3415 Yuma Street NW

Washington, D.C. 20008

Offering Memorandum

The Offering

Summary

  • List Price Request for Offers
  • Lot Size 17,047 SF
  • Execution Multifamily Development
  • Current Product Type Structured Parking
  • Gross Building Area 41,288 SF
  • Current Zoning R-1B
  • Potential Zoning RA-2 (2.16 + Penthouse), RA-3 (3.6 + Penthouse), RA-4 (4.2 + Penthouse)
  • By-Right Uses Multifamily, Townhomes, Education, Daycare

Investment Summary

Feldman Ruel is pleased to offer for sale 3415 Yuma Street NW, a rare development opportunity in the high-demand Van Ness submarket. Although currently zoned R-1B for single-family detached homes, the site is well-positioned for a rezoning to RA-2 (2.16 FAR plus penthouse), RA-3 (3.6 FAR plus penthouse), or RA-4 (4.2 FAR plus penthouse) through a Map Amendment or Planned Unit Development (PUD) which could also yield an additional 20% density bonus. Located just off of Connecticut Avenue NW, a major commuter artery with over 36,000 vehicles per day, the subject property offers a quiet residential setting with excellent connectivity to a major thoroughfare and is located just three blocks from the Van Ness Metro station which serves the Red Line.

Investment Highlights

• Ideal for Ground-Up Development | Less than 200 Feet from Connecticut Avenue NW

• 17,047-SF Flat Rectangular Lot | Existing 41,288-SF 3-Level Parking Structure Delivered Vacant

• Potential Upzoning to RA-2, RA-3, or RA-4 via Map Amendment or Planned Unit Development (PUD)
• Strong Market Indicators | Nearby Condominium Sales Exceed $800/SF & Rental Rates Surpass $4.00/SF

• Neighborhood Amenities Include Giant Food, CVS Pharmacy, Gold’s Gym, ZIPS Cleaners, & Bread Furst

• Prime Location Just 3 Blocks North of the Van Ness-UDC Metro Station Along the Red Line

Listing Agents

Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Ryan Smith

Ryan Smith

Associate Director
Direct: (202) 318-6808