Insider Alert: City Center Sells 2,600 SF Penthouse for $3.8 Million

City Center - Washington DC's Hottest New Development

DC’s hottest new development, City Center, has only just begun sales and is already breaking price records. The developer has secretly reported that one of their largest units has gone under contract for $3.4 million and the purchaser added a small one-bedroom unit to the floor plan for a mere $400,000 totaling the massive $3.8 price. Trading at this level sets the standard for this impressive new development at almost $1,500/SF for the larger units. Buyers better line up fast. One of the two residential buildings is already 40% sold and the waiting list for an appointment is over 3 weeks. Three of the eleven units with private outdoor terraces sold early in the “friends and family” program and the others are sure to go fast.

 

Leave a Reply

Your email address will not be published. Required fields are marked *