Updated Oct 29, 2026
Black Dog Receiver, LLC Sells Multifamily Development In Washington DC For $9.5 Million
4620 Wisconsin Avenue Northwest & 4624 Wisconsin Avenue Northwest
$9,500,000
$29/SF
Building Size
161,347 SF
Asset Type
MultiFamily
Closing
Oct 28, 2026
About this deal
AI
The property asset involved in this transaction is a partially completed multifamily development located at 4620-4624 Wisconsin Avenue Northwest in Washington, DC. The sale was executed on October 28, 2026, with a transaction amount of $9,500,000. The development encompasses 161,347 square feet and is designed to feature 144 residential units along with three ground-floor retail suites totaling 11,328 square feet, as well as below-grade parking.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,500,000
- Square Footage: 161,347
- Price per Square Foot: $59
- Address: 4620-4624 Wisconsin Avenue Northwest
- Market: Washington, DC
- Seller: Black Dog Receiver, LLC
- Brokers: Marty Zupancic, John Slowinski & Ryan Murray - Marcus & Millichap
Marcus & Millichap arranged the sale representing the court-appointed receiver Black Dog Receiver, LLC. The property is situated within Washington D.C.’s Tenleytown neighborhood, and the planned construction includes an eight-story structure.
On the Map
$9,500,000
$29/SF
MultiFamily
View full map
Players
Washington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Marty Zupancic to view all their deals.
Browse Washington multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93