Washington · Commercial sale
Trinity Preservation buys 3017 14th St NW in Washington for $50 million
An apartment building at 3017 14th St NW, Washington sold for $50,000,000 on August 18, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $50,000,000
- Sold
- August 18, 2026
- Property type
- Apartment building
- Building area
- 101,814 sq ft
- Price per sq ft
- $491
- Year built
- 1929
An apartment building at 3017 14th St NW in Washington sold for $50,000,000 on August 18, 2026, a price 47% above its market value on record of $34,083,320. The figures come from the District of Columbia Office of Tax and Revenue's property sales records.
The record lists Trinity Preservation LP as the buyer. The Office of Tax and Revenue's records show 101,814 square feet of building area, a 1929 construction date and a 17,621-square-foot lot. At that size, the price works out to $491 per square foot.
The deal also tops the building's last trade. The most recent earlier sale on record is $36,000,000 in 2024, and this price is 39% above that.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $725,000 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $49,023,125 before brokerage commissions and any loan payoff. A cash buyer would need about $50,600,230 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026082372. 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.
