57 N Street NW , #324

Description

0 BD | 1 BA | Floor-to-Ceiling Windows | Stainless Steel Appliances | Exposed Brick | Rooftop DeckWelcome to Chapman Stables, a modern luxury residence in the heart of NoMa! Originally home to the Chapman Coal Company, this historic building was thoughtfully restored in 2018 while preserving key architectural elements from its past. The 1906 facade, original exterior windows, and a distinctive car elevator"once used to transport coal cars"remain integral features of the buildings character.Unit 324 boasts floor-to-ceiling windows, hardwood flooring, a Bosch stacked washer/dryer, and sleek stainless steel appliances. The bathroom is designed with a quartz-topped vanity and elegant tile finishes, adding to the units sophisticated charm.Pursuant to the District of Columbia Inclusionary Zoning Program, income restricted units are available at this development. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 50% MFI unit, by household size: $61,900(2 people) $54,150(1 person). Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. The minimum occupancy requirement of at least 1 person per bedroom. The unit must remain the owners continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage. This unit is available via the IZ program. To become eligible for the IZ purchase units, complete steps 1, 2 and 3 on the DC DHCD website. Click on Services then Inclusionary Zoning Registration. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.