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GDoN “green roof, sky lounge” edition

by Prince Of Petworth May 17, 2016 at 12:25 pm 13 Comments

1111 Orren Street Northeast

This unit is located at 1111 Orren Street, Northeast. The listing says:

“New construction. Delivery/move-in for JULY! The Corey offers modern finishes in an art-deco design. Residences offer wide plank flooring, stainless steel appliances (w/vented microwave), FULL SIZED washer/dryer, breakfast bar w/ quartz counters, recessed lighting, high ceilings, and other luxury finishes. The Corey’s amenities: elevator, green roof, sky lounge, bike room, outdoor dining & VIEWS!!”


You can see more photos here.

This 1 bed/1 bath is going for $399,900 ($330 monthly fee.)

  • AnonV2

    For close to $600/sq ft in Trinidad I’d have to ask: Haim or Feldman? It matters.

    • HStRes

      I’d say good deal–one block from h street, cool finishes, big windows, nice amenities. It might not be “North End Shaw” but it’s a fraction of the price of Atlantic Plumbing with bigger units and similar finishes.

      • anon7

        Being close to H street is a definite plus, but I gotta disagree. In terms of location, its not close to a metro stop and fairly deep into N.E., which means a hike to other parts of the city. And the unit itself just seems basic. Bit overpriced.

        • Atlasan

          The bus access into the rest of the city from Trinidad is great. This location is just a few blocks from where the D8 (Union Station), D4 (Downtown and Gtown), D3 (Downtown and Gtown), X2 (Chinatown and White House) all pick up. So if you work in downtown, Foggy Bottom or Georgetown, you’ve got an easy, cheap commute with no transfers. And most people who buy in this area do so because Atlas/Cap Hill/Brookland/SE Waterfront have so much to offer. Eastern Market, Nationals Park, Stanton Park, Lincoln Park, the Brookland arts district, etc. are all a walk or very short bike ride away (and this part of the city is incredibly easy to get around by bike because it doesn’t get the traffic volume you see in NW).

          I’m not sure where this unit will shake out in terms of price. I’d say 400K is overpriced for a construction pre-sale, but then those almost always go for below list because the whole point is the developer is trying to get units sold early to make it easier to sell the remaining units when the building is done. But as far as location, this one is a great investment. If I were in the market for a 1 bedroom condo, I’d come in with a competitive offer around 380 and see where I landed. I’d also be willing to spend up to 20K on a parking space, either in this building or nearby, because parking is about to get impossible in this neighborhood and that spot will be worth it’s square footage in gold in about seven years.

    • OP Anon

      Either way, cocaine is on the menu at The Corey.

  • CS

    Hopefully any potential buyers take note of a) the fire station immediately across Orren from the building (I notice that’s not included in the exterior pictures), and b) and the wall shared with Capital Fringe for the units on that side of the building. Perhaps a year’s supply of earplugs comes with the condo docs?

  • textdoc

    Nice — I like the retro Art Deco look.

  • John

    Seems like a good value to me, especially for a brand-new building. Looks a lot like the Atlas Theater on H St.

  • reality

    Really love the look of the building. Grossly overpriced.

  • logandude

    Cute that local architects’ software now includes a CaBi bike for their external renderings.

  • Ann

    $400k and I don’t even get a vented stove hood – just a vented microwave?

  • Dcforme

    I love the fact that it’s a smaller building but has all those amenities. I walked by it this afternoon. It’s only one block from H Street and the street car. It looks pretty nice to me. There was another new building going up on the other side of the firehouse too. I think H street area is the next boom

  • Sam

    Glad to see another coffee shop is coming to the neighborhood! Maketto needs some friendly competition.

    And if $400k means an outdoor balcony like that, I’d say it’s worth it.


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