Press Release
Coakley Realty Represents Dynamic Listing in the Transforming Northeast D.C., Carver-Langston Neighborhood
The premier full-service residential and commercial real estate company in the Washington, D.C. metropolitan area infuses partnerships and collaboration to bring new residential condos to market in DC’s newest ‘on the rise’ housing market
ROCKVILLE, MD — July 11, 2019 – Rory S. Coakley Realty, Inc. (Coakley Realty), one of the Washington D.C. metropolitan area’s premier full-service residential and commercial real estate firms, announces their newest residential real estate listing in Carver-Langston, Northeast D.C. The condo building, 1021 17th St., offers eight units with two penthouses. Currently, seven units are on the market.
Carver-Langston, located next to the US National Arboretum and the historic Langston Golf Course, offers an easy commute from the popular H Street Corridor. The condo building is positioned on one of the highest points in the D.C. area and allows for clear views of the Washington Monument, the Capital, Catholic University and the Cathedral. The building is also located near 17th street’s bus route, making the condo an optimal location for buyers who require convenient public transportation.
The Carver-Langston neighborhood is currently undergoing a dynamic transformation, including:
- The redevelopment of the neighborhood’s commercial icon, Hechinger Mall.
- The development of a new residential mixed-use building featuring 180 residential units and 15,000 sf of retail near the vibrant H Street corridor and Northeast quadrant.
Funding, design, and buildout of 1021 17th St. were brought together through Coakley Realty’s Washingtonian network. Paul Merritt of Capital Bank provided financing and Joey Yaffe of New City Construction completed the design/build.
“We saw buyers expanding their residential search into H street,” said Kim Sarin, owner of the building. “Then after speaking with Coakley Realty and connecting with Capital Bank and New City Construction, we realized our vision for this building in this landmark D.C. community.”
The condo conversion took two years to complete. Originally, when the apartment was built in 1937, it was four units. However, when zoning laws changed in 2016 the building doubled its units to eight due to the reduction of parking permits required.
“Our goal was to maximize space and optimize natural light throughout each unit, which we accomplished through front bump out bay windows and the back-inset court,” said Joey Yaffe of New City Construction. “The opportunity to expand this condo building drove the value and gave this project life.”
“Redeveloping Carver-Langston brings this area of Northeast D.C. into the future,” said Rory S. Coakley, owner of Coakley Realty. “We are honored to have brought this team together that worked to achieve this goal. We are now focused on selling these units as well as future condos in the area, in an effort to continue to grow and transform this community.”
About Coakley Realty
Celebrating 30 years in business, Coakley Realty is a premier full-service residential and commercial real estate company in the Washington, D.C. metropolitan area specializing in residential and commercial real estate sales and leasing, property management, tax appeals, appraisals, and litigation support. Coakley Realty’s staff of experienced and knowledgeable real estate consultants offers home buyers, home sellers and business owners the best in real estate services and higher levels of expertise in analysis and negotiating skills. For more information, please visit www.coakleyrealty.com or follow us Instagram at www.instagram.com/coakleyrealty, on Facebook at www.facebook.com/coakleyrealty, and on LinkedIn at www.linkedin.com/company/coakley-realty.
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