The Mint, a boutique condo property that opened in Eckington this past March, is setting a competitive bar for the emerging neighborhood.
Real estate has been heating up in Eckington, with a slew of new construction projects and many of the neighborhood’s row houses undergoing renovation. But while the average property sale hovers in the upper $200s to low $300s per square foot, The Mint, a 21-unit project, shattered those price points at $400 a square foot—and for good reason.
The Mint is centrally located at Rhode Island Avenue and 4th Street NE (map) and is the creation of PERS Development, a firm with a reputation for developing high-quality, modern properties. The building has stylishly designed common areas and a number of boast-worthy features.
The roof deck at The Mint.
Residents have access to a 4,000 square-foot rooftop that includes a glass enclosed fitness center and lounge with a solar-heated shower. For bicyclists, a Capital Bikeshare station is located directly in front the building, and for commuters, the Rhode Island Metro Station on the Red Line is just two blocks away. Soon, PERS will announce major plans for their ground-level retail space.
The Mint is a true boutique property, with fewer units than your average condo development. Their one- and two-bedroom units start at around 1,000 square feet, and stainless steel appliances, maple wood cabinets, hardwood floors, an in-kitchen wine cellar, Spanish porcelain tiles, and in-unit washer/dryers all come standard.
A living room at The Mint.
Eckington sits just north of NoMa and west of Brentwood. Populated by turn-of-the-century row houses, it has a distinct, residential feel—though the new Rhode Island Station shops and a Home Depot and Giant Food are all nearby. The neighborhood is bound to see a lot more development over the coming years, and as such, PERS Development believes that it will be able to repeat the success it has had with The Mint with other new projects that can continue to set the bar for price appreciation.
This article originally published at https://dc.urbanturf.com/articles/blog/sponsored_the_mint_sets_new_standard_for_eckington_at_400/5628.
Most Popular... This Week • Last 30 Days • Ever
This week’s Best New Listings includes a custom condo in downtown DC, a one-story h... read »
Why condo fees are high in some buildings and low in others can be a difficult questi... read »
When sellers haven't quite lined up their next house before their settlement date com... read »
In this edition of First-Timer Primer, we look into the question of how to determine ... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
A recent transaction shows that the housing market isn't cooling off everywhere.... read »
Developer Akridge has released new images of their planned Burnham Place development ... read »
The new development will also have a nearly 20,000 square-foot public plaza.... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro