Homes by Navy Yard include a growing number of new developments, both new apartment buildings and new condos, including the Velocity Condos on Capitol Hill built in 2009 and the Foundry Lofts, which wrapped up construction in 2011.
The Yards Foundry Lofts at 301 Tingey Street SE are renting for about $2,536 to $3,323 for 755-square-foot 1 bedroom apartments. Two-bedroom apartment homes rent for between about $3,000 and $5,100. These 170 luxury loft apartment homes by Navy Yard Metro are located in an old warehouse that was once the site where workers put together machinery for WWII military fleets called the Pattern Joiner Ship. Many of its units have views of the Anacostia and downtown D.C.
The Foundry Lofts homes by Navy Yard also include 33 two-story penthouse units that range from $4,200 to $5,000 per month, and many direct-entry ground-floor suites. Amenities include interior parking, a courtyard and proximity to a growing number of restaurants and eateries like Potbelly Sandwhich Shop and Kruba Thai & Sushi.
The Foundry Lofts are among several projects that are part of the overall 42-acre development called The Yards along the Anacostia Riverfront that are at the heart of the Capital Riverfront Business Improvement District. Overall, it’s slated for 2,800 new residential units and about 2.2 million square feet of office and retail space.
At the Velocity Condo homes near the Navy Yard at 1025 1st Street, between K and L Streets, condos sell for between $292,000 to $595,000. The 200 condo homes range from 612 square feet to 1,492 square feet, with condo fees ranging from $301 to $498 per month that includes sewer and trash removal as well as fees for amenities. These homes near Navy Yard Metro have a pool, gym, rec room and concierge.