Washington · Commercial sale
Mebar Realty buys 400 North Capitol St NW in Washington for $170 million
An office building at 400 North Capitol St NW, Washington sold for $170,000,000 on September 15, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $170,000,000
- Sold
- September 15, 2026
- Property type
- Office building
- Building area
- 961,282 sq ft
- Price per sq ft
- $177
- Year built
- 1974
An office building at 400 North Capitol St NW in Washington sold for $170,000,000 on September 15, 2026. That is 37% below its market value on record of $269,343,630, according to the District of Columbia Office of Tax and Revenue's property sales records.
The record lists Mebar Realty LLC as the buyer. The deed conveys 2 parcels, and 400 North Capitol St NW is the largest one identified. An aerial photo of the property shows that the site holds 2 buildings.
The DC Office of Tax and Revenue's records show 961,282 square feet of building area, a 1974 construction date and a 2.21-acre lot. At that size, the price works out to $177 per square foot.
The most recent earlier sale on record is $164,500,000 in 2014.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $2,465,000 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $166,605,372 before brokerage commissions and any loan payoff. A cash buyer would need about $171,962,477 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026091167. 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.
