1000 New Jersey Avenue #1224, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2282806, Listed By: Andrew Peers, Compass, Source:Bright MLS

1000 New Jersey Avenue #1224

WASHINGTON, DC 20003
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$474,900 $2,002/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt823

Sqft

Sophisticated Navy Yard living meets a financing opportunity that is increasingly hard to find. This beautifully appointed two-bedroom residence at Capitol Hill Tower offers a private balcony, garage parking, and an underlying mortgage of approximately $145,000 at just 2.89%. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $474,900

AD Id : 91356672

MLS Id : DCDC2282806

Beds : 2

Living Area Size : 823 Sq. Ft

Year Built : 2006

Garage : 1

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

  • Flooring Information

    Wood, Hardwood

  • Interior Features

    Walk-In Closet(s), Open Floorplan Appliances: Gas Range, Gas Oven, Gas Water Heater, Washer, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Microwave, Dryer Laundry Features: Washer Hookup Window Features: Window Coverings, Window Treatments

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2006 Building Area Total: 823 Construction Materials: Brick Pool Features: Community Private Pool: No

  • Exterior Features

    Exterior Features: Barbecue, Balcony

  • Property Information

    Subdivision: NAVY YARD Source Property Type: Residential Property SubType: Stock Cooperative Levels: One Property Age: 20

  • Listing Price Information

    Listing Price: $474900

  • Tax Information

    Parcel Number: NO TAX ID Tax Year: 2025

  • Parking Information

    Parking Total: 1 Off Street, Unassigned, Secured, Garage, Underground, Inside Entrance, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: Cats OK, Dogs OK, Yes
    Homeowners Association Information
    Included Fees: Insurance, Sewer, Snow Removal, Trash, Water, Maintenance Structure Association Amenities: Concierge, Meeting Room, Party Room, Other, Fitness Center, Elevator(s), Spa/Hot Tub Community Features: Pool

  • Location Information

    Direction: 1 Block North on New Jersey Ave from Navy Yard Metro. WaterSource: Public Security Features: Smoke Detector(s), 24 Hour Security, Carbon Monoxide Detector(s), Security Guard
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1000 New Jersey Avenue .., Washington, DC, 20003 $270,000 -- 1 556 --
1000 New Jersey Avenue .., Washington, DC, 20003 $389,900 1 1 -- --

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/07/2026 @ 22:19

MLS: DCDC2282806 LISTED BY: Andrew Peers, Compass 703-310-6111 SOURCE: Bright MLS

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