Washington · Commercial sale
7K 1775 buys 1775 Pennsylvania Ave NW in Washington for $37.5 million
An office building at 1775 Pennsylvania Ave NW, Washington sold for $37,500,000 on September 2, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $37,500,000
- Sold
- September 2, 2026
- Property type
- Office building
- Building area
- 309,460 sq ft
- Price per sq ft
- $121
- Year built
- 1975
An office building at 1775 Pennsylvania Ave NW in Washington sold for $37,500,000 on September 2, 2026, a price 54% below the $81,153,680 market value on record. The figures come from the District of Columbia Office of Tax and Revenue's property sales records.
Spread across the building's 309,460 square feet, the price works out to $121 per square foot. The Office of Tax and Revenue's records show the building dates to 1975.
An aerial photo of the property shows that it sits at a street corner, with shops and offices around it. The records list the lot at 14,178 square feet.
The record lists 7K 1775 LLC as the buyer.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $543,750 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $36,758,447 before brokerage commissions and any loan payoff. A cash buyer would need about $37,941,802 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026087393. 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.
