GDoN “Surrounded by retail and restaurants” edition

GDoN

This unit is located at 2030 8th Street, Northwest. The listing says:

“JR.One Bedroom/1bath. Modern industrial design unlike anything else in DC. Gorgeous views through floor-to-ceiling glass windows on all exterior walls. Surrounded by retail and restaurants on U Street and the 14th Street Corridor. Easy Metro access via the Green/Yellow line. Amenities include a concierge, 4,000SF rooftop terrace, fitness center, club room, and bicycle storage.”

inside

You can see more photos here.

This 1 bed/1 bath is going for $399,000.

36 Comment

  • $800.00+ per square foot?!!! The place would have to be designed by Frank Gehry and include a personal valet. No…wait…I’d trade both for a proper pantry. [sheesh]

  • One photo of the “kitchen” and two of the bathroom and zero of anything else in the place. $800/square foot. Yeesh. Pass.

    • Notice also that they didn’t mention the condo fee. But seriously, if $800/sq.ft holds, I’ve got a beautiful place in Petworth…1900 on three levels with an actual garage and no condo fee that I’d be willing to part with for a song. How about $750/sq.ft?

      • While I think $800/sq. ft. in that area is crazy, Petworth and the location of this place are very different…You could also have a 5 bedroom, 5,000 sq. ft. home in silver spring…

        • Nope: as someone who just bought in residential Silver Spring after 2 years of watching the market: you can have a 1,500 sqft updated 3 bedroom 2 bath or a 1,500 sqft non updated 4 bedroom 2 bath.

          • houseintherear

            The point is that Petworth is not the same neighborhood, therefor prices are (duh) different.
            _
            I am interested to see if they’ll get asking. The Shay, although a rental so not comparable really, has definitely NOT filled up. The rent is too damn high. I wonder if the purchase price will ever be too damn high in DC…

          • hammers

            on my gosh, I just looked at prices for the shay! Their smallest studio starts at 2.2k!

          • The Shay must be at least 50%+ empty. I walk by it all the time and vast majority of apartments look completely empty (no furniture or decor). But they are not going to lower their rent; all developers lose out in a price war. These guys are colluding. All they need to cover is their interest and operational expenses.
            Only losers (read: Joe Homeowner) pays principal.

        • That was intended to be ‘tongue in cheek’.

  • I Dont Get It

    $800 per square foot? Yikes!

  • I like the finishes, but there’s not many pictures of the actual unit. It’s hard to tell what the layout is and 498 sq feet is not a lot.

  • Interesting strategy for marketing a tiny, overpriced condo: don’t show any photos of the actual unit. Brilliant!
    I admit, I kinda like the bathroom tile.

  • I like the plainness of the kitchen and bathroom tile.
    .
    Agree with others that there are suspiciously few photos of the unit.
    .
    It looks like the bathroom sink (not sure it counts as a vanity) is an enormous basin, rather than a smaller-sized basin and some counter/vanity space to hold bathroom items. Impractical choice, IMO.

    • As someone who has spent a lot of time in the NYC subway back in the 80s and 90s, I do not understand the appeal of subway tile. To me, it just reminds me of the stench of urine.

      • It doesn’t make me think of the subway — I just like that’s it’s PLAIN. I feel like we see too many super-busy kitchen backsplashes and (less frequently) overly busy bathroom tile schemes.

  • I toured this building when it first opened. These units are TINY. The bedroom would fit a queen size bed and nothing else. Closets weren’t even that big. I’m just not sure who is buying at these prices.

  • What does GDoN stand for?

  • Pricey but I love this building and the one across the street. I love this area and it will soon have a grocery store. Building has a gym, roof deck close to metro and movie. Probably not a great deal but I get why somebody would buy it.

  • maxwell smart

    So… is “Jr. 1 Bedroom” code for Studio?

    • You have a defined bedroom area in the former if I remember correctly.

    • Not quite. Jr 1 Bedrooms have a little nook for the bed with a door to close it off from the rest of the apartment.

    • In the newer buildings – such as the Shay – Junior 1 BR has now become code for movable walls that can be used to “hide” your bed from the rest of the living space. It doesn’t even include the nook anymore.
      Absent real photos, this is probably the same situation in this building.

  • is this listed by jbg (the developer) for sale, or is it a resale by the first owner?

  • binntp

    The upper edge of the kitchen cabinets is gonna collect a LOT of dust…not sure why they didn’t just make them go to the ceiling.

    • It gives an illusion of space by letting the ceiling plan continue and not meet the cabinets. The mirror to the left attempts the same thing.

  • Sure it’s expensive on a per-square-foot basis but it’s a fairly low price for buying new construction (or anything, really) on U Street. Obviously you’re selling to someone who cares more about location than square footage. Could be this unit:

    http://2030ap.com/listing/206-406/

    • At $800/square foot, my guess is you can be in that location for less money. I’d say not renovated, but honestly I’d be surprised if you couldn’t find that too for less than $800 square foot. This actually makes the City Center condos look like a good deal.

  • Also, if anyone would rather live in a junior one-bedroom to be on U Street rather than a one-bedroom (or, in some cases two bedroom) twice the size in Mount Vernon for the same price, I have a few other amazing investment opportunities to offer them. I recognize the neighborhoods are different, but I really cannot grasp what on earth is near this building that is so appealing. A movie theater? The “shops’ at The Shay? The Brixton? Yeesh. Honestly. I don’t get it.

    • Being in the (current) epicenter of DC nightlife is worth a premium to many. Many also have parents who wouldn’t scoff at writing a $400k check for a fancy closet.

    • I’m not sure where in Mt Vernon one can find these mythical 2 BRs selling for $400K…

      • +1… $400k in Mt. Vernon? You’d need a time machine. Two bedrooms under $500k are rapidly going the way of the dodo in DC… This sucks but it’s increasingly reality in prime neighborhoods.

      • Point taken. But there are plenty of much larger one bedrooms for sale or having recently sold in Mount Vernon in the $400K – 450K price range. And in fact the maximum price per square foot I could find on any that sold in the last six month was only ~$580/square foot. And that includes Penn Quarter, which is arguably even higher priced than Mount Vernon Triangle.

        I don’t deny where this place is is busier, but it’s a three minute and $5 Uber ride. Or you know, a short walk.

  • bought my 900 sq ft, updated condo in capitol hill in august for 360. huge bedroom, hardwood floors, newly renovated kitchen and bath, fireplace, private patio…and felt like that was a stretch! yikes.

  • I actually looked at these a while ago. They were TINY. But the big windows were nice. Good for someone who isn’t home much. The “bedroom” would fit a full sized bed. It seemed well built, but for 20k more i got a 700 square foot condo in adams morgan. Would have been nice to be near the new movie theater though.

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