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1600 Pennsalyvania Ave

Trump Administration Invests $4.7 Billion In Amtrak Northeast Corridor Infrastructure Improvements
SOLDDevelopment Site

Trump Administration Invests $4.7 Billion In Amtrak Northeast Corridor Infrastructure Improvements

1600 Pennsalyvania Ave

$4,700,000,000

Building Size

Asset Type

Development Site

Closing

Apr 20, 2026

AI

The transaction involves a significant investment of $4.7 billion allocated to Amtrak’s Northeast Corridor, which spans from New York City to Washington, D.C. This investment is directed towards major upgrades at key transit hubs, namely Penn Station and Washington Union Station. The focus aims to enhance capacity, reliability, and long-term efficiency on one of the busiest rail lines in the United States.

Summary of transaction details:

  • Property Type: Infrastructure Investment
  • Transaction Amount: $4.7 billion
  • Location: Northeast Corridor (NYC to Washington, D.C.)
  • Key Individuals: Donald Trump, Roger Harris, Sean P. Duffy

This deal is supported by the Trump administration, which is actively investing in the country's legacy infrastructure to position rail as a vital component of future mobility and economic expansion.

Players

Donald Trump Jr.

Buyer

$4.7B

vol

6 deals

Buyer

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.00%

Cash-on-Cash

-0.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93