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DC's Kennedy Street Starts to See Pricing Regulate

Pricing is rising a little bit and more importantly, becoming more reliable.

By Erika Morphy | Updated on November 07, 2017

433 Kennedy Street NW

WASHINGTON, DC–A four-unit apartment building in the Brightwood Park submarket has traded for $940,000 or $78.99 per buildable square foot. The property, located at 433 Kennedy St., NW, is sited on a 4,760-square foot lot that is zoned MU-4.

The buyer is a local private developer with plans to redevelop the property into possibly another use. Marcus & Millichap’s Grant Fitzgerald and Marty Zupancic, both of the Washington DC, office, had the exclusive listing to market the property on behalf of the seller, a private investor in the District.

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