Washington · Commercial sale
Yasin Group buys 1308 5th St NE in Washington for $4 million
A warehouse at 1308 5th St NE, Washington sold for $4,000,000 on September 28, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $4,000,000
- Sold
- September 28, 2026
- Property type
- Warehouse
- Building area
- 2,800 sq ft
- Price per sq ft
- $1,429
- Year built
- 1930
The $4,000,000 sale price was 9.3 times the most recent earlier sale on record: $430,000 in 2002, according to the District of Columbia Office of Tax and Revenue's property sales records. The warehouse at 1308 5th St NE in Washington sold on September 28, 2026.
The deed conveys 2 parcels, with 1308 5th St NE identified as the largest. The record lists Yasin Group LLC as the buyer.
DC Office of Tax and Revenue records show 2,800 square feet of building area, a 1930 construction date and a 2,500-square-foot lot. The price works out to $1,429 per square foot. The market value on record is $1,246,750, making the sale price 3.2 times that figure.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $58,000 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $3,918,875 before brokerage commissions and any loan payoff. A cash buyer would need about $4,046,980 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026095783. Property details: DC Office of Tax and Revenue. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
