Washington · Commercial sale
Amare Holdings buys 5524 8th St NW in Washington for $3.17 million
An apartment building at 5524 8th St NW, Washington sold for $3,175,000 on August 31, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,175,000
- Sold
- August 31, 2026
- Property type
- Apartment building
- Building area
- 16,872 sq ft
- Price per sq ft
- $188
- Year built
- 1927
At $3,175,000, the sale price was 33% above the $2,393,300 market value on record, according to DC Office of Tax and Revenue records.
The apartment building at 5524 8th St NW in Washington sold for $3,175,000 on August 31, 2026, according to the District of Columbia Office of Tax and Revenue's property sales records.
The record lists Amare Holdings, LLC as the buyer. The DC Office of Tax and Revenue's records show 16,872 square feet of building area, a 1927 construction date and a 7,500-square-foot lot; at that size, the price works out to $188 per square foot.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $46,037.50 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $3,111,902 before brokerage commissions and any loan payoff. A cash buyer would need about $3,214,020 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026086563. 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.
