. This Property is in an exceptional location with DC’s largest retail development, DC USA, just a quarter mile away. Surrounding the Property are a variety of local dining establishments and recreational facilities. The Columbia Heights Metro station is 0.30 miles from the Isabella, offering convenient access to the broader DC area’s amenities and employment hubs. Future ownership has a compelling value-add opportunity to boost top line revenue while adhering to DC rent control guidelines. The Isabella’s prime location, robust tenant demand, and potential for value appreciation make it a highly attractive investment opportunity.
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Value-add potential
01
Transit Oriented
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PROPERTY DESCRIPTION
Address Year Built | Renovated Total Units Total Buildings Number of Stories Average Unit Size Net Rentable Area Land Area Zoning Tax ID Tax Milage Rate 2025 Tax Assessment
Building Style Laundry Utilities
Trash Removal Pet Income
ADA Accessible Sprinkler
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berkadia – financing
Ted Hermes
Managing Director 703.408.7701 ted.hermes@berkadia.com
Phil Brannigan
Senior Director 781.801.2378 phil.brannigan@berkadia.com
LOCATION
1483 Newton St NW, Washington, DC 20010 1910 | 2015 39 1 4 491 SF 19,167 SF 10,080 SF RA-2 2681- -0685 $0.85 per $100 assessed value $5,097,090 ($1,057,490 land value, $4,039,600 building value) Mid-Rise, Masonry In unit washer/dryers & laundry facilities Gas, Sewer, and Water are included in monthly rent Tenant pays electricity directly to the utility provider Included in monthly rent $300 one time non-refundable fee, $50/month per pet Yes System throughout entire property
UNITS
39
AVG UNIT SF
491
UW RENT
$1,892
UW RENT/SF
$3.85
YEAR BUILT
1910
TOTAL RENTABLE SF
19,167
Opportunity to enhance rental income to the maximum available within DC rent control guidelines
0.30 Miles to Columbia Heights Metro (Green Line), 96 Walk Score, 90 Bike Score
Situated within walking distance of a prime mix of local boutique retailers and major lifestyle brands, including DC’s largest retail development
Submarket Amenities
03
Complete renovation of historic building and its units completed by current ownership, ensuring modernized features and enhanced appeal
Major Capital Improvements Completed
04
Property has entire sprinkler system in place and an ADA accessible unit
Extraordinary Capital Items
05
Natalie Hershey
Associate Director 301.941.4632 natalie.hershey@berkadia.com