Washington, D.C. Building Home to National Italian American Foundation Set to Become Lavish Personal Residence
The stately Washington, D.C. building that has been home to the National Italian American Foundation for the past 30 years is now ready to be transformed into a lavish personal residence. The 7,800-square-foot property, officially known as the Ambassador Peter F. Secchia Building, will be brought to the market next week for $3.99 million by Douglas Elliman agents Matthew Windsor and Lyndsi Armenio. While it could potentially sell to a company, corporation or even a country, the agents believe the building has great potential as an end-user residential property.
Historic D.C. Building in Dupont Circle District to Be Marketed as Trophy Home
The Ambassador Peter F. Secchia Building, located in the Dupont Circle Historic District, is set to be marketed as a trophy home due to its great bones and numerous original details. While preservation zone rules will require the facade to remain unchanged, the interior is free to be updated. The more than 100-year-old building has parquet floors, a grand staircase, and crown molding with gold foil embellishments, making it particularly appealing to buyers who appreciate fine details. Additionally, its size and the size of the lot it sits on make it stand out in a neighborhood filled mainly with brownstones.
Overhaul of National Italian American Foundation Building Will be a Worthwhile Project
Although the building lacks bedrooms and a kitchen, among other features needed for everyday living, the potential overhaul of the property is deemed a worthwhile project by the agents. While it would require a significant investment, the preservation of the building’s historic features combined with the grand size of the home and the lot make it a unique opportunity for buyers looking for a luxurious and distinctive residence in Washington, D.C.
A Rare Find: The National Italian American Foundation Building Preserves Original Details
According to Lyndsi Armenio, preserving the more than 100-year-old building of the National Italian American Foundation has been a stellar job. The property boasts a great amount of original details, making it a rare find in the real estate market. With buyers increasingly valuing these finer details, the building’s parquet floors, grand staircase, and crown molding with gold foil embellishments add significant appeal to the Washington, D.C. property.
Washington, D.C. Building Offers Potential as a Residential Property
While it remains open to the possibility of being sold to a company, corporation, or country, the National Italian American Foundation building in Washington, D.C. is being marketed as a potential residential property. The agents behind the property’s listing believe it has great potential to become a luxurious home for an end-user. With its prime location in a preservation zone and its impressive interior, the building has a lot to offer buyers who appreciate historic charm and fine details.
Douglas Elliman Agents to List Historic D.C. Building for $3.99 Million
Douglas Elliman agents Matthew Windsor and Lyndsi Armenio are set to bring the National Italian American Foundation building to the market next week for $3.99 million. As experts in the luxury real estate market, Windsor and Armenio recognize the unique value of the property’s historic building, its prime location, and its potential as a grand residential home. The listing offers buyers the opportunity to own a piece of Washington, D.C. history and create a one-of-a-kind living space within the Ambassador Peter F. Secchia Building.
Analyst comment
Positive news: The National Italian American Foundation building in Washington, D.C. is being marketed as a potential residential property. It has great potential to become a luxurious home for an end-user. The building boasts original details, making it a rare find in the real estate market. Its prime location and impressive interior offer buyers the opportunity to own a piece of Washington, D.C. history and create a one-of-a-kind living space. The market is expected to see strong interest and potential appreciation.
