3498 King StRate on request
246 New York Ave NW
67,200 SF of Multi-Family space available at 246 New York Ave NW, Bethesda, MD 20814. For Lease through Frontier Commercial.
For LeaseStatus
67,200 SFAvailable
1934Year built
CClass
Property facts
| Property type | Multi-Family |
|---|---|
| Building class | C |
| Rentable area | 565,900 SF |
| Available | 67,200 SF |
| Stories | 39 |
| Year built | 1934 |
| Renovated | 2009 |
| Typical floor | 14,510 SF |
| Lot size | 3.37 acres |
| Parking ratio | 2.4/1,000 SF |
| Occupancy | 88.1% |
| Zoning | C-3 |
| Parcel ID | 64-953-3235 |
| Submarket | Bethesda |
| Market | Washington DC |
| Days on market | 300 |
| Walk Score | 43 |
| Transit | Highway access I-35 |
| Listing package | Basic |
Building amenities
Restaurant, Energy Star, Fitness Center, Signage
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2020-10-17 | $41.48M | $73.30 | 7.90% | Thornfield Investments | Dunmore Equities |
| 2018-10-06 | $113.35M | $200.30 | 5.33% | Hudson Gate Partners | Dunmore Equities |
| 2018-04-07 | $65.55M | $115.83 | 7.18% | Yellowstone Property Fund | Gulf Coast Realty Partners |
Public record
| Owner of record | Pemberton Capital LLC |
|---|---|
| Assessed value | $140.17M |
| Land value | $52.23M |
| Improvement value | $87.94M |
| Annual tax | $2.46M |
| Tax year | 2026 |
| Lot size | 146,797 SF |
| Last deed | 2020-05-09 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 5 BLK 673 BETHESDA ADDN |
Location
246 New York Ave NW
Bethesda, MD 20814
Bethesda submarket · Washington DC market
38.99821, -77.06172
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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