The Chastleton is a 300-unit cooperative building located in Dupont Circle. It was built in 1920 and underwent a full renovation in 2007. A cooperative, or co-op, is different than condo ownership in that each owner is a shareholder in a corporation, rather than a deed holder and owner of real property. Co-ops are owned and run jointly by its members, and this is one of the most popular ones in DC.
Located at 1701 16th St. NW, at the corner of R St. NW, the Chastleton features eight floors and a rooftop deck. Some units come with parking and there is a 24/7 front desk and exercise room. The Chastleton includes studios, one-bedroom, and two-bedroom units, ranging from less than 300 to nearly 1,000 square feet. Included in the condo fees are cable TV, lawn maintenance, management, reserve funds, security, water, sewer, taxes, trash removal, snow removal, and the exercise room. Keener Management runs the property and has an office in the building to accommodate owners.
The Chastleton is located four blocks from the Dupont Circle Metro station. It is also five blocks from Adams Morgan, three blocks from the U Street Corridor, and just two blocks from 14th St. NW and Logan Circle. All of these neighborhoods provide a wealth of dining, shopping, entertainment, and much more. There are rules for subleasing and a list of approved mortgage lenders. For more information on this and the Chastleton in general, please contact us.