Washington · Commercial sale

Cnbb 700 DC buys 1401 G St NW in Washington for $50.35 million

An office building at 1401 G St NW, Washington sold for $50,350,000 on October 26, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 6, 2026

Sold October 26, 2026 · Washington, DC

Aerial view of 1401 G St NW, Washington with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: DC Office of Tax and Revenue. The photo can predate the sale.

Sale price: $50,350,000
Sold: October 26, 2026
Property type: Office building
Building area: 463,869 sq ft
Price per sq ft: $109
Year built: 1917

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 26, 2026

Seller's estimated net sheet

1401 G St NW, Washington

Sale price	$50,350,000
Title and settlement
Settlement / closing fee	$400
Transfer taxes and recording
Deed transfer tax	$730,075
Prorations
Property tax proration (seller owes)	$20,443.48
Other costs
Wire / courier / payoff processing	$50
Total deductions	$750,968.48
Estimated net to seller	$49,599,031.52

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NetSheet.orgOctober 26, 2026

Buyer's estimated net sheet

1401 G St NW, Washington

Purchase price (cash)	$50,350,000
Title and settlement
Owner's title insurance policy	$127,100
Settlement / closing fee	$400
Transfer taxes and recording
Deed recordation tax	$730,075
Deed recording fee	$30
Credits
Property tax credit from seller	$20,443.48
Closing costs and prepaids	$857,605
Estimated cash to close	$51,187,161.52

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 0.57% of price ($286,995).
Title and settlement fees are typical estimates, not quotes.

Selling in Washington?

District of Columbia transfer tax and closing costs

The $50,350,000 sale was 69% below the recorded market value of $160,070,230. The District of Columbia Office of Tax and Revenue's property sales records show the sale closed October 26, 2026. They list Cnbb 700 DC LLC as the buyer.

DC Office of Tax and Revenue records show the office building at 1401 G St NW has 463,869 square feet of building area. At $109 per square foot, the building sits on a 0.51-acre lot and was built in 1917.

The last sale on record before this one was $183,000,000 in 2013, according to the DC Office of Tax and Revenue's records.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in District of Columbia?

By our estimate, the seller's two largest charges, not counting prorations, were $730,075 for the deed transfer tax and $400 for the settlement / closing fee. Who pays what follows District of Columbia custom.

How much did the seller net?

By our estimate, the seller netted about $49,599,032. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $51,187,162 at closing. That covers the full price and closing costs.

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1401 G St NW, Washington, DC.

Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026105963. 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.