OLD CITY 2

57 N St NW #221

Washington, DC 20001

IZ Unit | 57 N Street NW #221 | 2 BD | 1 BA | Walk-in Closets | Floor-to-Ceiling Windows | Stainless Steel Appliances | Exposed Brick | Rooftop Deck | Welcome to Chapman Stables, located in the heart of NoMa! This modern, luxury building was lovingly restored in 2018 from the historic Chapman Coal Company building, which was built on the site of a stable that originally occupied the lot. The building preserves several historical elements, including the 1906 facade, original exterior windows, and a unique car elevator that once lifted coal cars to the upper-level service bay. Unit 221 features two spacious bedrooms, floor-to-ceiling windows, walk-in closets, hardwood floors, exposed brick, a Bosch stacked washer/dryer, stainless steel appliances, and a bathroom with a quartz-countered vanity and bespoke tile selections. Pursuant to the District of Columbia Inclusionary Zoning Program, income restricted units are available at this development. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI unit, by household size: $99,000(2 people) $111,400(3 people) $123,750 (4 people) $133,650 (5 people). Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. The minimum occupancy requirement of at least 1 person per bedroom. The unit must remain the owner’s continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage. This unit is available via the IZ program. To become eligible for the IZ purchase units, complete steps 1, 2 and 3 on the DC DHCD website. Click on “Services” then “Inclusionary Zoning Registration. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.

Listing courtesy of TTR Sotheby's International Realty



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.